Tharisa bullish as PGM, chrome supplies tighten
Tightening supply of chrome ore and platinum group metals would help lift Tharisa's second half assisted by the firm's optimisation drive.
RBPlat upbeat on wage deal with NUM
As one round of wage negotiations ends, another begins with Royal Bafokeng Platinum saying it was in positive ahead of wage talks with the National Union of Mineworkers.
Wage deal “imminent”: Mathunjwa
However some key issues remain unresolved including the length of the proposed wage deal said AMCU president, Joseph Mathunjwa.
AMCU to take increased wage offer to members
AMCU has agreed to take an increased offer by platinum producers to members today in a development that Impala Platinum said had left it "quietly optimistic".
Gold Fields takes $26m stake in Hummingbird
Ian Cockerill, chairman of Hummingbird Resources, is to take Gold Fields on as a 26% shareholder following a deal to buy the gold major's Yanfolila gold project.
Wage deal in the mix as AMCU mulls response
Reports say AMCU members are mixed on whether to accept or reject a platinum wage deal leaving a strike resolution frustratingly elusive.
Platinum firms dangle R1,000/m basic pay lift
Implats has offered a R1,000 per month pay increase taking the basic pay lift over five years to 18% but keeping other benefits in line with inflation.
Petmin to pay special dividend on NAIC exit
Petmin is to unbundle shares worth 50c per unit in terms of earlier laid plans to extract itself from a 40% stake in pig iron prospect North Atlantic Iron Corp.
Mwana to pump $26.5m into Bindura restart
UK-listed Zimbabwean mining firm Mwana Africa is to spend $26.5m restarting its Bindura Nickel facility of which half would be debt-financed.
Housing subsidy key to ending strike: Govt.
South African mines minister, Ngoako Ramatlhodi, said wage talks had progressed with the sides sticking on two basic points of which one was housing subsidies.