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Platinum firms warn strike making mines unviable

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South Africa's platinum firms Implats, Lonmin and Amplats is making a portion of the country's platinum reserves unviable.

DRDGOLD “keen” to be vehicle for Sibanye-Stillwater PGM tailings

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DRDGOLD CEO Niël Pretorius said his company was "keen" to become involved in retreating platinum group metal (PGM) tailings owned by its majority shareholder...

Northam strikes strategic deal to buy platinum from Robert Friedland’s Ivanplats...

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Northam Platinum (Northam) is to buy 50% of the platinum group metal (pgm) concentrates that will be produced by the Ivanplats Platreef Mine over...

Lonmin woes deepen as COO resigns for “personal reasons”

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LONMIN suffered a body blow today with the departure of its chief operating officer Ben Moolman who has resigned owing to "personal reasons". "The board...

Num condemns Lonmin community deal

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Lonmin's agreement to employ only locals at its Marikana mine in Bapong promotes xenophobia, says the National Union of Mineworkers.

Amplats approves R3.9bn extension of 250,000 oz/year Mototolo PGM mine

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ANGLO American Platinum (Amplats) has approved the extension of its Mototolo mine which is forecast to continue producing 250,000 ounces of platinum group metals...

Implats calls off Marula sale, looks to expand

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Impala Platinum has abandoned plans to sell its 78,500 oz/year Marula platinum mine saying, instead, it will expand the operation.

Sibanye-Stillwater’s Froneman prepared to intensify restructuring

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SIBANYE-Stillwater was prepared to increase its cost cutting exercises were current commodity prices to persist or worsen. Speaking to BusinessLive, the precious metal miner's CEO...

Green light for Lonmin $407m rights offer

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Lonmin's $407m rights offer received the green light from shareholders following an annual general meeting in London.

Sibanye-Stillwater “seriously considering” making Covid-19 vaccinations mandatory

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SIBANYE-Stillwater was "seriously considering" making Covid-19 vaccinations mandatory on its South African and North American operations. Discovery, the medical scheme administrator company, was the first...