Platinum giant South Africa forced to look into abyssGold industry has been dying slowly for years. As covid-19 undercuts the already fragile case for investment, platinum mines may be next.Bloomberg News | August 11, 2020 | 7:34 am
Nornickel co-owner: shareholder agreement is a relic of the pastThe agreement gave shareholders additional tools to control Nornickel, including…Reuters | August 10, 2020 | 9:18 am
Russian Arctic peoples appeal to Elon Musk for Nornickel boycottGroup of indigenous people asked Tesla Inc’s Elon Musk to…Bloomberg News | August 7, 2020 | 7:50 am
Northam Platinum and South Africa’s NUM union sign 3-year wage deal South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members. Reuters | October 2, 2018 | 10:57 am
South Africa’s mining industry growth hindered by precious metals performance — PwC Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase. Cecilia Jamasmie | October 2, 2018 | 10:00 am
South Africa’s latest mining charter: what’s new and who wins New Mining Charter seeks to reduce uncertainty and boost investment in the sector. Bloomberg News | October 2, 2018 | 9:46 am
Sibanye -Stillwater, Lonmin still committed to merger after competition watchdog decision Sibanye and Lonmin said in a joint statement they remained fully committed to the deal, which is expected to close by the end of the year. Reuters | September 18, 2018 | 11:41 am
South Africa imposes tough conditions on Sibanye-Lonmin deal The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth. Cecilia Jamasmie | September 17, 2018 | 9:25 am
How Anglo quietly built a commodity trader in Glencore’s shadow In just five years, Anglo assembled marketing operations that now sell more metals than the company produces. Bloomberg News | September 16, 2018 | 7:46 am
Top platinum mines keep digging even as price at decade low Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount. Bloomberg News | September 15, 2018 | 1:33 pm
South Africa’s Implats CEO confident of funding during restructuring Implats is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss. Reuters | September 13, 2018 | 10:34 am
Russia’s Potanin returns 2 pct in Norilsk Nickel to Abramovich -sources The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel. Reuters | September 10, 2018 | 11:42 am