R/€ = 16.26 Change: -0.01
R/$ = 14.53 Change: 0.00
Au 1345.58 $/oz Change: 1.42
Pt 803.20 $/oz Change: 5.94


AMCU seeks basic wage of R17 000 for members in platinum sector 

By: Simone Liedtke     14th June 2019 The Association of Mineworkers and Construction Union on Friday announced that it would seek a monthly basic wage of R17 000 for its members when platinum wage discussions get under way later this month. The union represents about 60 000 members in the South African platinum sector. 

Defence blasts Ipid for shoddy investigation after Marikana shooting in 2012

By: African News Agency      14th June 2019 The police watchdog, Independent Police Investigative Directorate (Ipid) did not properly followed its mandate in its investigations of the Marikana 2012 massacre, the North West High Court heard on Thursday.  "I put to you that Ipid did not do its job as prescribed in the act, if you did your... 

Commissioning of tin concentrate dryer finalised

By: Mc'Kyla Nortje     31st May 2019 South Africa-based furnace and kiln manufacturer Thermopower Furnaces commissioned a tin concentrate dryer at tin mine developer Alphamin Resources’ Bisie tin mine, in the Democratic Republic of Congo, in March. Thermopower director William Oldnall tells Mining Weekly that the rotary dryer is... 

Sibanye-Stillwater plans to resume dividend payments in 2020

By: Reuters     16th May 2019 Higher prices for industrial precious metals palladium and platinum have boosted earnings at Sibanye-Stillwater, enabling the miner to repay debt and plan to resume dividends next year, its chief executive Neal Froneman said. Sibanye, once the industry's highest dividend payer, last made a... 

$62m Zimbabwe smelter heeds local beneficiation call 

By: Martin Creamer     16th May 2019 The $62-million smelter at Unki Mine’s existing complex is a strategic investment, which meets local beneficiation commitments, Anglo American Platinum said on Thursday, when it opened the completed installation at a ceremony in Shurugwi, Zimbabwe. The smelter investment is indicative of the... 

Buang Moloto

By: Martin Creamer     10th May 2019 This week Mining Weekly features Buang Moloto, the CEO of Linhleko Projects, a company engaged in mineral processing  

Marikana mineworkers case postponed again

By: African News Agency      7th May 2019 Seventeen Marikana mineworkers briefly appeared in the North West High Court, sitting in Mogwase, on Monday. Their case was postponed to October 18, due to an application they made at the High Court in Pretoria to review former National Director of Public Prosecution (NDPP) Shaun Abrahams'... 

Operations resume at Sibanye’s Thembelani shaft 

By: Marleny Arnoldi     3rd May 2019 JSE- and NYSE-listed Sibanye-Stillwater has resumed underground operations at its Thembelani shaft, in Rustenburg, following an incident that resulted in 1 800 workers being held underground on Tuesday. The shaft has now been certified safe for normal hoisting operations.  

Sibanye says platinum mine shaft shut until official inspection

By: Bloomberg     2nd May 2019 Sibanye-Stillwater was ordered to shut down the shaft at its Rustenburg platinum mine where 1 800 workers were trapped for as long as ten hours on Tuesday after an accident with an underground transport system. South Africa’s Department of Mineral Resources issued a so-called Section 54 notice,... 

Implats maintains 2019 guidance despite challenging third quarter 

By: Simone Liedtke     26th April 2019 Against a backdrop of challenges in the third quarter, ended March 31, for platinum miner Impala Platinum, the miner has maintained its market guidance for the full-year. The full‐year refined production for Implats is estimated at between 1.5-million and 1.6-million platinum ounces and, given... 

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