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.
September 13, 2018 South Africa’s Implats CEO confident of funding during restructuring Implats is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss.
September 7, 2018 Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
September 7, 2018 Luxembourg’s mining-focused Space Agency ready to lift off Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from…
September 3, 2018 Lonmin’s largest shareholder backs takeover by Sibanye-Stillwater Lonmin has been the biggest casualty in South Africa's platinum mining industry.
September 3, 2018 India’s Anil Agarwal succeeds with Vedanta Resources buyout Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.
August 31, 2018 Zimplats FY profit tumbles after higher deferred tax charge Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.
August 30, 2018 Special Report: The platinum opportunity – part 1 Over the past six months, platinum’s price has continued its multi-year decline, falling below $800 – close to its lowest level in a decade.
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