Maseve to provide Wesizwe Pt with warchest
Shares in the Maseve platinum project will provide Wesizwe Platinum with some of the funds to fully finance its R10.7bn Bakubung project.
Genorah to keep Nkwe stake
Nkwe Platinum says the equity stake of its major shareholder, Genorah Resources, is
safe following the lapse of a security lending agreement.
Northam warns PGM price slump could last for two years
NORTHAM Platinum has forecast an extended slump in platinum group metal (PGM) prices of up to two years placing "significant pressure on earnings and...
Investors redeemed platinum ETFs in favour of PGM mining company dividends
REDEMPTIONS of platinum-backed exchange traded funds (ETFs) in South Africa totalled 173,000 ounces in the second quarter, according to a report by the World...
Platinum could breach $2,000, says GFMS
The platinum price could rise above $2,000/oz depending on investment demand for the metal, according to the latest GFMS survey of the platinum and palladium markets.
Amplats prepares for possible surge in community disruption as SA economy...
Before her appointment as Anglo American Platinum’s (Amplats’) new CEO in April, Natascha Viljoen (49) was head of processing at Anglo American. Prior to...
Time to let out the handbrake on platinum group metals?
The JSE’s four largest platinum miners cut nearly R30bn in planned capital and stay-in-business expenditure in February in a clear vote that the metal’s...
Impala in fresh wage talks
The National Union of Mineworkers plans talks with negotiators at Impala Platinum to head off a strike over wages that may impact global prices of the precious metal.
Angloplat earnings seen 20pct higher
Anglo Platinum has advised that its first half basic earnings per share and headline earnings per share were expected to increase by at least 20%.
Modikwa employees return to work
Modikwa Platinum has agreed to wage increases of between 8.5% and 10%, ending a three week protected strike.