Wesizwe, PTM close critical deal
Wesizwe and Platinum Group Metals have cleared the final hurdle that will allow them now to finalise deals to finance their platinum mines, which may include bringing in strategic partners.
Angloplat maintains target, sees market deficit
Anglo Platinum maintains its full-year production target of 2.5 million oz despite a quarter-on-quarter fall in output. It expects the platinum market to show a deficit this year on the back of strong demand.
GFMS sees firm platinum price
Gold Fields Mineral Services (GFMS) predicts continued strength in both platinum and palladium prices this year driven by investment demand and economic recovery.
Platinum surges to two-year high
Platinum surges to a two-year- high on strong auto demand and investor interest.
Hulamin announces Fourie’s successor
Hulamin, an independent producer of semi-finished and fabricated aluminium products, has announced the appointment of Richard Jacob as CEO with effect from July 2010.
Metorex raises $120m in clawback offer
Mid-tier mining company Metorex says that its clawback offer has been oversubscribed. A total of 822.96 million - or 329% - shares were subscribed for.
Community faction confronts Wesizwe
A small group of disgruntled community members march on Wesizwe. Questions are asked if this is merely a desperate diversion tactic in light of a court bid to reveal the whereabouts of some R500m.
Kumba starts arbitration process in price war
Kumba Iron Ore starts the arbitration process against ArcelorMittal in a dispute over the supply of cheap ore to South Africa's largest steelmaker, who has bumped up prices significantly since the battle started.
Platmin bolsters its war chest by $250m
Platmin bolsters its war chest with $250m as its consolidation plans take shape in the South African platinum sector.
Battle heats up for platinum assets
The acrimonious fight for control of platinum riches belonging to a North West tribe, the Bakubung-Ba-Ratheo, which is the empowerment partner of Wesziwe, is deepening.