In the absence of a credible opposition party to challenge the ANC, perhaps the IMF is best placed to help the party, writes Ayabulela Dlakavu.
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.
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.
The platinum miner has delayed placing some of its shafts on care and maintenance due to improved market conditions.
Platinum will remain in surplus in 2019, albeit a smaller one than this year, as the industry continues to grapple with declining demand from the automotive sector.
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.
Implats has announced a headline profit of R2.23bn for the six months ended December 31 2018, compared to losses of some R150m in the previous comparable period.
Platinum’s lesser-known cousin keeps going from strength to strength, says David Fickling.
IT is safe to say that rapper and Family Tree kingpin Cassper Nyovest bossed this past weekend.
Platinum miners in Zimbabwe plan to jointly develop a base-metal refinery in the country, Mines Minister Winston Chitando has said.
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