Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
‘Marginal’ Aquarius Pt waits for metal surge
Jean Nel, the no-nonsense CEO of Aquarius Platinum, described his business as "marginal" in current market conditions, a change in which was "not imminent".
SA’s platinum group metal miners hit rock bottom – hopefully
TRADING updates from Impala Platinum and Anglo American Platinum this week are telling the story of last year’s wipeout in share prices. According to...
RBPlat’s Rossouw in colourful call for temperance lest PGM market get...
ROYAL Bafokeng Platinum CFO, Hanré Rossouw, delivered perhaps the most eloquent of bear-case scenarios on platinum group metals (PGM), cautioning at the group’s annual...
Lonmin shares rocket as lenders grant 12-month covenant waiver
SHARES in Lonmin leapt 18% on the Johannesburg Stock Exchange after the platinum mining firm announced today its lenders had given it more leash...
Action on troubled Rustenburg mines a “key imperative” – Implats...
Impala Platinum (Implats) has dropped its refined platinum production guidance for the year to end-June to 1.46m oz from the previous estimate of...
Amplats eases losses, signs with NUM, UASA
Amplats said it would report improved full-year results, and that it had signed a new wage agreement with the NUM and UASA.
SA’s PGM shares due re-rating after “sorting out” debt, says Blackrock’s...
THE South African platinum group metals (PGM) industry has "really sorted itself out and deserves a different level of discount rate" because of the...
Zambezi listing seals Zim’s return
If being forced to sell a handsome slice of Northam Platinum in 2012 was a dark time for his Afripalm Resources, Lazarus Zim isn’t saying
Listing of Sedibelo Platinum Mines back on the radar after shareholder...
THE listing of Sedibelo Platinum Mines (SPM) is back on the radar after one of its shareholders, Gemfields, simplified the structure through which it...