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Wesizwe Platinum

Wesizwe Platinum is a South African mining company focused on the development and operation of platinum-group metals (PGMs) projects. The company is headquartered in South Africa and operates primarily in the country's platinum-rich Bushveld Complex. Its flagship asset is the Bakubung Platinum Mine, located in the North West province near Rustenburg, one of the world's most significant platinum-producing regions. Wesizwe Platinum is listed on the Johannesburg Stock Exchange (JSE), where it trades under the stock code WEZ. The company's core business centres on the extraction and processing of platinum, palladium, rhodium and other PGMs, which are critical to the automotive, industrial and jewellery sectors. The Bakubung mine is designed as a large-scale, mechanised underground operation with substantial reserves and a long projected life of mine. Wesizwe Platinum has faced financial and operational challenges over the years, including delays in ramping up production and securing funding for capital-intensive development. The company's strategic focus remains on achieving sustainable production levels and optimising the economic performance of its mining assets. Wesizwe Platinum was established in the early 2000s and has since worked to position itself as a meaningful participant in South Africa's platinum mining industry.

Wesizwe Platinum News


Gold remains under pressure as Middle East tensions persist
Gold remains under pressure as Middle East tensions persist
12th October 2026 By: Sabrina Jardim

Precious metals and technology company Heraeus Precious Metals says gold has remained under pressure as continued tensions in the Middle East push oil prices higher. In its latest ‘Precious... 


Wesizwe places Bakubung concentrator plant on care and maintenance
Wesizwe places Bakubung concentrator plant on care and maintenance
7th October 2026 By: Sabrina Jardim

JSE-listed Wesizwe Platinum has informed shareholders that the Bakubung platinum mine concentrator plant, in the North West, has been placed on care and maintenance while the company prioritises... 


The Bakubung mine
420 jobs lost as Wesizwe restructures Bakubung
1st October 2026 By: Creamer Media Reporter

South African platinum group metals miners Wesizwe Platinum has confirmed that 429 jobs have been affected by the operational restructuring at its Bakubung platinum mine. Wesizwe in June started a... 


An image of the Bakubung mine
Wesizwe reaches agreement with AMCU, but not NUM, over Bakubung restructuring
3rd September 2026 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum says the consultation and facilitation process in terms of Section 189A of the Labour Relations Act (LRA), conducted under the auspices of the Commission for... 


The Bakubung mine
Wesizwe to undertake phased restart of operations at Bakubung
26th June 2026 By: Creamer Media Reporter

Platinum group metals miner Wesizwe Platinum will embark on a phased restart of operations at its Bakubung mine, in the North West, from next week, subject to the conclusion of a memorandum of... 


The Bakubung underground mine
Wesizwe to retrench nearly 500 employees amid Bakubung development strategy change
4th June 2026 By: Creamer Media Reporter

JSE-listed Wesizwe Platinum says about 497 employees across various staff levels and disciplines throughout the business may be affected as the company sets out to restructure its workforce to... 


Wesizwe expects to report 170% to 190% increase in full-year EPS
Wesizwe expects to report 170% to 190% increase in full-year EPS
6th May 2026 By: Sabrina Jardim

JSE-listed Wesizwe Platinum expects to report earnings per share (EPS) of between 8.58c and 11.03c for the financial year ended December 31. That represents an increase of between 170% and 190% on... 


Image of Bakubung mine
Bakubung Platinum Mine project, South Africa – update
3rd April 2026 By: Sheila Barradas

Wesizwe Platinum has adopted a new production strategy to enhance long-term value. 


Wesizwe Platinum expects interim earnings growth
27th March 2026 By: Creamer Media Reporter

JSE-listed Wesizwe Platinum Limited has advised shareholders that it expects significant growth in its interim results for the six months ended June 30, 2025. The company expects earnings per share... 


The Bakubung platinum mine
Wesizwe working to publish its delayed interim, full-year results in March and April
27th February 2026 By: Marleny Arnoldi

JSE-listed Wesizwe Platinum has informed shareholders that it will publish its interim financial statements for the six months ended June 30, 2025, between March 15 and March 31, to allow for... 


The Bakubung mine
Wesizwe to release interim results in January
6th November 2025 By: Creamer Media Reporter

Owner and developer of the Bakubung platinum group metals mine in South Africa's North West province Wesizwe Platinum says it expects to release its financial results for the six months ended June... 


The Bakubung mine
Wesizwe progressing infrastructure key to Bakubung's ramp-up
30th October 2025 By: Creamer Media Reporter

JSE-listed Wesizwe Platinum, which is developing the Bakubung mine in South Africa's North West province, says it continues to make progress in advancing key underground infrastructure needed for... 


An image of Wesizwe shaft two
Wesizwe shares still suspended
20th October 2025 By: Tasneem Bulbulia

Trading in Wesizwe Platinum’s shares remains suspended, with the company saying it continues to engage actively with the JSE. “The company remains committed to achieving full compliance with the... 


Bakubung mine shaft at sunset
Wesizwe accelerates underground operations with key projects ahead of schedule
8th October 2025 By: Darren Parker

JSE-listed Wesizwe Platinum has reported significant progress in the ramp-up of its underground mining operations at the Bakubung platinum mine, in the North West province, with key infrastructure... 


An image at Bakubung
Wesizwe’s expenditure costs rise, losses widen
30th September 2025 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum’s Administration expenditure for the year ended December 31, 2024, increased by R70.2-million to R98-million from R27.8-million year-on-year. Provision for legal claims... 


Wesizwe’s core project is the Bakubung platinum mine in South Africa
Wesizwe expects to report widened losses
26th September 2025 By: Sabrina Jardim

JSE-listed Wesizwe Platinum has informed shareholders that it expects to report a loss a share of between 12.78c and 12.94c for the year ended December 31, 2024, representing a widening on the loss... 


An image of the Bakubung platinum mine in South Africa
Wesizwe appoints Banhu Zhang CEO, augments board
22nd August 2025 By: Tasneem Bulbulia

Banhu Zhang has been appointed CEO and executive director of JSE-listed Wesizwe Platinum, with effect from August 21. Moreover, Daqiang Pang, Yulong Tian and Kaiyu Kang have been appointed... 


An image of Wesizwe's shaft 2
Qing Yu steps down from Wesizwe Platinum board
13th August 2025 By: Tasneem Bulbulia

Qing Yu has decided to step down from her position as a nonexecutive director of JSE-listed Wesizwe Platinum with immediate effect. The board has extended its appreciation to Yu for her commitment... 


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