Bafokeng Rasimone Platinum Mine North Shaft Merensky Phase 3 project, South Africa

Royal Bafokeng Platinum has reported that the project continues to make steady progress and remains on track for completion in 2015.

Styldrift Merensky Phase 1 project, South Africa

Royal Bafokeng Platinum remains confident about its Styldrift Phase 1 project and is looking forward to intersecting the Merensky reef towards the end of 2012.

RBPlat sees challenging year ahead

JSE-listed Royal Bafokeng Platinum (RBPlats) is expecting a “challenging” year ahead – both from a market and operational perspective. The platinum group metals (PGM) miner, which owns the Bafokeng Rasimone Platinum Mine (BRPM), would make...

Company Announcement: RBPlat sees achievements balanced by challenges in a tough year for PGMs

RBPlat Chief Executive Officer, Steve Phiri, stressed that although the current economic climate remains challenging, the company’s outlook remains positive. “Nobody in the sector would deny that it has been a difficult year, and we have...

Styldrift 2 may need R10bn investment, says RBPlat

South Africa’s black-owned Royal Bafokeng Platinum (RBPlat) said on Monday its organic growth strategy could result in a R10-billion investment in the Styldrift 2 project. CFO Martin Prinsloo said on Tuesday that the company was “very...

RBPlat shares rise on trading statement

Black-owned Royal Bafokeng Platinum (RBPlat) expects its half-year earnings a share and headline earnings a share to be between 95c and 110c, the JSE-listed company said on Friday. This is based on a weighted-average number of shares of 163 677...

Cash-gushing RBPlat speeds capex, inks another Implats deal

The black-owned, black-managed and black-operated platinum miner Royal Bafokeng Platinum (RBPlat) has struck another sugar-coated cooperation deal with the big Impala Platinum that is even sweeter than the first. Simultaneously, RBPlat is...

RBPlat wades in lifting production, containing costs

Black-owned Royal Bafokeng Platinum (RBPlat) has waded in with increased production and strongly boosted cash in its maiden reporting year. “Sterling performance for RBPlat”, is the company's own headline of the first reporting year to...

Bafokeng Rasimone Platinum Mine North Shaft Merensky phase 3 project, South Africa

The Royal Bafokeng Platinum board of directors has approved the expansion capital project relating to the North Shaft phase 3 project on the Bafokeng Rasimone Platinum Mine.

RBPlat approves R1,27bn BRPM project

Newly listed black economic empowerment platinum miner Royal Bafokeng Platinum (RBPlat) confirmed on Monday that its board had approved the R1,27-billion North Shaft Merensky Phase III project at the Bafokeng Rasimone Platinum Mine (BRPM), in...

Differing shareholders close ranks as Bafokeng move to raise R1bn in IPO

The publicly differing founding shareholders of the black-controlled platinum-mining company RBPlat on Monday closed ranks in support of the JSE aspirant's bid to raise R1-billion in an initial public offering (IPO) on November 8. RBPlat CEO...

RBH bemoans AngloPlat’s decision to ‘frustrate’ Implats offer for BRPM

The head of black-empowered Royal Bafokeng Holding (RBH) confirmed on Tuesday that Impala Platinum (Implats) had indeed been the bidder for the Bafokeng Rasimone Platinum Mine (BRPM) and said that he was disappointed that the AngloPlatinum had...