Implats share dive ominous for world’s No.2 platinum producer
IMPALA Platinum (Implats) fell to its lowest value since 1999, reported Bloomberg News which cited analysts' fears that the company would announce a profit...
PTM to miss mid-2015 platinum sale target
The good news is that Platinum Group Metals has been thrown a lifeline by a syndicate of banks that will attempt to raise $195m for the WBJV Project 1.
Anglo asks Zimbabwe High Court to rule on $24m mineral royalties...
ANGLO American's platinum operation in Zimbabwe has asked the High Court to intervene after the country's tax authority sought $24m in royalties it alleges...
Amplats seals three-year, 7% wage deal with AMCU
THE danger of a strike in South Africa's platinum sector all but diminished after Anglo American Platinum (Amplats) signed a new, three-year wage agreement...
Implats says 5,000 workers on strike
Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.
JP Morgan warns over slumping platinum output
JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.
ARM says in talks to buy Amplats’ Bokoni as PGM sector...
IN the latest consolidation move for the South African platinum industry, African Rainbow Minerals (ARM) has announced it is in discussions over the potential...
Zim smelter hard to justify at PGM prices
Aquarius Platinum has not provisioned for investment in a PGM smelter in Zimbabwe which may put it on a collision course with the Southern African country.
Amplats ‘serious’ over punitive measures
Anglo American Platinum will go where others are fearing to tread should it carry out
its threat of dismissing workers who continue to disregard a return-to-work
ultimatum.
Implats in fresh strike alert after new demand
The platinum miner confirms it is negotiating with labour representatives that are
"Amcu-aligned’ as the threat of fresh industrial unrest hits its key Rustenburg mine.