Strike, stoppages smack Northam earnings
Northam Platinum, hit by labour action and safety-related stoppages, has reported a drop in first-half profit and says the outlook is challenging.
Shanduka unfazed by market as Lonmin deal nears
Shanduka Group is edging towards the completion of a feasibility study into
whether to take control of Lonmin’s Limpopo division.
NewCo’s Platmin in healthy state
THE ramp-up problems that have beset Platmin are a thing of the past
according to Chairman Brian Gilbertson, who says the mine will achieve its
production target by year-end.
Zimplats workers return to work
Workers at the Zimbabwean unit of platinum miner Impala Platinum have returned to work after going on strike last week over electricity bills.
Platinum to move into deficit in 2023 as supply constraints weigh...
PLATINUM would record a long-anticipated deficit in 2023 as demand from automakers rebounded and supply from South African primary production remained constrained.
Supply from Nornickel...
PTM mops up after $590m loss, needs $30m to settle debt
PLATINUM Group Metals (PTM) brought the curtain down on a most difficult of years in which it shelved and then sold its much-vaunted Maseve...
Implats impairs Canadian mine by R7.8bn as palladium plummets
IMPALA Platinum (Implats) has taken a heavy hit on its Canadian mine, impairing the asset by more than half its initial R11.4bn purchase price...
Implats has work cut out reviving RBPlat as firm posts interim...
IMPALA Platinum (Implats) has its work cut out reviving Royal Bafokeng Platinum (RBPlat), the company for which it will pay R26bn in cash as...
PTM says “line of sight” over $400m funding will secure SA’s...
PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...
Amcu storms out of central bargaining talks
The Associated Mineworkers and Construction Union (Amcu) has stormed out of talks
regarding a central bargaining forum for the country’s platinum sector.