Northam Platinum, as its peers, has declared force majeure on its supply of platinum group metals (PGMs) to its four customers and it is considering limited mining at its mechanised Booysendal operations.

Companies declare force majeure, a clause in contracts that frees them from obligations when something happens beyond their control, in this case, the global Covid-19 pandemic that has claimed 44,264 lives and infected 887,067 people, according to Johns Hopkins University...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now