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PLATINUM

Amplats capitalising mechanised mines, may spend R100bn to 2024 Video Available

Strike-hit Anglo American Platinum (Amplats) was capitalising its mechanised mines and might spend up to R100-billion on them plus Amandelbult in the next ten years, Amplats CEO Chris Griffith said on Monday. Speaking at the company’s...
21st July 2014
 
PLATINUM

Implats taking platinum recycler to US court

Implats CFO Brenda Berlin South African miner Impala Platinum (Implats) has initiated court proceedings against a US recycler for $182-million, Implats CFO Brenda Berlin said on Thursday. The US company A-1 Specialised Services and Supplies Inc has been one of the...
29th August 2013
 
PLATINUM

Implats wiping out mining’s fall-of-ground fatality scourge

Implats CEO Terence Goodlace South Africa’s second-largest platinum-mining company, Impala Platinum (Implats), is eliminating what has for long been the scourge of South Africa’s underground mines – fall-of-ground fatalities. Impala Platinum CEO Terence Goodlace said...
29th August 2013
 
PLATINUM

Union branch leader condemns mine hostel system as ‘barbaric’ Video Available

NUM branch chairperson Papi Moteti A National Union of Mineworkers (NUM) leader, who chairs a branch in the hostile platinum belt where the tragic Marikana killings took place a year ago this week, has called for the eradication of South Africa’s mine-hostel system, which he...
13th August 2013
 
PLATINUM

Anglo American Platinum opts for low-fat Rustenburg diet to entrench new slimmed-down culture

The world’s biggest platinum miner, determined to shed its fat-cat image of the past, has opted to live off low-grade Rustenburg leftovers rather than risk splurging out of capital on high-grade deep-shaft projects at a time when it says there...
5th August 2011
 
PLATINUM

Eskom positioned to power Angloplat growth – CEO Video Available

Anglo Platinum CEO Neville Nicolau State-owned power utility Eskom was positioned to meet the growth requirements of Anglo Platinum, Angloplat CEO Neville Nicolau said on Monday. After reporting 532% higher headline earnings of R2,6-billion for the half-year to June 30 and keeping...
26th July 2010
 
PLATINUM

Northam Platinum likely to go to market for R3bn Booysendal – CEO Video Available

Northam Platinum CEO Glyn Lewis JSE-listed platinum miner Northam was likely to go to the market to finance the proposed R3-billion 1 200-employee Booysendal platinum mine in Mpumalanga province, its CEO Glyn Lewis said on Tuesday. Lewis said in reply to mining analyst Nic...
23rd February 2010
 
PLATINUM

Implats withholding Zimbabwe project till govt ‘issues' resolved Video Available

Platinum major Implats is withholding further expansionary investment in Zimbabwe until the Zimbabwe government resolves "outstanding issues" and clarifies its latest indigenisation statements. Among those "outstanding issues" is the Reserve Bank...
18th February 2010
 
PLATINUM

Underperforming Marula platinum mine may close – Implats Video Available

The underperforming Marula platinum mine may be closed if it fails to return to operational profitability, Impala Platinum (Implats) CEO David Brown said on Thursday. Delivering 45% lower gross Implats profits of R9,8-billion, Brown said that the...
27th August 2009
 
 
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