Northam adds R1bn to debt facilities as prepares ground for operational...
NORTHAM Platinum increased its available bank funding facilities by R1bn to R5bn to ensure its balance sheet was prepared for an increase in "scope...
David Brown to step down from executive post at Zimbabwe’s Kuvimba...
DAVID Brown could step down from Kuvimba Mining House, said Bloomberg News, a development that would deliver a blow to a firm the Zimbabwean...
SA platinum shares are undervalued, says asset manager. Here’s why
ASSET manager, Ninety One struck a positive note for JSE-listed platinum group metal (PGM) stocks in a recent report, saying they were under-bought on...
A smelting and refining agreement is a critical piece of PTM’s...
PLATINUM Group Metals (PTM) CEO, Mike Jones, doesn’t lack for optimism. You don’t get to build companies or mines in the way he has...
Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman
SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...
PTM says “line of sight” over $400m funding will secure SA’s...
PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...
Implats to redeem convertible bond issued at PGM firm’s valuation ebb
IMPALA Platinum (Implats) has offered to redeem outstanding convertible bonds in terms of its R3.25bn issuance which has a 2022 maturity date.
"The group’s strong...
Jubilee Metals takes PGM tailings acquisition to 1.2 billion tons
JUBILEE Metals took its acquisition of platinum group metal- (PGM-) bearing tailings to about 1.2 billion tons today after announcing a second transaction totalling...
Pan African wins 30-year renewal of Barberton Gold Mines mining licence...
THE South African government renewed mining rights for Pan African Gold's Barberton Gold Mines for a 30 year period, the company announced today.
Pan African...
Value of metals in battery technology is being repriced. That’s what...
THE scale of under-investment in new reserves would support the increase in the price of metals such as palladium which is more than $2,000...