Implats offers Khotso Mokhele the chair

South Africa’s second-largest platinum miner, Implats, on Thursday offered the position of chairperson of the board to incumbent non-executive director Dr Khotso Mokhele. The overture to Mokhele follows the acrimonious sacking of Dr Fred Roux. Implats said in a Stock Exchange News Service announcement that it would consider Mokhele appointment as its new chairperson at [...]

Workers end protest at Two Rivers mine in SA

The underground sit-in by more than 240 employees at the Two Rivers platinum mine, a joint venture between African Rainbow Minerals (Arm) and Impala Platinum, in South Africa, came to an end late on Tuesday morning. Arm, which operates the mine, and the National Union of Mineworkers (NUM) confirmed that the issue had been resolved [...]

Anooraq says Bokoni reached wage deals with SA unions

JSE- and TSX-listed platinum producer Anooraq Resources on Tuesday confirmed that a two-year wage agreement had been reached by its 51%-held Bokoni Platinum Mines, with several trade unions in South Africa. Anooraq said in a statement that the agreement was reached with the National Union of Mineworkers, the National Union of Metalworkers of South Africa [...]

Sit-in at African Rainbow Minerals platinum mine ends

Group rehires for sacked workers, says no production was lost. Read more….

Illegal sit-in halts production at SA platinum mine

An illegal sit-in by more than 240 employees at the Two Rivers platinum mine, in South Africa’s Mpumalanga province continued on Monday afternoon. More than one hundred mineworkers had embarked on the protest action on Sunday evening, halting production at the mine, which is a joint venture between African Rainbow Minerals (Arm) and Impala Platinum. [...]

Northam’s Booysendal project set for modular lift-off

The new Northam Platinum now consists of a combination of the steady-state Zondereinde platinum mine and the greenfield Booysendal project. Zondereinde still has a couple of decades of mining ahead of it, and just the first slice of the massive 103-million-ounce Booysendal resource alone has a quarter- century mine life. Read more….

Platinum Group unveils updated feasibility study: output up, capex down

TSX- and Amex-listed Platinum Group Metals (PTM) has completed an independent update for its Western Bushveld Joint Venture Project 1 platinum mine, in South Africa, and now expects to produce 275 000 oz/y of platinum group metals and gold, compared with a previous forecast of 250 000 oz/y, the company announced on Thursday. Production of [...]

Wesizwe Platinum first half loss narrows

The platinum miner announced a first-half headline loss per share of 2.56 cents, up from 3.66 cents loss the previous year. Read more….

Implats to reopen wage talks

The platinum miner says it is willing to seek further talks in an effort to stave off the indefinite strike by union members planned for next week Read more….

Zimbabwe’s biggest platinum mine says survival under threat

Zimbabwe’s biggest platinum mine Zimplats warned its survival was under threat and expected significant losses due to the fall of metals on the international market. For full story, click here Post from Read more….