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PGM PRODUCERS: Lonmin First Quarter 2019 Production Report and Business Update

Lonmin Plc ("Lonmin" or "the Company"), one of the world's largest primary platinum producers, today announces its unaudited Quarter 1 2019 production results for the three months to 31 December 2018 and provides an operational update.

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PGM PRODUCERS: Northam post record operating profit

Northam is pleased to announce that it expects to report a record operating profit for an interim period amounting to R1.0 billion for the six month ended 31 December 2018, representing an increase of 204.3% from the comparative prior period (H1 F2018: R338.8 million). Earnings before interest, taxation, depreciation and amortisation (EBITDA) is expected to increase to R1.1 billion for the interim period (H1 F2018: R532.8 million), representing an EBITDA margin of 22.6%.

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PGM PRODUCERS: Implats expects higher H1 output, earnings a share

  • Date: 04-02-19
  • Category: PGM PRODUCERS
  • Source: Research Channel

JSE-listed Impala Platinum (Implats) expects to report a 10% year-on-year increase in refined platinum production to 800 000 oz for the six months ended December 31, compared with the 727 000 oz produced in the six months ended December 31, 2017.

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PGM PRODUCERS: Price and improved operations give Impala Platinum choices about how best to implement its restructuring plans

An improved price for the metals Impala Platinum produces has given it flexibility in how it pursues its restructuring, a process to which the board has an unswerving commitment, says CEO Nico Muller.

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PGM PRODUCERS: Lonmin 2018 Annual Report

Lonmin is a primary producer of Platinum Group Metals (PGMs). These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery. Saleable by-products from our PGM mining include gold, copper, nickel and chrome.

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PGM PRODUCERS: Sylvania delivers despite challenging quarter

  • Date: 31-01-19
  • Category: PGM PRODUCERS
  • Source: Research Channel

Despite a number of challenges, Sylvania Platinum’s Sylvania Dump Operations (SDO) produced 14 907 oz of platinum, palladium, rhodium and gold (4E) during the second quarter ended December 31, 2018. Late summer rains had resulted in make-up water boreholes on the western limb of the Bushveld Complex drying up. As a result, the Lesedi operation had no process water for 20 days.

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PGM PRODUCERS: North American Palladium Releases 2018 Production Results, Reports Continued Operational and Safety Improvements and Provides 2019 Guidance

  • Date: 28-01-19
  • Category: PGM PRODUCERS
  • Source: North American Palladium

TORONTO, Jan. 28, 2019 (GLOBE NEWSWIRE) -- North American Palladium Ltd. (“NAP” or the “Company”) (TSX:PDL) (OTC PINK:PALDF) today announced production results for the year and fourth quarter ended December 31, 2018 and provided production guidance for 2019.

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PGM PRODUCERS: Amcu gears up for secondary strike at Sibanye's platinum operations

  • Date: 14-01-19
  • Category: PGM PRODUCERS
  • Source: Independent Online

The Association of Mineworkers and Construction Union (Amcu) on Monday, gave notice of its intention to embark on secondary strike action at Sibanye-Stillwater's platinum operations around Rustenburg in support of the current strike at the mine's gold operations on the West Rand and in the Free State.

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