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...
Smokey Hills back in production
Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.
Northam gives mind to reopening Eland as rhodium soars
NORTHAM Platinum said it was "well advanced" in developing its mine plan for Eland Platinum, the purchase of which from Glencore was made unconditional...
Lonmin to fight Keysha, exposure ‘minimal’
Lonmin is back in full control of its operations but unfinished business includes the dispute with Keysha Investments and what to do about former director Sivi Gounden.
Sibanye-Stillwater signs 6% wage deal with unions at Kroondal PGM
SIBANYE-Stillwater today announced a five-year wage deal with unions at its Kroondal PGM (platinum group metal) operations in South Africa with entry level employees...
Lonmin loses R40m in revenue after seven-day Bapo protest
LONMIN had lost about R40m in revenue following week-long community disruptions at its Marikana operation in which damage to property and intimidation of employees...
Palladium supply deficit will see vaulted stocks exhausted in as little...
IN this review, I argue that the quantum of vaulted above-ground palladium stocks will continue to be a drawn upon to supply the market...
Lonmin wins support for $800m rights offer
Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.
Sibanye-Stillwater buys up to 3% of own shares for R5bn
SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today.
This was in terms...
Lonmin wary of safety, labour stoppages
UPDATED - Lonmin said Q3 mining had been hampered by safety stoppages, but added it remained confident of meeting its 660,000 ounce full-year sales forecast.