Mantengu contests FCSA finding shares were not illegally traded
SOUTH Africa's capital markets regulator said there was insufficient evidence to support allegations of prohibited trading practices in Mantengu Mining – an outcome contested...
‘Scared’ miners do most for upliftment
Some Zimbabwean mines have the best regional social projects - probably because mining groups operate in fear of the country’s government, says a research group.
Northam’s Dunne says lack of synergies with RBPlat “irrelevant” to control...
NORTHAM Platinum Holdings CEO, Paul Dunne described criticism his company had no operational synergies with Royal Bafokeng Platinum (RBPlat) as "irrelevant".
"There has been discussion...
AMCU calls dispute in PGM wage talks with Sibanye-Stillwater after three...
THE Association of Mineworkers & Construction Union (AMCU) has declared a dispute following nearly three months of wage negotiations with Sibanye-Stillwater regarding the firm's...
Zimbabwe platinum poised for lift-off
Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.
S&P upgrades Sibanye-Stillwater credit on expectation of “materially higher cash flow”
RATINGS agency, S&P Global, upgraded the credit rating of Sibanye-Stillwater owing to its expectation of "materially higher cash flow". This would be driven by...
Jubilee losses widen due to smelter spend
Jubilee Platinum has reported a widening of its full year loss as it continues to spend on its smelter operations.
Sibanye-Stillwater to restructure PGM shafts affecting 4,095 miners
SIBANYE-Stillwater announced today restructuring plans of its South African platinum group metal (shafts) affecting 4,095 full time employees and contractors.
The precious metals miner said...
Lonmin’s solvency back in the mixer as embarks on shaft review
THE solvency of Lonmin has again been cast into the crucible after a non-cash impairment took the value of the business to $1.1bn -...
Amplats may revisit restructure plan
A report by City Press raised the prospect that Anglo American Platinum may seek to mitigate a restructuring plan affecting up to 14,000 jobs.