Gold strike and retrenchment costs of R761m to weigh on Sibanye-Stillwater...
A SIX month strike at the gold mines of Sibanye-Stillwater will weigh heavily on interim share earnings, the company said today which also booked...
HCI takes stake in PTM to 30.2% following $12.7m investment as...
SOUTH Africa's Hosken Consolidation Investments (HCI) said it had increased its stake in Toronto-listed Platinum Group Metals (PTM) to 30.2% from 22.6% after taking...
Northam’s Dunne sticks to capital growth argument amid spate of cash...
NORTHAM Platinum shares barely budged on the Johannesburg Stock Exchange on Friday despite the company delivering record revenues and profits accompanied by a hugely...
Automotive demand to keep palladium in structural deficit this year, says...
GROWING demand for the automotive sector was likely to keep palladium in a structural deficit this year, said Reuters citing the comments of Norilsk...
PTM financial engineering may suggest Implats keen on building Waterberg project
PLATINUM Group Metals (PTM) last week unveiled a new major recapitalisation programme in which it will raise capital through new share issues, including one...
Implats to post turnaround in headline earnings on price and boost...
IMPALA Platinum (Implats) benefited from strong platinum group metal (PGM) pricing and significant increases in platinum and palladium sales in its 2019 financial year.
Commenting...
Risk of platinum wage strike raised as AMCU’s Mathunjwa renews Sibanye-Stillwater...
THE Association of Mineworkers & Construction Union (AMCU) president, Joseph Mathunjwa, waded into familiar territory today, raising the prospect of strike action in South Africa’s...
Northam Platinum well set to make year-end free cash flow numbers...
NORTHAM Platinum is to report record platinum group metal (PGM) production from own operations of 519,954 ounces for the year to end-June whilst sales...
Gold production returns to Sibanye-Stillwater in stronger, but “noisy” half-year numbers
THE South African gold assets of Sibanye-Stillwater are set to make a welcome return contribution to the group's bottom line in the six months...
Northam buys back R403m in Zambezi Platinum prefs as cash floods...
FURTHER evidence that South Africa's platinum group metals (PGMs) sector was enjoying the benefits of positive cash flow was demonstrated by Northam Platinum which...