A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
After "very difficult" negotiations, RBPlat has announced a new five-year wage deal it says will bring a period of stability.
Royal Bafokeng Platinum has reported 25.8% increase in normalised earnings to R166.5m, despite headline earnings taking a substantial 54.2% knock.
Royal Bafokeng Platinum has appointed a new Chief Financial Officer and executive director, the company announced on Thursday.
The Competition Tribunal has conditionally approved a merger between Royal Bafokeng Platinum mine and Maseve mine.
Royal Bafokeng Platinum was ordered Thursday by mining inspectors to suspend operations at its North shaft, according to two people familiar with the situation.
South African producers will need to develop technology to fit its mines rather than using machines developed for elsewhere in the world, an expert explains.
At least 174 workers at Bafokeng Rasimone Platinum Mine (RBplat) in Rustenburg have been retrenched, the company says.
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.
Royal Bafokeng Platinum says its full-year earnings have risen 38% due to higher sales, cost cuts and as currency weakness lifted the rand price of its metals.
Royal Bafokeng Platinum says interim headline earnings have risen by a third as weakness in the currency lifted the rand price of platinum group metals.
Royal Bafokeng Platinum says there is no merit to allegations made against it and its directors.
Royal Bafokeng Platinum's acquisition of Maseve contributed to a loss per share of 12.4 cents for the period.
The 17.3 million shares were sold at a price of R22.50 per placing share.
Royal Bafokeng Platinum has won a court order to transfer workers from Aforika Borwa Mining Solutions, after terminating its contract with the Gupta-linked company.
Royal Bafokeng Platinum will terminate a contract with a company linked to the politically connected Gupta family, according to two people familiar with the decision.
Royal Bafokeng Platinum is to delay the upgrade of its mine by a year as commodity prices sink to record lows.
Royal Bafokeng Platinum has swung into a first-half loss as it battled low metal prices, a softer currency and reduced output.
The once powerful National Union of Mineworkers is still battling to recover from its dramatic drop in membership on the platinum belt in the North West.
A contractor employee at Royal Bafokeng Platinum Mine dies after being fatally injured in an underground accident.
Two Royal Bafokeng Platinum employees have been injured in an explosion at its Styldrift excavation project in North West.
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