Amplats unbundling will create “opportunities” for rivals
THARISA, a chrome and platinum miner, welcomed the proposed unbundling of Anglo American Platinum (Amplats) as it would create "synergies and opportunities".
Amplats would be...
Temasek invests $100m in Platmin
UPDATED - Singapore's Temasek invests $100m in Platmin, marking what promises to be the first of a number of investments in South Africa. Platmin is to raise a further $250m in a rights issue.
Implats to project finance Waterberg JV if it takes up 2.4bn...
IMPALA Platinum (Implats) would first finance the Waterberg Joint Venture project with debt before asking shareholders in the venture to follow their rights.
In October...
Impala’s shares slide despite upbeat update
Shares in Impala Platinum have dropped despite an upbeat trading update.
Dunne primes Northam shareholders for cash bonanza as PGM sector enters...
NORTHAM Platinum CEO, Paul Dunne, gave his strongest signal yet the firm was ready to resume dividend payments, saying today that not even capital...
Royal Bafokeng Holdings accepted Northam bid without consulting RBPlat, says CFO
ROYAL Bafokeng Holdings (RBH) elected to accept Northam Platinum's R17bn bid for its 32.8% stake in Royal Bafokeng Platinum (RBPlat) without consulting the platinum...
Tough times for Anooraq Resources
A year after Anooraq Resources took over the Bokoni platinum mine from Anglo Platinum, its team is finding it much harder than expected to turn it around.
Northam raises R1.35bn under note programme, makes further in-roads into debt
NORTHAM Platinum said it had completed the private placement of domestic term notes worth R1.35bn in a book-build that was oversubscribed.
The funds raised would...
Northam builds funding capacity with potential pref share repayment in sight
NORTHAM Platinum provided further evidence it may be preparing to buy-back preference shares it issued to its black economic empowerment partner, Zambezi Platinum in...
Amplats exempt from supplying Zimbabwe’s Kell smelter
ANGLO American Platinum (Amplats) will complete construction of smelting facilities in Zimbabwe despite a pact between the government and Pallinghurst Resources that obliges platinum...