SA platinum miners unfazed by latest supply/demand jolt
THE view of Royal Bafokeng Platinum (RBPlat) CEO, Steve Phiri, is that primary platinum supply from South Africa will continue to decline – by...
Lonmin rights offer a folly, say analysts
In the absence of its ambitious platinum price forecast materialising, Lonmin's $400m rights offer may just lead to further, more serious, turmoil in the future.
Implats opens production year in good form, saying pricing “robust” for...
IMPALA Platinum (Implats) kicked off its 2021 financial year in good form saying the impact of Covid-19 related interruptions had been "minimal" in the...
Tharisa seeks through the cycle profits, eyes payout lift
THARISA, a company that mines for chrome and platinum, was one of the best performing mining shares on the JSE last year largely owing...
Lonmin’s favourable deal on Messina
Lonmin has struck a favourable deal over its mothballed Messina platinum mine, according to JP Morgan Cazenove, but only if Shanduka delivers the goods operationally.
Mvela soars after Khumama victory
Shares in Mvela Resources have jumped more than 6% after the miner won a case against former shareholder Khumama Platinum.
Sibanye-Stillwater says US to grant R4.8bn in metals subsidies
SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its US platinum group metal...
Implats to post 3% lower metal output in 2025 FY
IMPALA Platinum (Implats) forecast a reduction in platinum group metal output for its 2025 financial year with output falling 3% to 3.55 million ounces...
Implats battered by stoppages, promotes RDOs
The platinum producer also confirmed that rival union Amcu had requested
organisational rights amid verification the NUM had lost 10,813 members.
Decade long platinum slide will help us: Dunne
Paul Dunne, CEO of Northam Platinum, said massive under-investment in South Africa's primary production would underpin a price recovery by 2020.