October 31, 2018

S.Africa’s Implats in talks to sell 1 Shaft operation in Rustenberg

Implats plans to trim staff by about a third -- more than 13,000 jobs -- over two years at its Rustenburg platinum belt.

October 23, 2018

Anglo will dig more platinum and diamonds than expected

While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.

October 22, 2018

Lonmin in $200m loan deal with state-backed Chinese company

Under the deal, Lonmin will repay most of the loan by delivering platinum and palladium over a three year period to a subsidiary of Jiangxi Copper, China’s largest copper producer.

October 3, 2018

South Africa mulls SOV, should not harm mining sector – minister

South African government is considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.

October 2, 2018

Northam Platinum and South Africa’s NUM union sign 3-year wage deal

South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members.

October 2, 2018

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

October 2, 2018

South Africa’s latest mining charter: what’s new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

September 17, 2018

South Africa imposes tough conditions on Sibanye-Lonmin deal

The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

September 16, 2018

How Anglo quietly built a commodity trader in Glencore’s shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

September 15, 2018

Top platinum mines keep digging even as price at decade low

Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.