Govt. must heed lesson of Implats restructure as Charter talks toil
AFTER years resisting restructuring its cash-hungry Rustenburg shafts, Impala Platinum (Implats), under the guidance of CEO, Nico Muller, has resolved there's no time like...
Merafe delivers record payout as stainless steel demand grows
AS anticipated by some analysts ferrochrome producer, Merafe Resources, has declared a record interim dividend for the six months to end-June totalling R200m (2017:...
RBPlat to cap frenetic 2018 with R11.6bn Styldrift commissioning
ROYAL Bafokeng Platinum (RBPlat) was confident it would hit the straps with its R11.6bn Styldrift i expansion when it reached commercial production in the...
PGMs home and abroad weigh in for Sibanye-Stillwater
HIGHER rand prices for platinum group metals (PGMs) and a full six months of production from the US PGM operations will help Sibanye-Stillwater to...
Sawiris looms large as La Mancha lines up new ‘game-changer’
EGYPTIAN tycoon, Naguib Sawiris, loomed large in the African gold sector this week. Endeavour Mining, a company in which he has a 30% stake, put...
Merafe may approve a special dividend despite softer market
NOT too long ago, Merafe Resources was a debt-laden minnow amid heavily depressed market conditions owing to the pull-back in demand for stainless steel,...
DMR lays into ‘mindless’ Implats as row erupts over 13,000 jobs...
THE South African government has accused Impala Platinum (Implats) of "... a mindless commitment" to a "pre-determined outcome" after the firm today unveiled plans to...
AngloGold set fair for strong 2018 showing as output trends up
ANGLOGOLD Ashanti is set fair for a strong production year in 2018 having racked up between 1.6 million to 1.75 million ounces in output...
Implats to cut platinum output 30% in radical Rustenburg restructure
IMPALA Platinum (Implats) has lifted the curtain on the much-anticipated restructuring of its Rustenburg (Lease Area) operations, the outcome of which is a 230,000...
Sawiris’ La Mancha to pump $125.7m to fasttrack Golden Star growth
GOLDEN Star Resources today unveiled a potentially transformative transaction that sees Egyptian entrepreneur Naguib Sawiris' newly created La Mancha investment vehicle inject $125.7m into...