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The world’s top platinum and palladium supplier has an answer to the electric-car boom that may pose a long-term threat to its biggest market: invent a new battery.
The Labour Department has said it intends to deregister one of the country’s biggest mining unions, just weeks before crucial platinum-industry wage talks are expected to begin.
Amplats subsidiary, Rustenburg Platinum Mines, is set to sell a 33% stake in its Bafokeng Rasimone joint venture.
Anglo American Platinum has declared its first dividend in six years after the producer of the precious metal cut net debt by 75% from a year earlier.
The Financial Services Board (FSB) has placed Bophelo Benefit Services and the Bophelo Beneficiary Fund under curatorship after City Press reported that R255m in mine worker pension money was missing from the fund.
Mining companies can build a solid business, however, investors are most perturbed by corruption, says Steve Phiri, CEO of Royal Bafokeng Platinum.
Problems are mounting for platinum miners as efforts to raise output are negated by sluggish demand and low prices for the precious metal, says Aquarius Platinum.
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.
A shift supervisor at Anglo American Platinum's Union mine in Rustenburg was killed earlier this week when an office building at the Spud Shaft caught fire and burnt down, the mining company says.
Anglo American Platinum expects full-year earnings to fall by at least 20% due to a record five-month strike that hit its South African operation.
Anglo American Platinum says Eskom power outages put a damper on production in the first quarter, with output of platinum group products declining 2% year-on-year to 2,146,900 ounces
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'.
A revolt is brewing among one of the communities at the richest end of the country’s platinum belt and fingers are being pointed at the “arrogant” mines for neglecting community concerns.
Amplats CEO Chris Griffith says that the sales will help reposition the platinum mining company's portfolio.
Sibanye has cleared the final regulatory hurdle for its R4.58bn acquisition of Anglo American Platinum's Rustenburg mines, it has been announced.
One of the world's largest mining companies, Anglo American Platinum, says a job scam - in which fraudsters pretend to represent the company in a bid to extract personal information from unsuspecting members of the public - is doing the rounds.
Glencore will shut its Eland platinum mine in South Africa, risking about 1 000 jobs, says trade union Solidarity.
More than 500 workers at Anglo American Platinum's unit at the Twickenham operation in South Africa have started a strike against plans to cut as many as 165 jobs.
Impala Platinum aims to modernise its Rustenburg mines, the centre of labour unrest in recent years, into "smaller, more concentrated mining" operations.
Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.
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