Atlatsa lifts output 19%, benefits from rand
Atlatsa overcame safety related work stoppages and heavy rain in the first quarter to lift production which, coupled with the weaker rand, saw its cash margin increase.
AMCU petition to be ‘strongly opposed’
South Africa's platinum producers said they would strongly oppose a petition launched by AMCU that they desist from communicating with the union's members.
Producers call on AMCU to guarantee safety
South Africa's platinum producers called on AMCU to guarantee the safety of its members who wanted to end the union's 16-week long strike.
Lonmin restart to pressure platinum price
Plans by Lonmin to restart its processing facilities would almost certainly apply new price pressure on the platinum price, analysts said.
Amplats details executive share plan as talks fail
In an unfortunate case of timing, Amplats details millions of rands in share incentives to directors that underpins the gulf between worker and executive classes.
Story of two capital raising efforts
RAISING money for platinum mining in the current market can be something of a hazardous business; or is it? Well, the answer is that it just depends.
Strike will hit platinum price in May
THE strike at the platinum mines, now in its thirteenth week, will cause the price of the metal to start recovering soon.
Strike removes up to 2,5m ounces from market
The strike will normalise the platinum market for at least five years, says Impala Platinum marketing head Derek Engelbrecht.
‘Normal’ platinum output unlikely before July
PLATINUM miners have started communicating a settlement wage offer directly to
employees after negotiations failed,
Labour, uncertainty kills Platfields deal
LONG-RUNNING talks between platinum exploration company Platfields and an international funder have ended, raising the possibility that a rights issue may be required to ensure the future sustainability of the company.