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Sibanye-Stillwater clears decks of debt after Q3 delivers record EBITDA on...

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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...

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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

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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

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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

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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...

Northam said to be considering buying outstanding shares in Zambezi Platinum

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NORTHAM Platinum was considering buying out the largest shareholders in its empowerment scheme held in Zambezi Platinum, including its chairman, Lazarus Zim, said Bloomberg...

Tharisa said to flourish as PGM price spike supports push to...

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THARISA, a company listed in London and Johannesburg, has gone under radar, according to a UK brokerage which thinks the South African firm’s exposure...

Lack of hierarchy behind production success of Zimbabwe’s platinum miners, says...

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ONE of the major contributors to the efficiency of the Zimbabwe platinum mines was the "... very different dynamic between employer and employee" on...

Northam Platinum’s credit upgraded on expectations of “robust” cash flow

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GLOBAL Credit Rating (GCR) upgraded Northam Platinum's long term credit rating owing to its "strengthened earnings profile" and expectations of "robust" free cash flow,...

Tharisa outperforms adjusted 2020 guidance, says rhodium exposure will help growth

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THARISA brought its 2020 financial year to a strong close, the constraints of the Covid-19 pandemic in the third and final quarters notwithstanding. Platinum group...