Northam Platinum warns of profit fall as low PGM prices persistNortham's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand.Reuters | August 14, 2024 | 9:37 am
Impala Platinum flags $1bn impairments after metal price plungeThe miner will publish its financial results on Aug.29.Reuters | August 7, 2024 | 7:05 am
Nornickel sticks to production outlook despite furnace repairsThe miner reported on Monday a 1% drop in nickel…Reuters | July 29, 2024 | 6:58 am
BHP and Anglo remain split on South Africa as time runs out BHP has until 5 p.m. London on Wednesday to commit to an offer. Bloomberg News | May 28, 2024 | 10:32 am
Sibanye shareholders back conversion of $500 million of bonds to shares Sibanye issued the convertible bonds in November last year, partly to fund the $156 million acquisition of a US-based recycling business. Reuters | May 28, 2024 | 9:08 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand. Bloomberg News | May 27, 2024 | 7:05 am
BlackRock encouraged Anglo to extend talks with BHP Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger. Reuters | May 25, 2024 | 12:37 pm
Nornickel plans to build PGMs refinery in Bahrain Nornickel is the world's largest producer of palladium and a major producer of platinum. Reuters | May 23, 2024 | 3:12 pm
Anglo shareholders say BHP should amend structure or sweeten bid Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners. Bloomberg News | May 23, 2024 | 12:16 pm
Nornickel board proposes no dividend for 2023 results Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023. Reuters | May 23, 2024 | 7:05 am
Anglo American rejects BHP’s third bid, extends deadline Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer. Cecilia Jamasmie | May 22, 2024 | 7:03 am
Anglo’s second largest investor demands BHP bid revision Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline. Cecilia Jamasmie | May 22, 2024 | 3:33 am