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Southern Palladium says resource update to support $408m project

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SOUTHERN Palladium, the Johannesburg-listed platinum group metals exploration firm, said it had completed drilling which would "provide a strong foundation" ahead of producing a...

PTM Waterberg find billed as ‘company-maker’

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Exploration target Waterberg in the northern reaches of the Bushveld Complex could be a company-maker for Toronto's Platinum Group Metals, said an analyst.

Bokoni Mines on knife-edge as R422m deal fails

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The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.

Implats pays handsome dividend despite production pressure, weaker PGM market outlook

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IMPALA Platinum (Implats) declared a final dividend of R10.50 taking the total dividend for its 2022 financial year to R15.75 equal to 48% of...

Northam gets R1bn credit facility

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Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.

Zimplats tipped to launch objection to “idle ground” seizure

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ZIMBABWE will move ahead with plans to seize control of "idle" mining ground, a move that has affected Zimplats which has until 13 February...

Mugabe critical of indigenisation deals

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Robert Mugabe, Zimbabwe's president, did not believe his government should pay for the shares in Zimplats and Mimosa and criticised the indigenisation transactions.

Tharisa adjusts lower end of production guidance

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THARISA adjusted its platinum group metal (PGM) and chrome production guidance for the year ended September,pushing down the lower end of its forecast by...

JV with Implats among Sibanye’s platinum options

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POOL and share agreements, joint ventures, or sales of mineral resources between adjacent mineral right holders were among the mechanisms through which Sibanye Gold...

Implats Q1 output plunges

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Impala Platinum says first-quarter gross platinum production has declined by 12% to 388,000 ounces, due to operational issues and safety-related stoppages.