Consulting analysts in tomorrow’s commodities and technologies


SOUTH AFRICA: Risk of platinum wage strike raised as AMCU’s Mathunjwa renews Sibanye-Stillwater hostilities

THE Association of Mineworkers & Construction Union (AMCU) president, Joseph Mathunjwa, waded into familiar territory today, raising the prospect of strike action in South Africa’s platinum sector.

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PGM PROJECTS: Monchetundra Update Sinosteel EPC H1 2019

Eurasia Mining PLC, the palladium, platinum, rhodium and gold producing company, is pleased to provide an update on developments at the Monchetundra Project in the first half of 2019. Eurasia is developing its Monchetundra Project towards production following the issue of a mining permit for the circa 2Moz (2PGE + Gold) palladium dominated deposit (as announced on 20 November 2018).

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PGM PRODUCERS: Northam expects 220% rise in full-year headline earnings

JSE-listed platinum group metals producer Northam Platinum expects to report a more than 220% year-on-year increase in its normalised headline earnings for the financial year ended June 30, to about R1.3-billion.

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WAGE NEGOTIATIONS: South Africa's AMCU union disappointed by Lonmin wage offer

JOHANNESBURG, Aug 13 (Reuters) - South Africa’s Association of Mineworkers and Construction Union (AMCU) is disappointed by a wage offer for workers at Lonmin, which was acquired by Sibanye-Stillwater this year.

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WAGE NEGOTIATIONS: AMCU demands R17,000 salary for lowest paid worker in SA's platinum belt

JOHANNESBURG - President of the Association of Mineworkers and Construction Union (AMCU), Joseph Mathunjwa, said on Tuesday that his union had moved from its R12,500 wage demand in the platinum sector and was now demanding R17,000 for entrance workers, to be achieved over three years.

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BATTERIES: Platinum giant wants to create new battery to replace cobalt, nickel demand

  • Date: 13-08-19
  • Category: BATTERIES
  • Source: Europe Auto News

LONDON/JOHANNESBURG -- The world's top platinum and palladium supplier has an answer to the electric-car boom that may pose a long-term threat to its biggest market: invent a new battery.

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WAGE NEGOTIATIONS: South Africa Union Rejects Implats, Sibanye’s Wage Offers

South Africa’s largest platinum-mining union has rejected initial wage offers from two of the world’s biggest producers and accused Sibanye Gold Ltd. of trying to provoke a strike. Sibanye’s shares plunged.

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PGM PRODUCERS: Northam Platinum well set to make year-end free cash flow numbers standard fare

NORTHAM Platinum is to report record platinum group metal (PGM) production from own operations of 519,954 ounces for the year to end-June whilst sales will increase 23% to about 589,069 oz of PGMs, the company said in a trading update on August 11.

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