ARTICLES RELATING TO AMPLATS

Amplats sees profit drop of up to 70%

2016-07-12 09:50

Anglo American Platinum says its first-half profit probably fell by 50% to 70% after inventory gains weren’t repeated and the dollar price of commodities declined.

Amplats expects 85% fewer job losses

2016-06-01 15:30

Anglo American Platinum has reduced the number of job cuts tied to restructuring at two South African operations by 85%.

No wage increase for Anglo Platinum workers in Zim

2016-05-20 19:14

Anglo Platinum has not offered its employees in Zimbabwe a pay hike this year despite the mining chamber and mine workers unions agreeing to a 1.5% wage increase.

Implats CEO to step down in December

2016-05-18 18:40

Impala Platinum boss Terence Goodlace will step down in December this year after six years at the helm, the company announced, without immediately naming a successor.

Sibanye maintains production forecast, lifts output

2016-04-25 11:06

Sibanye Gold has maintained its full-year forecasts after output rose and costs declined in the first quarter when compared with the same period in 2015.

Amplats agrees to $36m sale of Australian coal mine

2015-12-24 16:30

Anglo American has agreed to sell its Dartbrook coal mine in Australia for about $36m as the company sheds assets as part of a drastic downsizing.

New plant generates 4.3 MW from 'waste heat'

2015-09-28 20:30

A first of its kind thermal harvesting plant with a capacity of 4.3 MW has been launched in Rustenburg.

Gold’s Mr Fixit starts second act with Amplats discards

2015-09-10 07:33

Crippling labour strikes, geriatric mines and precious metals prices scraping along at their lowest levels in half a decade don’t faze Sibanye Gold CEO Neal Froneman.

Amplats, Sibanye to make asset-sale announcement

2015-09-08 12:36

Anglo American Platinum and Sibanye Gold will make an announcement on the sale of assets by the world’s biggest platinum producer.

Amplats to build Zim plant to avoid tax

2015-07-20 14:14

Anglo American Platinum says it plans to build a "secondhand" smelter in Zimbabwe to avoid paying a 15% tax on exports of unprocessed minerals.

 

Amplats sees profit falling on platinum drop, tax adjustment

2016-06-21 11:44

Anglo American Platinum has said first-half profit will probably be at least 20% lower after a tax gain boosted earnings in the previous year.

Amplats bid to buy peace around prized mine may backfire

2016-05-27 06:55

Anglo American Platinum's bid to appease a community near its most profitable South African mine may unravel, highlighting the challenges of managing social unrest.

Zim mining execs in cat and mouse game with govt

2016-05-20 16:48

Zimbabwe mining bosses and state officials deliberate over fiscal, industry, and macro issues inside the Elephant Hills Resort in Victoria Falls while birds chirp and chirrup outside, helicopters hover above and some warthogs roam the sprawling lawn in front of the hotel.

Amcu looking for 'living wage' from mine bosses

2016-05-16 16:01

Amcu is on course to begin meetings to decide on pay demands for platinum companies with the existing two-year wage deal expiring soon.

Amplats sees R12bn loss on write-offs

2016-01-25 10:09

Anglo American Platinum will report a bigger-than-expected loss after reporting impairments and write-offs amounting to R14bn.

Anglo American delays big platinum moves

2015-10-22 11:30

Anglo American has postponed all major project capital decisions for platinum until 2017, the mining group has said in its third quarter production report.

Atlatsa to shut two shafts, job cuts loom

2015-09-16 17:58

Platinum producer Atlatsa says it aims to close two high-cost shafts at its Bokoni mine in Limpopo and has started talks with unions about potential retrenchments.

Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-09-09 09:44

Anglo American Platinum has sold Rustenburg Platinum Mines to Sibanye Gold for R4.5bn.

Jobs ‘bloodbath’ hits SA, mining companies cut costs

2015-07-28 17:30

In the past two months, at least seven listed mining companies announced plans to cut as many as 10 000 jobs in Africa’s most-industrialised economy.

Amplats profit rises as mine-disposal options probed

2015-07-20 09:45

Anglo American Platinum (Amplats) says it’s still studying whether to separately list or sell four aging South African mines it’s seeking to dispose of.

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