Amplats

Platinum, new innovation, wage talks and Ramaphosa. A lot is happening in the mining world

The company’s shares have seesawed madly – largely because of the volatility of the oil price and the rand

Investment company claims to own properties it has no rights on in attempt to cover up loss.

Amplats has gone to court over "unconstitutional" debt administration, with one administrator pocketing 44% of miners’ debt repayments.

Three years of labour upheaval and a political push for safety and better wages have set in motion a drive to mechanise platinum mines.

While Amcu workers prepare to return to work on Wednesday after a successful strike, mine bosses have warned of a difficult rebuilding phase ahead.

Gold producer Sibanye is considering buying embattled platinum mines which have been crippled by a five-month labour dispute.

Amcu says it has accepted a new wage offer from platinum miners, but outstanding issues still need to be discussed with the employers.

Government says Monday’s talks with Amcu and mining bosses will determine whether it continues with it’s intervention in the platinum wage dispute.

Supra Mahumapelo has called on communities in Sefikile, in the platinum belt, to exercise restraint after two houses were allegedly petrol bombed.

A team of officials from various departments will meet mining bosses and Amcu over strikes in the platinum belt.

The National Union of Mineworkers says it is concerned by the economic impact of the lengthy platinum sector wage dispute.

Three major platinum producers have dismissed reports of an agreement in the long-standing wage dispute with mining union Amcu.

As tensions run high in Marikana, Numsa says it might strike with Amcu – whose members are demanding a R12 500 salary from Lonmin, Amplats and Impala.

Amcu president Joseph Mathunjwa is taking the mining giants to labour court, saying their SMS campaign violated an agreement with the union.