LATEST NEWS FOR Anglo American Platinum Ltd.  

Anglo American Platinum Ltd. is a member of the Anglo American plc Group and the world's leading primary producer of platinum group metals. Amplats' production accounts for 40% of the world's newly mined platinum. The company is listed on the Johanne... [more info]

Platinum giant say lockdown in SA risks killing mines

14 May 2020 /  Felix Njini, Bloomberg   3
The country's labour-intensive mines need to be at a minimum of 75% to 80% of capacity to be viable, says Sibanye head.

Anglo American to cut capex, costs due to coronavirus impact

UPDATE
23 Apr 2020 /  Tanisha Heiberg, Reuters  
The company said savings would come from cutting costs and delaying non-essential capital expenditure.

As China reopens, Africa’s woes threaten to starve its factories

5 Apr 2020 /  Pauline Bax, Matthew Hill and William Clowes, Bloomberg    3
Factories in China risk running short on supplies as Covid-19 spreads to countries that produce vital raw materials.

More mines declaring force majeure

2 Apr 2020 /  Ciaran Ryan   3
Mines are being forced to declare force majeure, as production winds down due to the lockdown.

SA SME fund in SA to raise more capital

30 Mar 2020 /  Antony Sguazzin, Bloomberg   2
'We are talking to everybody' – fund CEO Ketso Gordhan.

Anglo American Platinum declares force majeure

30 Mar 2020 /  Tanisha Heiberg, Reuters  
On certain supplier contracts after coronavirus lockdown.

Amplats continues repairs on processing facilities despite lockdown

27 Mar 2020 /  Tanisha Heiberg, Reuters  
Mining operations at the open-pit Mogalakwena mine and at the mechanised Mototolo mine would continue on a reduced basis.

US stimulus rallies the JSE

25 Mar 2020 /  Larry Claasen  
Impact of $2trn package to offset the economic damage wrought by Covid-19 felt on local bourse.

South African mining sector braces for coronavirus lockdown

25 Mar 2020 /  Tanisha Heiberg, Reuters  
Furnaces, underground mines to go on 'care and maintenance'.

Rand, stocks sink as coronavirus pummels markets again

18 Mar 2020 /  Olivia Kumwenda-Mtambo and Emma Rumney, Reuters  
'The rand is not alone in its losses...Unfortunately the rand being as liquid as it is, it's being caught up in the foray.'

World’s biggest precious metal industry readies for coronavirus

17 Mar 2020 /  Antony Sguazzin and Janice Kew, Bloomberg  
The platinum group metals industry employs about 164 000 people in South Africa.

JSE plunge: A perfect time for share buybacks?

12 Mar 2020 /  Ann Crotty   7
It’s a tricky business. Success or failure can depend on the time scale used.

It never rains but it pours: Sasol, coronavirus, and now Amplats

UPDATE
9 Mar 2020 /  Ciaran Ryan   17
'Force majeure' shutdown of Amplats' Waterval smelter complex batters its share price.

Anglo American Platinum-aanleg ontplof

6 Mar 2020 /  Moneyweb  
Wilhelm Hertzog – portefeuljebestuurder, Rozendal Partners

Rand weaker after Covid-19’s arrival in SA

5 Mar 2020 /  Melitta Ngalonkulu   1
Reflecting worldwide fears of a pandemic and possible global recession.

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