There are hundreds if not thousands of public servants who are facing disciplinary action - they did not benefit directly, writes Melanie Verwoerd.
Morning clouds. Mild.
The silvery-white metal primarily found in South Africa and Russia has almost doubled in the past year.
It owns a fully mechanised mine with a "low labour complement".
Joseph Mathunjwa repeatedly turned to scripture as he gave an update on wage negotiations in the platinum sector.
Northam Platinum has reported a record operating profit of R2.4bn for the full year to the end of June - up from R823m - representing an increase of 192.7% from the previous year.
Royal Bafokeng Platinum says there is no merit to allegations made against it and its directors.
For a union leader that led the longest platinum-mining strike and which self-identifies as 'militant', AMCU president Joseph Mathunjwa is sounding rather diplomatic.
This single cosmic event gave birth to 0.3% of the Earth’s heaviest elements.
Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed.
The rand platinum price, which dominates how local platinum stocks will fare, has broken out of a large basing chart pattern, suggesting an upside in platinum stocks.
The price of the metal - mainly used in autocatalysts in gasoline vehicles - has almost doubled from a recent low in August.
Using the principle of supply and demand, investment expert Simon Brown explains why investors need to be cautious with commodity stocks. Unlike the price of products and services, which will go up over time, commodity prices may go up – but will likely eventually come back down again.
Sibanye Stillwater - the world's biggest producer of platinum, the second-largest palladium producer and a major gold miner – plans to restructure its holding structure.
The JSE platinum index continues to make new recovery highs as platinum stocks continue to be amongst the leaders on the JSE.
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.
South Africa’s largest platinum-mining labour union has said it will meet the nation’s top three producers on successive days next week as it starts formal negotiations for a three-year wage deal.
While South Africa has one of the world's largest gold reserves, it is no longer the biggest producer on the continent, having lost its gold crown to Ghana.
With the acquisition of Lonmin, Chief Executive Officer Neal Froneman has completed Sibanye’s transformation to a giant of SA's key platinum sector.
A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4bn, about R57bn, is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions.
Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014.
Royal Bafokeng Platinum has reported 25.8% increase in normalised earnings to R166.5m, despite headline earnings taking a substantial 54.2% knock.
Cape Town Southern Suburbs1st Contact T/A Sable International
Cape Townemerge R580 000.00 - R620 000.00 Per Year
Cape TownemergeR560.00 - R580.00 Per Hour
Apartments / Flats
R 9 400
Apartments / Flats
R 13 500
R 3 750 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.