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Implats appoints Goodlace as new CEO

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Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.

Two workers die at Modikwa, says NUM

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Two miners have died at Modikwa Platinum after a cave-in, bringing the number of workers killed at mines this year to more than ten, says the National Union of Mineworkers.

Impala’s Rustenburg resumes production

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Impala had rehired 14,950 workers at its key Rustenburg mine which was ready to restart production following a crippling six week strike which cost the operation 120,000 ounces of output.

Tharisa promises “considerable” cash growth after maiden payout

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CHROME and platinum group metal (PGM) mining firm, Tharisa, is to pay a maiden dividend of 1 US cent per share and said it...

Platinum impervious to strike … for now

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The platinum price may well respond if a strike at South Africa's producers were to continue for another month, said Impala Platinum's Derek Engelbrecht.

Sibanye-Stillwater says US to grant R4.8bn in metals subsidies

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SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its US platinum group metal...

Amplats to trial hydrogen power technology for possible use across Anglo...

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This article has been corrected to show that Anglo American Platinum will trial hydrogen power in one truck for a possible rollout in 400...

Sibanye-Stillwater prepares for worst ahead of PGM wage talks with R1.8bn...

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SIBANYE-Stillwater is to place shares worth R1.8bn in an effort to minimise the impact on its balance sheet of the ongoing strike at its...

Lonmin wage deal frustrated by unknown force

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Lonmin CEO, Ben Magara, could not say whether AMCU was behind efforts to intimidate workers who overwhelmingly wanted to end a 10-week strike.

Zimbabwe gets heavy on indigenisation

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The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.