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Amplats unveils R15.7bn special dividend ahead of June demerger

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ANGLO American Platinum (Amplats) on Monday said it would pay a special cash dividend of R15.7bn, equal to R59 per share. In addition to the...

Implats CFO resigns

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Impala Platinum has announced the resignation of Dawn Earp as chief financial officer of the group and as an executive rirector of the board with immediate effect.

Amplats CEO says firm is “continuously monitoring” risk of total power...

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ANGLO American Platinum (Amplats) said it was monitoring the risk of a total energy blackout at its South African mines following an increase in...

Harmony Gold says CSA mine requires two year revamp

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HARMONY Gold said this week it will recapitalise and rethink how to mine its recently acquired 41,000 ton a year CSA copper mine in...

Sibanye-Stillwater bails from WPIC, Implats says departure is “big loss” to...

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SIBANYE-Stillwater confirmed it was heading out of the World Platinum Investment Council (WPIC), saying that as "a new kid on the block" the company...

Asset swap coming at Anooraq: JP Morgan

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Anooraq Resources is likely to swap some of its platinum resource inventory to get rid of the R5.5bn debt it owes to Anglo American Platinum, according to JP Morgan Cazenove.

Battle weary Lonmin slashes capex further

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Lonmin has reined in capital expenditure for the next two years by another 23% as the company seeks to map its way forward following the events at Marikana.

Mined platinum supply set to fall in 2025, says WPIC

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MINED platinum supply is forecast to fall two percent next year owing to continued restructuring by producers, said the World Platinum Investment Council (WPIC). Commenting...

Northam hikes Booysendal capex

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Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.

Mineworker dies at Lonmin’s Rowland shaft

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The National Union of Mineworkers has reported the death of a mineworker at Lonmin's Rowland shaft outside Rustenburg.