SA’s biggest union said a strike at Impala Platinum’s biggest mine may spread to the entire company after wage talks broke down on Wednesday.
Impala Platinum said on Tuesday a strike by workers had halted its largest operation in South Africa.
Northam Platinum’s full-year profit was down on weaker platinum prices as well as steeper costs, the company said on Friday.
The Competition Tribunal on Wednesday said it had approved the merger of Aquarius Platinum, Rustenburg Platinum Mines and First Platinum.
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/ 24 February 2009
Solidarity on Tuesday hit back at Lonmin which earlier said it had reached "an agreement" with trade unions to retrench 4 000 employees.
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/ 19 February 2009
Mvelaphanda Resources on Thursday announced plans that would see the company restructured with a view to delisting.
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/ 10 February 2009
Planned retrenchments currently stood at 35 000 for all sectors of the domestic economy, trade union Solidarity said on Tuesday.
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/ 29 January 2009
Lonmin, the world’s third-largest platinum producer, on Thursday reported platinum sales of 126 202 ounces in the quarter to end December 2008.
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/ 16 December 2008
Zimplats on Tuesday warned its survival was under threat and expected significant losses due to the fall of metals on the international market.
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/ 9 December 2008
SA gold production in October fell 14,4% year-on-year, Statistics South Africa announced on Tuesday.
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/ 5 December 2008
The JSE remained in the red by midday on Friday weighed by resources and gold stocks, which remained under pressure.
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/ 28 November 2008
The JSE slipped into the red by noon on Friday as profit-taking set in by market participants looking to cover their shorts ahead of the weekend.
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/ 20 November 2008
WeSizwe Platinum has been scouting for financiers in the Middle East and China for its mine project after the freezing up of Western capital markets.
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/ 6 November 2008
Anglo Platinum’s Polokwane smelter in Limpopo has been shut down for six weeks following a furnace run-out, a spokesperson said on Thursday.
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/ 21 October 2008
Impala Platinum’s (Implats) R21,2-billion bid for Mvelaphanda Resources and Northam Platinum has moved a step closer to formalisation.
South Africa has 85% of the world’s supply of a metal that is in ever-increasing demand
Global mining giant Anglo American said on Wednesday it was "reviewing all options" surrounding a major project to produce platinum in Zimbabwe.
Anglo American is to make what is believed to be the largest foreign investment in Zimbabwe when it invests -million to build a platinum mine.
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/ 29 October 2007
As gold and platinum prices climbed on a weaker dollar, the JSE’s gold mining index and resources continued to lift the all-share index on Monday. By noon, the JSE’s all-share index was up 1,25% as the gold mining index progressed 2,1%. Resources rose 1,93% and the platinum mining index picked up 1,86%.