Over 1 100 Lonmin workers could be retrenched before Christmas

2017-10-24 07:48

Lonmin plans to retrench 1 139 workers before Christmas, said trade union Solidarity, which will embark on a negotiation process with the platinum miner.

Electric dreams

2017-09-29 12:37

The transition to electric vehicles is expected to have a transformative impact on the commodities sector, reducing the reliance on China as a key driver of demand.

Zim smelter too pricey, says Impala

2017-09-18 12:53

Impala Platinum says the Zimbabwean government's requirement to invest in smelting and refining capacity for its 50%-owned Mimosa mine is not affordable.

How gold's Mr Fix-It became Mr Buy-It in US palladium bet

2017-09-07 09:30

Neal Froneman, who earned the nickname ‘Mr Fix-It’ for his turnaround successes in the 1990s now needs to show he can run Sibaye's new mines profitably and reduce debt.

How Lonmin plans to ensure sustainability

2017-08-11 20:49

Lonmin has announced that it is taking further action to ensure a sustainable business in what it calls a continuing adverse macroeconomic environment.

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.

Lonmin mining performance improves in third quarter

2017-07-17 10:03

Platinum producer Lonmin says it has sustained its mining performance improvement since March 2017 into the third quarter of 2017.

Platinum mines under fire

2017-05-14 06:15

With an industry already on its knees, community protesters are now causing major disruptions to platinum production.

Impala could cut more than 1 000 jobs at SA Mine

2017-04-26 08:19

Impala Platinum says protests at its Marula mine and low metal prices has led the world’s second-largest producer of the metal to start a reorganisation process.

Amplats to sell stake in Union Mine, MASA Chrome

2017-02-15 13:21

Amplats has agreed to sell its 85% interest in the Union Mine in SA and 50.1% interest in MASA Chrome Company to a subsidiary of Siyanda Resources.


The automotive industry’s impact on metals

2017-10-20 12:00

Sibanye-Stillwater is seen as a top pick for investors who are bullish about the outlook for platinum group metals.

Implats could cut 2 500 jobs to end losses at Rustenburg mine

2017-09-19 10:03

Impala Platinum could retrench at least 2 500 workers at its Rustenburg mining complex to stem losses and adjust to lower prices.

Slight uptick in SA platinum output - report

2017-09-07 11:35

South Africa's output for refined platinum has grown by 3% for the second quarter of 2017, according to the latest global production report by the World Platinum Investment Council.

Zim platinum forex directive will hit suppliers hard - Implats

2017-08-24 12:50

The Reserve Bank of Zimbabwe's directive to platinum miners to give up 80% of their foreign currency receipts to the bank will have a severe effect on suppliers, says Impala Platinum.

Zimplats forges ahead with mine development

2017-08-02 10:13

Zimplats, Impala Platinum’s unit in Zimbabwe, has announced that revenue for the quarter to end-June 2017 increased by 9% to $143.59m as it forges ahead with mine development.

Amplats Zim unit costs decline as output rises

2017-07-24 10:41

Production from Anglo American Platinum’s Unki mine in Zimbabwe for the six months to end-June 2017 has gone up by 5% on the back of improving grades, while cash costs have declined.

Shorts pile into cash-strapped Lonmin as platinum flounders

2017-06-27 08:37

The last time there was so much short-selling on Lonmin, the platinum miner was weeks away from a life-saving rights issue.

Platinum production continues to ride wave - data

2017-05-11 13:00

Platinum is the highest contributor to overall mining production for the second consecutive month, following its slump.

Amplats gets leaner and meaner

2017-02-19 06:02

Anglo American Platinum has consummated the last major transaction on its way to becoming a far smaller, but more profitable company.

Strong metal price growth seen, but SA poses risk to platinum

2017-02-05 19:33

The price of metals is projected to increase by 11% in 2017 due to tightening markets, especially those facing imminent resource constraints, a World Bank report says.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.