Ongoing improvements in the platinum group metals (PGMs) market have prompted miner Impala Platinum (Implats) to re-evaluate the strategic direction with regard to its Impala Rustenburg operations. Following a review of the Impala Rustenburg operations…
Implats reconsiders shaft closures, sales as market conditions improve Read More »
South Africa’s Impala Platinum Holdings (Implats) on Thursday said it swung into an annual profit boosted by higher sales, gains in rhodium and palladium prices, and improved performance at its Rustenburg operations. The platinum miner reported headlin…
Implats swings to full-year profit Read More »
Big Picture Look At What Is Driving Gold
Chris Vermeulen, Founder of The Technical Traders joins me to take a look at the precious metals market and assess…
Chris Vermeulen – The Technical Traders – Wed 4 Sep, 2019 Read More »
Platinum group metals miner Northam Platinum will acquire a further 3.98-million Zambezi preference shares from Coronation Asset Management at a price of R73.50 a share. The total purchase consideration will be about R292.6-million and will be funded f…
Northam to buy more Zambezi preference shares Read More »
Northam Platinum has acquired 13.7-million Zambezi preference shares from the Public Investment Corporation (PIC), taking its holding of preference shares to 19.41-million shares, representing 12.1% of all Zambezi preference shares in issue. Northam ac…
Northam buys R1bn of Zambezi preference shares from the PIC Read More »
Zimbabwean platinum group metals (PGMs) miner Zimplats, in which JSE-listed Impala Platinum holds an 87% interest, achieved a net profit of $144.9-million for the financial year ended June 30. This is significantly higher than the net profit of $2.6-mi…
Zimplats increases revenue, progresses projects during the year Read More »
Platinum miner Anglo American Platinum (Amplats) on Tuesday said its subsidiary Rustenburg Platinum Mines (RPM) had completed the buyout of the Kwanda North and Central blocks prospecting rights from Atlatsa Resources. It bought the prospecting rights …
Amplats completes buyout of Kwanda North, Central block prospecting rights Read More »
Platinum miner Anglo American Platinum (Amplats) on Tuesday said its subsidiary Rustenburg Platinum Mines (RPM) had completed the buyout of the Kwanda North and Central blocks’ prospecting rights from Atlatsa Resources. The acquisition of the blocks is…
Amplats clinches valuable Mogalakwena rights consolidation Read More »
JSE-listed platinum miner Northam Platinum achieved a 226.7% year-on-year increase in normalised headline earnings of R1.4-billion for the financial year ended June 30 Its equivalent refined metal production for the year increased by 7.4% to 519 954 oz…
Northam reports increased confidence on the back of solid full-year results Read More »
JSE-listed platinum miner Impala Platinum earlier this month received a conversion notice from the holder of the last of the company’s outstanding $250-million 3.25% convertible bonds due in 2022.
In converting this last bond, 51 404 shares will be i…
Implats undertakes bond conversion Read More »
