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PGM PRODUCERS: Implats finalises NAP bridging facility ahead of December 4 shareholder vote

SHAREHOLDERS of North American Palladium (NAP), the Toronto-listed company for which Impala Platinum (Implats) bid $758m, are to vote on the proposed cash transaction on December 4.

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SOUTH AFRICA: Amcu signs platinum deal and plans for new battle

  • Date: 26-11-19
  • Category: SOUTH AFRICA
  • Source: Fourways Review

The Association of Mineworkers and Construction Union (Amcu) finally signed the wage deal with platinum producers after four months of negotiations but vowed that the battle against job losses in the industry is about to begin.

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WAGE NEGOTIATIONS: AMCU leader blasts mining bosses with Bible verses

The Association of Mineworkers and Construction Union says it has not been able to reach a resolution with two major mining companies about wages, and has referred the matter to dispute resolution body the Commission for Conciliation, Mediation and Arbitration.

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SOUTH AFRICA: District Development Model: Ramaphosa launches service delivery action plan in Waterberg

  • Date: 26-11-19
  • Category: SOUTH AFRICA
  • Source: The South African

Ramaphosa revealed, during his SONA 2019 speech that if one thing was certain regarding South Africa’s service delivery issues, it’s the fact that there is a “lack of coherence in planning and implementation and [this] has made monitoring and oversight of government’s programme difficult”.

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PGM PRODUCERS: Implats to decide if it wants to develop Waterberg project

TSX- and NYSE-listed Platinum Group Metals (PTM) expects its Waterberg joint venture (JV) partners to approve the project’s definitive feasibility study (DFS) next month, while approval of a mining right is also pending.

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ZIMBABWE: Zimbabwe Miners Appeal to Minister Over Power-Supply Failure

  • Date: 26-11-19
  • Category: ZIMBABWE
  • Source: Bloomberg

Zimbabwe’s mining industry has appealed to the government for help, saying output is slumping as the state-owned power company fails to honor electricity-supply contracts.

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PLATINUM: Clear investment case for platinum – Northam

  • Date: 25-11-19
  • Category: PLATINUM
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – The current low price of platinum gives the metal a clear investment case, says Northam Platinum CEO Paul Dunne.

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PGM PRODUCERS: SA miners’ conundrum: palladium and rhodium output poser for platinum

Miners in SA face a conundrum: increasing palladium and rhodium output to take advantage of soaring price risks depressing the already fragile market for sister metal platinum.

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