Anglo Platinum has invested in renewable energy but ignored the local community’s proposals for socially-owned clean energy
The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’
Efforts to reposition the business to mitigate the downturn ‘do not go far enough’, says the company’s chief executive Craig Miller
Africa must capitalise on the shift to renewable energy, and process its minerals instead of just exporting them
The mining industry is riding a wave that will eventually crash, analysts warn
The miners are in a comfortable position as the world creeps towards a lower-carbon future
Estimates hint that the scaling down of work in response to Covid-19 will result in a sharp drop in production in April and by 4.5% for the year
Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last
The agreement could lay the foundation for a showdown in the platinum sector ahead of further negotiations
She feared being moved away from the land she loved and the only home she had ever known
Jobless residents who were dependent on the shuttered Bokoni mine are battling to survive. They have now asked the government to step in
The land is their connection to those who came before them, which they hold in trust on behalf of their children, their children’s children and beyond
As Anglo disposes of its Rustenberg mines, other companies are betting that the troubled metal will yield dividends further down the line.
Despite tough times of late for South Africa’s platinum sector the Public Investment Corporation is betting on the precious metals’ comeback.
The gold miner is interested in buying troubled platinum operations but has found Anglo American to be moving at a slower-than-anticipated pace.
The platinum mining giant was able to fulfill its contracts despite a devastating five-month long strike which wiped out its profits.
Ahead of the release of its full earning report, Anglo American Platinum said it expects it finances were adversely affected by industrial action.
Pay cheques are in but many business owners will struggle to recover from the five-month platinum mine wage dispute.
Following a report that Ngoako Ramatlhodi holds a stake in Amplats’s BEE partner, the minister says he is busy resigning from his mining interests.
Retrenchments in the platinum mining sector are now all but inevitable, say labour experts.
