Implats targets sub-par RBPlat as metal prices expose “fundamental weaknesses”
IMPALA Platinum (Implats) CEO Nico Muller played down the need to cut production or scale back projects amid the drastic slide in platinum group metal (pgm) prices, but he said…
PTM sees off Africa Wide challenge that R1bn sale of Maseve was without consent
PLATINUM Group Metals (PTM) has seen off a second legal challenge brought against it by Africa Wide Mineral Prospecting and Exploration (Africa Wide), a subsidiary of Wesizwe…
PTM reduces debt to $3m after redeeming $20m worth of convertible notes
PLATINUM Group Metals (PTM) is to repurchase $20m worth of convertible senior notes first issued in 2017. The platinum group metal (PGM) development firm said on Thursday that it…
RBPlat sets quarterly PGM production record despite the Covid-19 pandemic
ROYAL Bafokeng Platinum (RBPlat) produced a quarterly record 127,000 ounces of platinum group metals (PGM) in the September quarter following an improved performance at the…
RBPlat to pay R1.5bn dividend on record interims but revises full year PGM output down
THE cash keeps rolling in for South Africa’s platinum group metal (PGM) producers. Royal Bafokeng Platinum (RBPlat) today announced record interim profits owing to a healthy lift…
Mike Jones resigns as CEO of Platinum Group Metals
MIKE Jones, the long-serving CEO of Platinum Group Metals (PTM), and a seemingly permanent fixture of South Africa’s junior mining sector has resigned from the company, it was…