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LATEST Platinum Group Metals  

Amcu says workers may back wage offers

7 Nov 2019 /  Felix Njini, Bloomberg
Union says minor outstanding issues need to be resolved.
2

Platinum giant wants in on batteries to ease electric car threat

13 Aug 2019 /  Rupert Rowling and Felix Njini, Bloomberg
EVs are forecast to make up 57% of overall car market by 2040.

Miners to deliver tax windfall after metals rally

2 Aug 2019 /  Felix Njini, Bloomberg
Royalty payments to increase by almost 70% for listed mining companies.
1

Amplats continues on the path to recovery

23 Jul 2019 /  Adriaan Kruger
Interims show the ongoing success of its restructuring since the dark days of 2015 when the platinum group posted huge losses.

Platinum giants eye Sibanye’s gold mining deal as wage yardstick

18 Jul 2019 /  Felix Njini, Bloomberg
Sibanye Gold’s agreement, to increase worker pay by 5.5%, is viewed as a good proxy for possibilities in the platinum industry.

Implats to swing back to annual profit

8 Jul 2019 /  Naledi Mashishi, Reuters
An improved platinum metals' basket price and higher sales volumes helps miner.

SA platinum mine wage negotiations to start next week

2 Jul 2019 /  Felix Njini, Bloomberg
Amcu is requesting a pay increase of as much as 48% as higher palladium and rhodium prices boost company earnings.

SA platinum giants resist Amcu’s pay demands

27 Jun 2019 /  Felix Njini, Bloomberg
After higher palladium and rhodium prices boost earnings.

The biggest winner from a rise in precious metals

19 Jun 2019 /  Adelaide Changole, Bloomberg
Implats has outpaced 87 global peers with a market value of at least $1bn in 2019, data shows.
2

Fiery unionist strikes cooler tone as platinum talks loom

14 Jun 2019 /  Paul Burkhardt, Bloomberg
'It's a negotiation', Amcu President Joseph Mathunjwa, says

Palladium boom gives South African miners only temporary reprieve

17 May 2019 /  Zandi Shabalala, Reuters
Local miners still face an uphill battle.
1

Military stake stymies $4bn Zimbabwe platinum project

15 May 2019 /  Felix Njini, Antony Sguazzin and Loni Prinsloo, Bloomberg
Plans to build country's biggest platinum mine in question as investors remain weary.
2

Platinum miners brace for labour clash in early Ramaphosa test

14 May 2019 /  Felix Njini and Paul Burkhardt, Bloomberg
Unions to negotiate three-year wage deal this month.

Platinum market is turning a corner as supplies start to tighten

13 May 2019 /  Rupert Rowling, Bloomberg
Prices of the metal mostly used in autocatalysts are off to a good start as investors flock back to ETFs.

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