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SA platinum miners unfazed by latest supply/demand jolt

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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

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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...

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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

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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

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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

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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

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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

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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

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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

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Paul Dunne, CEO of Northam Platinum, said massive under-investment in South Africa's primary production would underpin a price recovery by 2020.