Mine sales add to platinum ‘storm’

Shut unprofitable mines rather than sell them, says Wesizwe Platinum executive

2 years ago
Weak rand a double-edged sword for mines

Rising gold price could spur unions to push for higher wage hikes

2 years ago
Lonmin deal promises long-lasting benefits, say Bapo leaders

Bapo ba Mogale’s deal with platinum miner has not been universally popular, but leaders say it will pay dividends long after Lonmin moves off its land

2 years ago
Northam builds new furnace

Northam Platinum selects Tenova Pyromet to build second platinum group metal furnace at Thabazimbi to give it capacity for planned expansion

2 years ago
Glencore curbs iron projects

Global mining and trading company slows iron projects to a crawl, takes large impairments against them and informally puts them up for sale

2 years ago
Platinum deficit expected to shrink

This year’s deficit is forecast to be 235,000oz of platinum, well down from last year’s 700,000oz when Rustenburg mines were shut in a five-month wage strike

2 years ago