ARM lifts veil on how it aims to make money from...
AFRICAN Rainbow Minerals (ARM) explained today how it intended to turn a profit from its newly acquired Bokoni Platinum Mines where previous owners have...
Impala to miss output target
Impala Platinum expects to produce 1.82 million ounces of platinum in its financial year that ends in June, down slightly from an original target of 1.85 million.
‘Devastating’ loss sends Implats into safety revamp
A fire that cost the lives of four miners is part of a deterioration in safety standards described as "devastating" and which also cost 50,000 oz in production.
Northam loses R250m so far due to strike
Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.
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...
Wesizwe Pt probe was ‘limited’
Deloitte Consulting and Deneys Reitz were restrained from corroborating Wesizwe Platinum CEO Mike Solomon's statements with third parties, according to a report compiled by the auditor and lawyer.
Lonmin’s gossamer-like link with solvency for all to see
THE gossamer-like nature of Lonmin's connection with solvency was made plain again today after the platinum group metals (PGMs) company confirmed that its restructuring plans...
AngloPlat considers raising output
Anglo Platinum CEO Neville Nicolau says the group may increase production by up to 200,000oz of platinum this year in response to improving market conditions.
Aquarius shares recover after DMR meeting
Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.
Implats “quietly confident” of resolving stay-away at shafts
IMPALA Platinum (Implats) said on Tuesday it was "quietly optimistic" about 2,000 workers who had staged a stayaway since the beginning of the year...