Wesizwe has BEE plan if Govt. wants increase
Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.
Implats restarts tragedy-hit shaft amid sharp earnings fall
IMPALA Platinum expected to lose about 60,000 ounces of platinum group metals owing to the tragic underground accident at its Rustenburg 11 shaft in...
Platinum to run narrow supply deficit in 2021 but demand momentum...
THE platinum market will run a small supply deficit this year of about 60,000 ounces as supply rebounds following an interruption-hit 2020, said the World...
PGMs and Trump Administration tax reform to offset gold mining blues...
STRONGER platinum group metal (PGM) prices and an unanticipated tax reform courtesy of US president, Donald Trump, will assist in a $3.4bn improvement in...
Anglo discusses job cuts at Amplats, Kumba Iron Ore
ANGLO American acknowledged it was under pressure following sustained weakening in platinum group metal prices (PGMs) and a decline in the performance of South...
Wesizwe Platinum concentrator delayed by “certain defects”
WESIZWE Platinum is to ramp up production from its Bakubung mine in South Africa's North West province in the first quarter of 2025, the...
‘Neutral’ Lonmin shows $120m Q1 cash outflow
Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.
Amplats will “critically evaluate” projects after demerger
ANGLO American Platinum (Amplats) will "critically evalute" projects that might have been previously overlooked once it had been demerged from parent group Anglo American.
Anglo...
Jubilee to ease pressure with $90m sale of SA business
JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa.
Commenting on the planned...
RBPlat secures R1bn for Maseve after rights issue subscribed three times...
ROYAL Bafokeng Platinum (RBPlat) confirmed it had raised R1bn from a rights issue after is heavily discounted offer was more than three times subscribed.
A...