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PLATINUM

RBPlat COO resigns, Carr to take over

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Nico Muller Platinum mining company Royal Bafokeng Platinum (RBPlat) on Monday announced that its COO Nico Muller would resign from the company and board of directors, effective October 1. “Nico played a pivotal role within the organisation and was...
1st September 2014
 
 
PLATINUM

Wesizwe expects narrowed half-year losses

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JSE-listed Wesizwe Platinum on Monday said that it expected its basic and headline loss a share for the six months ended June 30 to be more than 20% lower than that of the prior corresponding period. Wesizwe expected a basic and headline loss a...
1st September 2014
 
 
LEGISLATIVE ENVIRONMENT

Mineral beneficiation, industrialisation key to development – Finance Minister

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Finance Minister Nhlanhla Nene The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and...
29th August 2014
 
 
Platinum

Sustainable accommodation for SA mineworkers

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WALLED OFF
Lepa’s lightweight construction panels are designed to keep rooms cool in summer and warm in winter
Operational campsite design specialist Akhani Group has signed an agreement with alternative housing solutions provider Lightweight Energy Panels Africa (Lepa) in June to market and distribute Lepa’s lightweight construction panels. The panels...
29th August 2014
 
 
RING OF FIRE

Ontario creates Ring of Fire Infrastructure Development Corporation

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Minister of Northern Development and Mines Michael Gravelle The Ontario government on Thursday announced that it had established the Ring of Fire (RoF) Infrastructure Development Corporation, first mooted in November last year. The provincial government said the not-for-profit corporation’s headquarters...
28th August 2014
 
 
PLATINUM

Implats defers production target, reviews capex, ups new technology plans Video Available

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Terence Goodlace and Martin Creamer Strike-impacted platinum-mining company Impala Platinum (Implats) has deferred its 850 000 oz Rustenburg production target, is reviewing its capital expenditure (capex) programme intensively and is going all out to ramp up its post-strike restart...
28th August 2014
 
 
PLATINUM

Platinum ETF listed on BSE

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Barclays Africa’s platinum-backed exchange-traded fund (ETF), NewPlat, was listed on the Botswana Stock Exchange (BSE) on Wednesday, giving investors in that country direct exposure to platinum in pula. The ETF, which was listed on the JSE in...
27th August 2014
 
 
PLATINUM

Sylvania falls into red in FY14

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Aim-listed Sylvania Platinum fell back into the red during the financial year ended June 30, as impairments weighed on profitability. The group, which had pulled itself back into profitability in the 2013 financial year, posted a net loss for the...
26th August 2014
 
 
 
 
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