Amplats agrees five year wage deal with AMCU
ANGLO American Platinum (Amplats) has agreed a new five-year wage deal, said Bloomberg News citing the Association of Mineworkers & Construction Union (AMCU).
The deal...
Tharisa to post decline in interim earnings
CHROME and platinum group metals (PGM) miner Tharisa expects a drop in headline earnings for the first half of its 2022 year, despite benefiting...
All eyes on Northam as Friday spells day when it can...
ALL eyes on Northam Platinum on Friday (May 20) which is the date when it is no longer required to make a mandatory offer...
Southern Palladium raises A$19m in over-subscribed IPO ahead of JSE secondary...
SOUTHERN Palladium, a platinum group metal (PGM) exploration company, raised A$19m (R212m) in an initial public offering which it will put towards its Bengwenyama...
SA platinum production to fall below pre-Covid-19 levels in 2022 as...
THE platinum group metals (PGM) industry was facing the "stark reality" South African production would be lower this year than before the outbreak of...
Sibanye-Stillwater hoists first tons from R3.9bn Marikana K4 project
SIBANYE-Stillwater said it had hoisted the first tons of platinum group metals (PGM) ore at Marikana K4, a project developed by Lonmin before it...
PTM’s Japanese shareholder throws weight behind Waterberg Project
PLATINUM Group Metal (PTM) said it had received support from its Japanese partner JOGMEC to progress the Waterberg Project, a palladium-rich prospect in South...
Weaker PGM basket takes Sibanye-Stillwater lower for first quarter blighted by...
A DECLINE in the average platinum group metal (PGM) basket price resulted in lower adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for...
Wesizwe announces new CEO owing to “operational requirements:
WESIZWE Platinum said that owing to "operational requirements" its CEO Zhimin Li has stepped down from his position, effective Wednesday. Li has been replaced...
AMCU to demand 40% wage hike of PGM miners following year...
UNIONS representing platinum group metal (PGM) miners are set to ask for wage increases of up to 40%, according to a report by Daily...