South Africa’s Public Investment Corporation (PIC) faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner. When Lonmin shareholder …
PIC faces dilemma over backing Lonmin deal Read More »
South Africa’s Public Investment Corporation (PIC) faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner. When Lonmin shareholder …
PIC goes to London for Lonmin decision Read More »
Young consumers, men’s jewellery and female self-purchasing will build on platinum’s entrenched standing in bridal jewellery to drive future demand, Platinum Guild International (PGI) reports. The guild’s yearly ‘Platinum Jewellery Business Review’ sur…
Young consumers, self-buying to boost platinum jewellery demand Read More »
Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed. The platinum producer has started a process that’s required under South African labour law to carry out the workforce reductions, said Wendy Tlou, a sp…
Lonmin plans to cut 4 100 workers as it closes platinum mines Read More »
A new manganese-containing material may contribute to platinum-using hydrogen fuel cells being driven down the cost curve.
The new material, made from manganese hydride, is being earmarked for use in molecular sieves that work with the fuel cells in h…
Researchers see manganese helping fuel cells down cost curve Read More »
Platinum miner Anglo American Platinum, headed by Chris Griffith, has dismissed half of the Mototolo mine’s underground employees amid an unprotected strike, but has given the dismissed employees until May 21 to appeal the decision. Employees at the mi…
Amplats dismisses half of Mototolo’s underground employees amid unprotected strike Read More »
Anglo American Platinum (Amplats) is contemplating the sale of its Bokoni and Twickenham mines in South Africa, a move which would mostly complete the group’s divestment strategy, its chief executive told Reuters. The precious metals producer has sold …
Amplats considers sale of Twickenham and Bokoni mines – CEO Read More »
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.
The post South African court clears way for Sibanye’s acquisition of Lonmin appeared first on MINING.com.
South African court clears way for Sibanye’s acquisition of Lonmin Read More »
Competition Appeal Court on Friday gave the green light to Sibanye-Stillwater’s takeover of Lonmin in a deal that aims to create the world’s second-largest platinum producer. Lonmin’s biggest mining union, the Association of Mineworkers and Constructio…
Sibanye wins final go-ahead for Lonmin deal Read More »
Northam Platinum plans to buy back about 15-million preference shares out of 159-million currently in issue in the financial year ending June 2020, its chief executive said on Wednesday.
The miner, one of the top platinum producers globally, wants to …
Northam Platinum plans to buy back preference shares Read More »
