Strike takes worrying slide into violence
One employee, believed to be an AMCU shop steward, died while another was injured as a strike at Amplats took a worrying turn for the worse.
Platinum firms, AMCU weigh 16% wage offer
Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.
Sibanye-Stillwater writes off “billions” as draws line under 18-year old Lonmin...
SIBANYE-Stillwater has drawn a line under an 18-year old black empowerment deal which it has restructured writing off billions of rands in the process.
In...
For many in the US, battery electric vehicles don’t add up
THERE is not a single charging station for electric vehicles (EVs) in Wyoming, a predominately rural state in the mountainous west of the US...
Sibanye-Stillwater says SA ‘overhead’ cuts on radar
SIBANYE-Stillwater CEO Neal Froneman raised the prospect of further restructuring of the firm's South African division which produces gold and platinum group metals (PGMs).
"At...
Amplats to seek support for PGM downstream investment at industry’s August...
ANGLO American Platinum (Amplats) CEO, Chris Griffith, hopes a meeting next month of the South African industry's primary platinum group metal (PGM) producers will...
Structurally inflexible, the PGM sector can only watch and wait
ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM)...
A rock and a hard place for Amplats’ Griffith
Chris Griffith is clearly under pressure from the South African government to help diminish AMCU whilst his own company has little interest in subsidising the mines of Rustenburg.
No end to Wesizwe Platinum’s Bakubung problems
A MINE can take at least a decade to build. One rule of thumb is that a mineral deposit discovered during the exuberance of...
Angloplat rights offer fully subscribed
Anglo Platinum, the world's largest platinum producer, says 99.5% of its rights offer shares had been subscribed for under its R12.5bn rights offer.