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.

SA platinum producers dodge strike bullet

2016-11-01 15:24

The world’s three biggest platinum producers all reached three-year wage deals with the Association of Mineworkers and Construction Union without losing one day to a strike.

Do not underestimate SA platinum - expert

2016-09-14 18:05

Do not underestimate the potential of South Africa's platinum industry, says an investment analyst at Allan Gray.

Storm could be over for Zimplats

2016-08-31 16:33

The storm could be over for Impala Platinum’s unit in Zimbabwe as Zimplats reports a massive swing back to profit following a $74.3m loss in 2015.

Eastern Platinum makes deal with minority shareholders

2016-08-12 13:26

Eastern Platinum has reached agreement with certain holders of minority interests to buy their interests in all the company's projects.

Zim platinum output up 43% in first quarter

2016-07-13 09:07

Zimbabwean platinum miners have ignored policy uncertainties in the country and continued to ramp up production, according to the Reserve Bank of Zimbabwe.

Amcu stands firm on R12 500 minimum wage

2016-07-07 12:53

Delivering Amcu's platinum wage demands, leader Joseph Mathunjwa pointed out that wage inequality persists and inflation targeting neglects working class conditions.

Platinum output not keeping up with cost hikes, say miners

2016-06-16 10:36

Depressed metal prices and continued above-inflation increases in labour and other input costs present a major challenge to the industry, say platinum miners.


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.

Impala refinery workers strike over pay

2016-09-27 14:17

Members of a union representing more than half the worker’s at Impala Platinum Holdings’ refinery have started a strike after wage talks broke down.

Platinum gains for third day as rand recovers

2016-09-06 13:10

Platinum has rallied a third day as rand advanced, spurring concern that the stronger currency will raise production costs for the metal and lead to higher prices.

Implats issues profit warning statement

2016-08-23 15:21

Impala Platinum has issued a profit warning statement to say that earnings for the year to June 30 2016 will be much lower than the prior year.

Amplats sees limited platinum-supply growth as profits dive

2016-07-25 10:30

Anglo American Platinum says growth in supplies of the metal will be limited this year as capital spending is constrained amid low prices.

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.

Investor-friendly policies will grow SA firms in Zim - experts

2016-06-24 16:20

Zimbabwe’s export sector could benefit significantly from investor-friendly policies and resultant ramp-ups in mining and agricultural production, say experts.

Northam miners back at work after murders halted operations

2016-06-15 08:58

Employees have returned to the Northam Platinum's Zondereinde mine, ending an eight-day stoppage spurred by the murders of two of their colleagues in union rivalry.

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