Ailing Lonmin brings down operational costs

2015-08-27 12:58

Battling from an ever decreasing share price, Lonmin says it has managed to stem the cost of mining the platinum group of metals.

Low international prices hit Zimplats earnings

2015-08-03 09:10

Impala Platinum's Zimbabwe-based unit Zimplats has reported a 41% revenue drop for the quarter ended June 30 on depressed international prices.

Lonmin says 6 000 jobs at risk in proposed restructuring

2015-07-24 07:33

Lonmin says it was planning to close or mothball several mine shafts, putting 6 000 South African jobs at risk, because of depressed metal prices.

Royal Bafokeng Platinum expects to post loss

2015-07-13 12:26

Royal Bafokeng Platinum expects a loss in the first half of its financial year, because of lower prices, reduced output and the impact of a tax charge.

Lonmin falls to record low amid platinum drop

2015-07-10 20:30

Lonmin has dropped to the lowest level on record in London trading as platinum is set for the biggest weekly decline since October, with a UBS Group AG recommendation to sell.

Amplats drops to 10-year low, metal prices dip

2015-06-30 15:52

Anglo American Platinum has plunged to the lowest in 10 years amid a deepening slump in commodity prices.

Glencore exit shines light on platinum bargain Lonmin

2015-06-03 09:25

Glencore's distribution of Lonmin shares may create a buying opportunity - and for those willing to make an early bet on the rebound, Lonmin represents a bargain.

Amplats calls for fuel cell platinum in electric cars

2015-04-17 11:31

Automakers must expand their offerings of fuel-cell vehicles or risk being pushed out of the burgeoning electric-car market, according to Anglo American Platinum.

ARM earnings more than halve on weak prices

2015-03-16 14:16

Mining group African Rainbow Minerals says its earnings have fallen by more than 50% due to lower prices for commodities such as iron ore and platinum.

Implats aims for smaller Rustenburg operation

2015-02-26 10:26

Impala Platinum aims to modernise its Rustenburg mines, the centre of labour unrest in recent years, into "smaller, more concentrated mining" operations.


Royal Bafokeng swings to loss on softer prices

2015-08-04 10:30

Royal Bafokeng Platinum has swung into a first-half loss as it battled low metal prices, a softer currency and reduced output.

Zim's Mimosa platinum records rise in output

2015-07-28 15:08

Mimosa platinum mine, owned jointly by Aquarius Platinum and Impala Platinum, is on a strong footing after its quarterly production lifted by 5%, says the Aquarius CEO.

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 sharp earnings rise on strike recovery

2015-07-13 09:53

Anglo American Platinum says it expects its interim earnings to rise by almost 1 500% as it recovers from a five-month strike last year.

Platinum shares hit multi-year lows

2015-07-09 18:30

Platinum shares have hit multi-year and even decade’s lows as the metal's spot price pursued a relentless decline to new six-year lows, approaching the $1 000 (approx R12 500) level.

Amplats sees profit rising at least 20%

2015-06-15 11:17

Anglo American Platinum says first-half profit will climb at least 20% after it recovered from a five-month strike a year earlier.

Platinum price could test $1 000 in 2015

2015-05-14 12:15

Platinum prices could test $1 000 an ounce this year, a level not seen since early 2009, as supply from SA mines and global autocatalyst recyclers climbs.

Norilsk sees Africa cutting platinum output

2015-04-07 14:30

Norilsk Nickel sees output of platinum-group metals declining in the years to come as the Russian mining company leads investors in creating a palladium fund.

SA miners in Zim encounter headwinds

2015-03-06 14:25

Zimbabwe's mining output is declining as miners - including units of South African groups - grapple with low commodity prices and a challenging operating framework.

Temporary labour reprieve for SA miners in Zim

2015-02-25 08:40

A wage hike settlement agreed by Zimbabwean mineworkers and their employers has provided the miners with a temporary labour dispute respite.

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