Amplats “driving without a spare” following closure of refining capacity for...
ANGLO American Platinum’s (Amplats’) decision to pre-emptively shut its only operating refining unit in Rustenburg would leave the company "driving without a spare" well...
Amplats to suffer R6bn hit to EBITDA as shuts processing facility...
ANGLO American Platinum’s (Amplats’) technical woes at its processing units piled up after the company said it was shutting its Anglo Converter Plant Phase...
S&P upgrades Sibanye-Stillwater credit on expectation of “materially higher cash flow”
RATINGS agency, S&P Global, upgraded the credit rating of Sibanye-Stillwater owing to its expectation of "materially higher cash flow". This would be driven by...
Northam Platinum in discussions to “accelerate” maturity of Zambezi BEE transaction
NORTHAM Platinum was in discussions to "accelerate" by around four years the maturity of an empowerment transaction it signed in 2015 with Zambezi Platinum.
The...
Implats opens production year in good form, saying pricing “robust” for...
IMPALA Platinum (Implats) kicked off its 2021 financial year in good form saying the impact of Covid-19 related interruptions had been "minimal" in the...
Sibanye-Stillwater clears decks of debt after Q3 delivers record EBITDA on...
SIBANYE-Stillwater brought the curtain down on a mammoth $2.7bn (R44bn) debt reduction programme saying in a third quarter update today - in which record...
Sylvania posts leap in net profit for first quarter as PGM...
SYLVANIA Resources said its operations had been largely restored following Covid-19 lockdowns in South Africa.
The company reported first quarter production of 17,972 platinum group...
Sibanye-Stillwater signs new, three-year wage deal for Kroondal with AMCU, NUM
SIBANYE-Stillwater said it had signed a three-year wage deal agreement with unions for its Kroondal platinum mine covering the period July to end-June 2023.
The...
RBPlat upgrades year-end PGM production target after record Q3 showing
ROYAL Bafokeng Platinum (RBPlat) said it would produce more platinum group metals (PGMs) this year than previously guided following a record numbers in the...
Northam Platinum extends Zambezi Platinum stake to 70%, buying R3.5bn shares
NORTHAM Platinum extended its stake in Zambezi Platinum to 70% from 46.7% after confirming today the purchase of R3.5bn preference shares in the company.
The...