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Northam Platinum extends Zambezi Platinum stake to 70%, buying R3.5bn shares

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NORTHAM Platinum extended its stake in Zambezi Platinum to 70% from 46.7% after confirming today the purchase of R3.5bn preference shares in the company. The...

Northam said to be considering buying outstanding shares in Zambezi Platinum

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NORTHAM Platinum was considering buying out the largest shareholders in its empowerment scheme held in Zambezi Platinum, including its chairman, Lazarus Zim, said Bloomberg...

Tharisa said to flourish as PGM price spike supports push to...

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THARISA, a company listed in London and Johannesburg, has gone under radar, according to a UK brokerage which thinks the South African firm’s exposure...

Lack of hierarchy behind production success of Zimbabwe’s platinum miners, says...

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ONE of the major contributors to the efficiency of the Zimbabwe platinum mines was the "... very different dynamic between employer and employee" on...

Northam Platinum’s credit upgraded on expectations of “robust” cash flow

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GLOBAL Credit Rating (GCR) upgraded Northam Platinum's long term credit rating owing to its "strengthened earnings profile" and expectations of "robust" free cash flow,...

Tharisa outperforms adjusted 2020 guidance, says rhodium exposure will help growth

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THARISA brought its 2020 financial year to a strong close, the constraints of the Covid-19 pandemic in the third and final quarters notwithstanding. Platinum group...

Implats approached over taking a stake in Zimbabwe’s Great Dyke Investments

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IMPALA Platinum (Implats) may be in line to buy a stake in the platinum project being developed by Great Dyke Investments (GDI), according to...

Froneman won’t “speculate with shareholders’ money” despite “spectacular” PGM project

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SIBANYE-Stillwater CEO, Neal Froneman, said he could not "speculate with shareholder money" by approving a new platinum group metal (PGM) expansion without a fundamental...

Wesizwe Platinum halves 2020 production target for Bakubung mine long in...

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WESIZWE Platinum would produce half of forecast platinum group metals (PGMs) production in its 2020 financial year, said BusinessLive citing the company's interim results...

Platinum’s day is coming again as PGM sector stares into unprecedented...

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A REBRAND in recent years of platinum companies into platinum group metals (PGMs) producers was to acknowledge the increasing role played by palladium, and...