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Northam's Booysendal project set for modular lift-off

By: Martin Creamer 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... 

Northam’s Booysendal platinum project all set for modular lift-off

By: Martin Creamer The new Northam Platinum now consists of a combination of the steady-state Zondereinde platinum mine, and the greenfield Booysendal project.  

Northam poised for biggest platinum growth spurt – Wellsted

By: Martin Creamer The one-time Cinderella of South Africa's array of top-notch platinum-mining companies - the JSE-listed Northam - on Thursday put itself in pole position for the greatest spurt of platinum growth by giving the thumbs up to a phased exploitation of the whopping 100-million-ounce Booysendal... 

Deep, hot Northam Platinum stays in the money, despite tough economic conditions

By: Martin Creamer Many thought that the current tough economic recession would, once and for all, plunge Northam Platinum, for long considered the runt of South Africa’s platinum litter, into a loss.

Northam has not only had to live with being one-trick pony with only one operation, but it has also had to endure... 


By: Martin Creamer Glyn Lewis, the CEO of Northam Platinum, had a standout performance in the year to June 30 in that he kept the world's deepest, hottest and most potholed Northam mine cash-positive after capital, and looked forward to entering a new era of diversity by developing the first decline of the shallow,... 

Debt-free, cash-flush Northam Platinum acquirer or takeover target - analyst 

By: Martin Creamer Debt-free, cash-positive but underrated Northam Platinum could return to being a platinum-industry takeover target, as it was before the global economic meltdown, or it could consider using its nigh-R1-billion in cash to acquire juniors and become an industry consolidator, RBC Capital Markets... 

Anglo-led empowerment deal to transform entire industry

By: Keith Campbell Global mining giant Anglo American’s CEO, Cynthia Carroll, affirms that the recent R10,6-billion three-way empowerment deal involving Anglo Platinum, Mvelaphanda Resources (Mvela), and Anooraq Resources demonstrates her group’s commitment to South Africa. 

Mvela Resources posts H1 loss on Gold Fields' stake fair-value adjustment

Empowered mining holding company Mvelaphanda (Mvela) Resources posted a headline loss of 598c a share for the six months to December 31, from headline earnings of 622c a share a year earlier, as a result of a R1,3-billion unrealised loss on fair valuation on the group's investment in Gold Fields... 

Mvela sells mine-services firm

By: Nicola Mawson JSE-listed and black-controlled company Mvelephanda Group yesterday said that its had completed the disposal of its interest in JIC Mining Services. 


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