How Lonmin plans to ensure sustainability

2017-08-11 20:49

Lonmin has announced that it is taking further action to ensure a sustainable business in what it calls a continuing adverse macroeconomic environment.

Amplats shares fall on R1.3bn loss

2017-07-24 12:11

Anglo American Platinum shares have fallen nearly 3% as the miner reported a loss of R1.3bn for the six months to end-June 2016, with no dividend declared.

Lonmin mining performance improves in third quarter

2017-07-17 10:03

Platinum producer Lonmin says it has sustained its mining performance improvement since March 2017 into the third quarter of 2017.

Platinum mines under fire

2017-05-14 06:15

With an industry already on its knees, community protesters are now causing major disruptions to platinum production.

Impala could cut more than 1 000 jobs at SA Mine

2017-04-26 08:19

Impala Platinum says protests at its Marula mine and low metal prices has led the world’s second-largest producer of the metal to start a reorganisation process.

Amplats to sell stake in Union Mine, MASA Chrome

2017-02-15 13:21

Amplats has agreed to sell its 85% interest in the Union Mine in SA and 50.1% interest in MASA Chrome Company to a subsidiary of Siyanda Resources.

UPDATED: Zimplats objects to Mugabe's planned land claim take-over

2017-01-31 11:54

Impala Platinum’s Zimbabwe unit has two weeks to launch an objection to President Robert Mugabe’s intentions to take over about 28 000 hectares of land claims.

Sibanye dips 20% on platinum deal

2016-12-11 06:14

Sibanye Gold’s shares have dropped nearly 20% as investors fretted that the company was paying too much for a US platinum and palladium producer.

SA platinum production plummets 12%

2016-12-08 12:32

Mining production fell by 2.9% in the past year, mainly owing to a drop in platinum metals production, according to Statistics South Africa.

SA to exhaust gold reserves in 38 years

2016-11-20 12:45

Gold production has come down more than 50% in a decade.


Zimplats forges ahead with mine development

2017-08-02 10:13

Zimplats, Impala Platinum’s unit in Zimbabwe, has announced that revenue for the quarter to end-June 2017 increased by 9% to $143.59m as it forges ahead with mine development.

Amplats Zim unit costs decline as output rises

2017-07-24 10:41

Production from Anglo American Platinum’s Unki mine in Zimbabwe for the six months to end-June 2017 has gone up by 5% on the back of improving grades, while cash costs have declined.

Shorts pile into cash-strapped Lonmin as platinum flounders

2017-06-27 08:37

The last time there was so much short-selling on Lonmin, the platinum miner was weeks away from a life-saving rights issue.

Platinum production continues to ride wave - data

2017-05-11 13:00

Platinum is the highest contributor to overall mining production for the second consecutive month, following its slump.

Amplats gets leaner and meaner

2017-02-19 06:02

Anglo American Platinum has consummated the last major transaction on its way to becoming a far smaller, but more profitable company.

Strong metal price growth seen, but SA poses risk to platinum

2017-02-05 19:33

The price of metals is projected to increase by 11% in 2017 due to tightening markets, especially those facing imminent resource constraints, a World Bank report says.

Amplats Zim unit raises output as platinum price projected to rise

2017-01-27 12:47

Zimbabwean mine Unki, owned by Anglo American Platinum, has announced a 7% increase in 2016 fourth-quarter production to 19 900 ounces.

Sibanye to buy highest-grade platinum deposit for $2.2bn

2016-12-09 11:21

Sibanye Gold has agreed to pay more than its market value for Stillwater Mining in a $2.2bn deal that would see the SA miner take charge of the highest-grade deposit of platinum-group metals.

Implats gives go-ahead for new mine in Zim

2016-11-30 11:14

Impala Platinum's board has approved a new mine in Zimbabwe, despite facing uncertainty and threats from the government’s land grab bid and higher power tariffs.

Platinum sees resurgence in SA

2016-11-11 13:39

Anglo Platinum has decreased its debts while signing a wage deal that will guard against damaging strikes. Other miners in the space are also poised to ramp up production.

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