Most – but not all – South African companies are struggling in Zimbabwe. Here are the winners and losers.

2019-12-16 07:17

Pick n Pay and Pepkor are among those feeling the pain, but a handful of mining companies are doing well despite ZImbabwe's various crises.

Anglo will dig more platinum and diamonds than expected

2018-10-23 10:08

Anglo American Plc will dig more platinum than expected this year, while diamond production from its De Beers business will be at the top end of its guidance range.

Northam warns shareholders of a wider interim loss

2018-02-10 22:00

Northam Platinum, South Africa’s second biggest platinum producer, has advised shareholders that the group will report a widened interim loss.

Royal Bafokeng Platinum gets nod for ABMS

2017-12-17 06:01

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.

SA-linked miner drops Marc Faber after racist rant

2017-10-18 14:42

The Canadian-headquartered mining company developing a platinum mine in South Africa has forced one of its directors to resign over racist and pro-slavery comments.

Amplats shares dip on warning of sharp earnings fall

2017-07-18 13:28

Shares in Anglo American Platinum have edged lower on news that the company expects half-year earnings to be as much as 67% lower due to impairments.

Northam buys mining right from Amplats for R1bn

2016-10-11 09:28

Northam Platinum has agreed to buy a mining right from Anglo American Platinum for R1bn, enabling it to extend the life of the world’s deepest platinum mine beyond 30 years.

Zim wants Implats land as $6.7bn mine plan stalls

2016-07-15 09:21

Zimbabwe has applied for a court order to force an Impala Platinum unit to sell 28 000 hectares of its mining lease to the state, land it says will benefit the economy.

Malema reads mining companies the riot act

2015-08-21 17:17

EFF leader Julius Malema has thrown down the gauntlet, warning mining companies on the rich platinum belt to take care of the communities in which they mine or face closure.

Output hit as Atlatsa's mine set alight

2015-05-11 13:36

Community members have set alight a timber yard at Bokoni mine in Limpopo, a joint venture between Toronto's Atlatsa Resources and Anglo American Platinum.


A deal signed in platinum

2019-06-13 09:55

It has been a stretched-out and difficult process, but Sibanye-Stillwater has successfully taken over Lonmin. Ben Magara, the last CEO of Lonmin, spoke to David McKay about the deal.

Zimbabwe's biggest platinum miner says local listing won't work

2018-04-06 07:09

Impala Platinum has said Zimbabwe’s plan to compel mining companies to list the on the local exchange isn’t feasible, and would impede operators’ ability to grow and invest in their assets.

Amplats completes R400m sale of Union Mine and Masa Chrome

2018-01-26 11:53

Amplats CEO Chris Griffith says that the sales will help reposition the platinum mining company's portfolio.

Royal Bafokeng is said to be ordered to suspend mining at shaft

2017-10-26 22:30

Royal Bafokeng Platinum was ordered Thursday by mining inspectors to suspend operations at its North shaft, according to two people familiar with the situation.

‘In a league of its own’

2017-09-28 11:02

Under the leadership of CEO Paul Dunne, Northam Platinum is one of the few local miners in the platinum group metal space that can boast a strong balance sheet and well-performing assets.

Lonmin's platinum production at Marikana drops

2017-01-26 12:06

The unit costs of platinum production will remain under pressure for the foreseeable future until there's a sustained improvement in production throughput from mining, said Lonmin.

Platinum miners ditch ANC

2016-07-27 08:27

The contest for the control of the Rustenburg local authority may have repercussions for mining companies as well, says a political analyst.

SA plans fuel cell plant to boost platinum demand

2016-02-09 14:13

SA plans to set up a fuel cell component plant by 2018, the latest initiative to increase demand for the metal and support firms hit by plunging prices and labour strife.

Baroka could bid R1.8bn for Bokoni mine stake

2015-05-12 11:57

South Africa’s Baroka Platinum will offer up to R1.8bn for Atlatsa Resources' stake in the joint venture Bokoni mine, says a source.

Amplats gets R4.5bn offer for Bokoni stake

2014-12-17 15:41

Anglo American Platinum, the world's top platinum miner, has received a R4.5bn offer for its 49% stake in the Bokoni mine, says the source.

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