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PGM PRODUCERS: Royal Bafokeng Platinum Quarterly Review and Production Report

  • Date: 17-04-19
  • Category: PGM PRODUCERS
  • Source: Royal Bafokeng Platinum

Total tonnes delivered to concentrators increased by 17.3% to 862kt with total tonnes milled increasing by 11.6% to 846kt compared to the corresponding 2018 quarter.

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PGM PRODUCERS: Northam places R1.65bn in new notes as existing note maturity draws near

NORTHAM Platinum has completed the private placement of R1.65bn in domestic medium term notes which will be used to settle existing notes that mature from this month.

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PGM PRODUCERS: Wesizwe - changes in mine operational plan

The Wesizwe Bakubung Mine project commenced in 2011 after securing project funding and an equity injection from a major Chinese consortium, CAJIL. The scope of mine development comprises of: all mine surface installations, a main shaft, service shaft and multiple ventilation shafts system, underground flat development around station, all shaft infrastructure, waste development, capital footprint establishment, mine production equipment, process plant, a tailings holding facility and a housing co

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PGM PRODUCERS: Implats Plans to Build Palladium Mine in 2021 on Bullish Outlook

Impala Platinum Holdings Ltd. plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish. Implats, as the second-biggest platinum miner is known, plans to start work on the Waterberg project in South Africa in 2021, Chief Executive Officer Nico Muller said.

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PGM PRODUCERS: Implats pumps cash, slashes debt in applaudable turnaround

A higher platinum group metals (PGMs) rand basket price boosted by increases in palladium, rhodium and nickel resulted in an applaudable operational and financial turnaround by Impala Platinum (Implats) in the six months to end December.

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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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