The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
Platinum mining companies forecast a deficit in demand for the metal over the next few years
The announcement comes just weeks after competitor Northam inked a deal to acquire up to 33.3% of Royal Bafokeng Platinum
The investment company has insulated its shareholders against the resource’s price swings while looking towards a more sustainable future
The miners are in a comfortable position as the world creeps towards a lower-carbon future
On Monday, Mcebisi Jonas became an non-executive director for Northam Platinum and investment management company Sygnia
Northam Platinum has done “fantastically” compared with other platinum mines.
The platinum miner seeks to up its production in expectation of a deficit on platinum supply from 2018 onward.
Meetings have resumed between Amcu and major platinum mines, but analysts are divided about whether an end to the three-month strike is in sight.
The strike-hit miner has fallen out of favour with Investec Assest Management but Coronation Fund Managers like the prospects of the platinunm sector.
At least 70 000 Amcu members plan to down tools at the country’s biggest platinum mines on Thursday.
The NUM has rejected a 0.5% increase in Northam Platinum’s wage offer, says the union.
The NUM is battling for survival – and its leaders are deferring to their members’ expectations.
NUM members from Northam Platinum have marched to their employer’s offices demanding better wages and the resignation of CEO Glyn Lewis.
The company has issued a letter warning workers and the union it may have to cut jobs as it continues to lose millions to industrial action each day.
The biggest union in the platinum sector can now strike with a 48-hour notice after rejecting a pay increase offer from the platinum giant.
The wage strike at Northam Platinum in Limpopo continues after workers rejected a revised offer, says the National Union of Mineworkers.
Members of the NUM are set to march to Northam Platinum in Limpopo to hand over a memorandum of grievances to management, says the union.
Following strikes over the weekend, the National Union of Mineworkers says it will meet to discuss a revised wage offer tabled by Northam mine.
