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Wesizwe Platinum seeks unlawful declaration of $70m Maseve deal

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AFRICA Wide Mineral & Prospecting Company (Africa Wide), a subsidiary company of Johannesburg-listed Wesizwe Platinum, has taken the unusual step of serving papers on...

Implats to project finance Waterberg JV if it takes up 2.4bn...

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IMPALA Platinum (Implats) would first finance the Waterberg Joint Venture project with debt before asking shareholders in the venture to follow their rights. In October...

SA Govt interest in Implats shafts “suggested” in restructure talks

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IMPALA Platinum (Implats) said it had discussed the possibility that the South African government could participate in the purchase of shafts identified for closure...

Tax smacks Zimplats profit, but continues to study growth options

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A MASSIVE increase in tax payments weighed on Zimplats' profits, a business unit of Johannesburg-listed Impala Platinum (Implats), however, the firm's CEO, Alex Mhembere, said...

Pouroulis & Son plan next move as Zimbabwe opens doors again

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Platinum group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has...

How imports and exports will impact platinum until 2023

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In this long-dated review, I focus on how the relationship between platinum imports and exports impact above-ground stocks and the platinum price. The industry...

Northam may buy Zambezi shares as looks to shareholder returns

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NORTHAM Platinum will consider the purchase of preference shares held in its empowerment partner Zambezi Platinum as a means of returning value to shareholders...

Frustration as platinum locked in discounted price pattern to gold

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THE downbeat sentiment towards platinum that has kept it trading at a correlated discount to gold was "frustrating", but increasingly influential investors would begin...

Gwede Mantashe backs the introduction of a Mandela platinum coin

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The platinum producers finally appear to be making headway with the SA government on the introduction of a platinum coin judging from recent comments...

Northam’s Dunne undaunted by ‘surprising’ platinum price

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Platinum prices, which continue to languish near decade lows, have done little to dampen the confidence of Northam Platinum CEO Paul Dunne, who is...