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PGM PRODUCERS: Life’s good for Implats

Cash generation is so strong at Impala Platinum (Implats) that the company may not need bridging finance in order to complete the $758m purchase of Toronto’s North American Palladium (NAP) it first announced – to much surprise – on 7 October.

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PGM PROJECTS: Is there a mine in the future for Marathon?

  • Date: 16-10-19
  • Category: PGM PRODUCERS
  • Source: Northern Ontario Business

A base metal company wants to explore the mine potential of its property near the north shore of Lake Superior.

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PGM PRODUCERS: Royal Bafokeng Platinum secures R2.1bn in cash-streaming agreement

Royal Bafokeng Platinum (RBPlat) has struck a R2.1bn deal to deliver gold to mining financier Triple Flag, the proceeds of which will be used to settle the costs of its recent acquisition of Bafokeng Rasimone Platinum Mine (BRPM).

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PGM PRODUCERS: RBPlat to settle Amplats debt following R2.1bn gold streaming deal with US investment firm

ROYAL Bafokeng Platinum (RBPlat) has sold gold by-product from its platinum group metal (PGM) operations to US investment firm Triple Flag for $145m in cash – enough to settle its outstanding debt with Anglo American Platinum (Amplats).

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PGM PRODUCERS: Tharisa, Karo platinum venture Phase 1 complete

European headquartered integrated resource group Tharisa Plc, says Phase 1 of its platinum joint venture project with Karo Resources has been completed.

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PGM PRODUCERS: 'This cannot continue', says AMCU after another fatality at Sibanye-Stillwater

Another fatality has occurred at Sibanye-Stillwater's Thembelani shaft in Rustenburg, according to the Association of Mineworkers and Construction Union (AMCU).

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PGM PRODUCERS: Pilanesberg Platinum Mine: Crushing its targets

Situated on the Western Limb of South Africa’s Bushveld Complex, the open cast Pilanesberg Platinum Mine has delivered 10 years of steady PGM production build up.

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PGM PRODUCERS: Tharisa in reset mode, output down but not out

JOHANNESBURG – JSE-listed Tharisa Minerals on Tuesday told investors that its output fell in the year ended in September compared to the prior year after shaking up its mining operations.

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