Amplats CEO Chris Griffith to step down; group declares final dividend of R52.60/share

2020-02-17 09:17

After more than seven years at the helm, the Anglo American Platinum head will step down in April.

Impala’s Zim mine is said to be in talks to buy Amplats land

2019-11-12 05:00

Sources say the purchase of the claims by the Mimosa mine, which is jointly owned by Impala and Sibanye Gold, could be finalised by the end of the year.

If you bought Implats at the start of the year, your money would have almost tripled – here are the other big winners (and losers) in 2019

2019-10-07 08:05

In dollar terms, the JSE has been one of the worst performers in the world this year.

Palladium tops $1 600 as metal sets new highs on supply shortage

2019-03-20 07:50

The price of the metal - mainly used in autocatalysts in gasoline vehicles - has almost doubled from a recent low in August.

Anglo Platinum hikes dividend as palladium surge boosts cash

2019-02-18 19:37

Platinum prices are languishing near decade lows, yet investors in the number one supplier of the metal haven’t had it this good for years.

Top platinum mines keep digging even as price at decade low

2018-09-14 11:28

Platinum prices are languishing near the lowest in a decade, but the biggest miners are barely cutting production.

Amplats sees profit jump after operations, prices improve

2018-07-16 16:27

Anglo American Platinum says it expects to report a fourfold increase in first-half profit after operations improved and metal prices rose.

Zimbabwe to compel mining firms to list on local exchange

2018-04-05 13:24

Zimbabwe wants miners operating in the country to list the majority of their shares on the local exchange as it seeks to boost investment.

Amplats sees 95% earnings growth on strong operational performance

2018-02-06 22:00

Anglo American Platinum says its results for the year to end-December 2017 will show earnings growth of about 100% on strong operational performance, cost control and higher sales volumes.

Making money on the JSE: Five of the best

2017-11-21 06:00

Despite a tough economic environment, it is still possible to make considerable returns on the JSE. Werner Erasmus and Brett Birkenstock discuss five winning shares.


The price of palladium is absolutely exploding – here’s why that's good news for South Africa

2020-01-21 05:45

The silvery-white metal primarily found in South Africa and Russia has almost doubled in the past year.

Tharisa has right to sell all of $4.2bn Zimbabwe platinum mine

2019-10-17 16:00

Tharisa, the publicly traded South African platinum and chrome miner run by the Pouroulis family, has the right to take over a platinum mine project in Zimbabwe that could ultimately cost $4.2bn.

SA platinum giants bolster positions before wage talks begin

2019-07-09 05:30

When the world’s biggest platinum miners sit down to hammer out a wage deal this week, they’ll hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.

Amplats hands land to South Africans amid expropriation push

2019-03-15 08:01

The mining company is giving hundreds of hectares of land to communities living in an area that’s rich with the ore as the ANC seeks to introduce laws that make it easier to expropriate land without paying for it.

Amplats finance director to step down in early 2019

2018-09-21 16:41

In an update to shareholders the platinum miner said Ian Botha had tendered his resignation and would be 'relocating abroad to pursue other career opportunities'.

Amplats aims to extract 'next phase of value'

2018-07-23 11:21

Anglo American Platinum has released its interim results and has moved to a net cash position of R0.5bn from a R1.8bn net debt as at 31 December 2017.

Amplats raises R390m through sale of Royal Bafokeng Platinum shares

2018-04-25 18:36

The 17.3 million shares were sold at a price of R22.50 per placing share.

Post-Mugabe Zim mining rush leaves big producers behind

2018-04-03 10:29

While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.

Hard-pressed Zim miners invest $211m in 2017

2017-12-08 21:27

Zimbabwean mining companies have injected $211m in 2017 to sustain operations and ramp up production.

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.

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