Northam Platinum buys R1.3bn shares in Zambezi from PIC taking stake...
NORTHAM Platinum has bought R1.3bn in Zambezi Platinum preference shares from the Public Investment Corporation (PIC), the South African government asset manager.
In addition to...
Amplats upgrades refined PGM output to 2.7m oz after early ramp...
ANGLO American Platinum (Amplats) today upgraded its refined platinum group metal (PGM) production for 2020 to between 2.6 million to 2.7 million ounces after...
Implats to buy back up to half of R3.25bn convertible bond...
IMPALA Platinum, South Africa’s third-largest source of platinum group metals (PGMs), will buy back up to half of a R3.25bn convertible bond maturing in...
Platinum resurgent as Chinese consumers choose it over expensive gold jewellery
THE surge in the price of platinum - which posted its biggest monthly gain in November since 2008 - has been put down to renewed...
PTM tops up HCI stake in Waterberg after $12m at the...
PLATINUM Group Metals (PTM) today announced the issue of about 1.12 million shares worth $2.5m to Hosken Consolidated Investments, the Johannesburg-listed industrial firm.
The purchase...
Tharisa to progress PGM mine ambitions in Zimbabwe starting with Q1...
THARISA has switched its attention from surviving the Covid-19 pandemic to increasing its exposure to platinum group metals (PGM) in the 2021 financial year.
This...
Buoyant PGMs help resurgent Tharisa lift payout ratio, but firm warns...
A 58% increase in average platinum group metal (PGM) prices helped Tharisa to one of its best ever financial years despite the impact of...
Dividend-paying Sibanye-Stillwater a totem of risk and reward enticing new investment...
THE rehabilitation of the mining sector has been remarkable since 2017 when it racked up a fifteenth straight year of under-performance.
It’s a recovery from over-spend...
Northam Platinum shores up balance sheet with R1.33bn domestic notes issue
NORTHAM Platinum bolstered its heavily worked balance sheet today which it has put towards building a 70% stake in Zambezi Platinum, its empowerment vehicle.
The...
Basket case Zimbabwe still prospective whilst global economy pressures PGM supply
ZIMBABWE is proving an interesting place in the world of mining. Economically, it’s a 'basket-case', but miner optimism tends to be driven more by...