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PLATINUM

Dawid Stander returns to Bokoni

Joint venture partners Anooraq and Anglo American Platinum (Amplats) on Wednesday appointed Dawid Stander as MD of Bokoni Platinum Mines, effective February 1. Stander, who was working as an independent consultant for the past two years,...
1st February 2012
 
PLATINUM

Cooke steps up to Anooraq platinum plate

Patrick Cooke has been appointed a non-executive director of empowered JSE-listed platinum miner Anooraq, replacing Wayne Kirk, 69, who has also resigned his non-executive director post at gold-mining company Great Basin Gold.
31st January 2012
 
platinum

Bokoni UG2 ops resume, accident cost 1 500 oz

Platinum miner Anooraq has resumed operations at its Bokoni mine’s Middelpunt Hill UG2 shaft, following a fatal accident on November 18. A total of seven operating shifts were lost at the shaft during the safety stoppage, resulting in a...
28th November 2011
 
Cartoon

BEE STING

Black economically empowered (BEE) platinum miner Anooraq wants Anglo American Platinum (Amplats), a partner that earns BEE credits from it, to refinance and restructure its R2,5-billion debt. Anooraq took on highly leveraged bridge-financing-type...
27th May 2011
 
Anooraq

Company Announcement: Cautionary Announcement Relating To Proposed Restructuring, Refinancing And Potential Corporate Action PDF Available

Attached please find a press release on: Shareholders are advised that subsequent to March 31, 2011, Anooraq and Anglo Platinum Limited (“APL”) (the “Parties”) entered into preliminary discussions surrounding a potential transaction between them....
13th May 2011
 
PLATINUM

Anooraq says Bokoni restructuring affected 840 workers

Platinum junior Anooraq has completed a labour restructuring process at its Bokoni mine on the eastern limb of South Africa's Bushveld Complex, which affected 840 on-mine personnel. The company had retrenched 153 employees and 374 workers were...
10th May 2010
 
Real Economy Report

Resources Watch Video Available

Platinum miner Anooraq posts a profit, thanks to cost-cutting measures; Wescoal targets a R1-billion market cap as it moves to the JSE's main board; and Canadian Liberal MP John McKay, who tabled the contentious Bill C-300, addresses a gathering...
22nd April 2010
 
Photo of the Week

CASH OPERATING PROFIT

TSX- and JSE-listed platinum-mining company Anooraq achieved a cash operating profit in the three months to December 31. Pictured is Anooraq CEO Philip Kotze, who reports that the company is studying synergies between its Bokoni and Ga-Phasha...
9th April 2010
 
PEOPLE

Anooraq CFO resigns

Platinum producer Anooraq on Tuesday reported that its CFO, Iemrahn Hassen, had resigned from the company, effective from November 23. The company said in a statement that Hassen had resigned to pursue other business interests.
24th November 2009
 
PLATINUM

Anooraq-Angloplat Lebowa transaction concluded

Global platinum producer Anglo Platinum (Angloplat) has concluded the sale of an effective 51% share of the Lebowa platinum mine, in South Africa, to North American-listed Anooraq, after all the conditions precedent to the acquisition were...
2nd July 2009
 
CORPORATE ACTIVITY

AngloPlat, Anooraq unveil downscaled Lebowa deal, mining plan

Anglo Platinum CEO Neville Nicolau The world’s leading platinum producer Anglo Platinum, which has been pursuing a black economic-empowerment (BEE) transaction with Pelawan and Anooraq for the Lebowa platinum mine, announced a downscaled deal and mining plan on Thursday, which the...
14th May 2009
 
PLATINUM

Anooraq to conclude Angloplat negotiations ‘shortly’

Canadian junior Anooraq on Tuesday stated that discussions with platinum giant Anglo Platinum (Angloplat) regarding the purchase of a 51% interest in South Africa’s Lebowa platinum mine, was progressing well, and was expected to be concluded...
28th April 2009
 
 
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