RBPlat left to puzzle new twist after Northam makes ‘unsolicited approach’
THE latest development in the battle for control of Royal Bafokeng Platinum (RBPlat) between Northam Platinum (Northam) and Impala Platinum (Implats) is that Northam...
Implats in Canadian exploration deal
Canadian junior Northern Shield Resources and Impala Platinum (Implats) have signed an option and joint venture agreement for a northern Quebec-based project.
Volatile Lonmin reflecting option value
Shares in Lonmin continue to be volatile with the stock regaining more than 70% of its value in seven days - a movement that may reflect its option value.
Zimplats to transfer shares “at appropriate value’
Impala Platinum’s proposal to cede a majority shareholding in Zimplats under
Zimbabwe’s indigenisation laws has been accepted by that country’s
government.
Re-elected AMCU president Joseph Mathunjwa declares himself “good”, not “great”
JOSEPH Mathunjwa was re-elected president of the Association of Mineworkers & Construction Union (AMCU) at the weekend following the union's first elective conference, which...
Sibanye-Stillwater ekes out pretax profit despite bruising strike-torn Q1
SIBANYE-Stillwater had rand weakness against the dollar and an improvement in the basket of platinum group metal (PGM) prices to thank for helping it...
Northam working again
Northam Platinum has recommenced mining operations after reaching an
agreement to resolve an unprotected strike which has cost the miner R192m in
revenue.
Froneman stumps up R19m as follows rights in Stillwater deal
NEAL Froneman, CEO of Sibanye Gold, has subscribed for R19.4m shares in the company in terms of its $1bn rights issue, the proceeds of...
Lonmin shares plumb new depths
Lonmin shares have dropped another 20% to levels described as "ridiculous" but there's no indication yet that anyone is looking at bidding for the group.
Northam warns of disruption as counts cost of runaway inflation, community...
NORTHAM Platinum Holdings posted underwhelming numbers for the year ended June 30 owing to disappointing production from its Booysendal mine, above average cost inflation, and...