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PGM PRODUCERS: Sibanye-Stillwater: Conclusion of S189 consultation process at the Marikana operations

  • Date: 16-01-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) advises that the consultation process with relevant stakeholders in terms of Section 189A (S189) of the Labour Relations Act, 66 of 1995 (LRA), regarding the proposed restructuring of its Marikana operation and associated services (previously Lonmin), as previously announced on 25 September 2019, has been concluded.

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PGM PRODUCERS: Sibanye CEO on Marikana restructuring, PGM outlook & self-generation of power

Sibanye-Stillwater says it managed to save about 500 jobs from the projected 5,270 it initially planned. The CEO Neal Froneman joins CNBC Africa for more.

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PGM PRODUCERS: Sibanye cuts fewer jobs than planned in Marikana restructuring

JOHANNESBURG (Reuters) - South African miner Sibanye-Stillwater (SGLJ.J) said on Thursday it has concluded a consultation process that reduced the number of proposed job cuts as it restructures the loss-making Marikana operations it acquired last year.

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PGM PRODUCERS: Global Precious MMI: PGMs make gains after South Africa outages

Palladium and platinum prices received a boost last month after outages at South African mines, MetalMiner’s Stuart Burns explained.

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PGM PRODUCERS: Stage 6 Load shedding, downpours hurt Tharisa

JOHANNESBURG - Tharisa Minerals, the JSE-listed family-owned chrome and platinum group metals (PGM) producer, said on Friday that heavy downpours and Stage 6 load shedding had affected output in the quarter to the end of December 2019.

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PGM PRODUCERS: Tharisa: PGMs recovered at 82.2% with production of 34.4 koz

Tharisa CEO Phoevos Pouroulis says: “A solid operational performance from mining and processing lead to a stable quarter despite the adverse impact of weather, and the well-publicised Eskom power shortages,”

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PGM PRODUCERS: No festivities for Sibanye Stillwater mineworkers as retrenchments begin

As the festive season is almost at its peak, it’s doom and gloom for many Sibanye Stillwater mineworkers. The mine has started retrenching some of its employees at its Marikana operations in Rustenburg in North West.

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PGM PRODUCERS: Tharisa Minerals: Vision 2020 on the cusp of realisation

Tharisa Minerals is on the cusp of delivering its Vision 2020 strategy, which entails the delivery of a number of optimisation and growth projects. CHANTELLE KOTZE writes.

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