Anglo American Platinum (Amplats) continued its exit from noncore assets by finalising the sale of its remaining stake in the Bafokeng Rasimone Platinum Mine (BRPM) joint venture for nearly R2.2bn. Amplats was the partner in BRPM with Royal Bafokeng …
Anglo American Platinum’s (Amplats’) subsidiary Rustenburg Platinum Mines (RPM) has completed the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (JV) to Royal Bafokeng Platinum (RBPlat) and Royal Bafokeng Resources (RBR). …
SA’s platinum miners have benefited from strong performances in the suite of platinum group metals they produce, most notably palladium, the price of which has surpassed that of gold and platinum because of a yawning supply deficit that shows no signs of …
Anglo American Platinum on Thursday said it expects a 20 percent increase in full-year earnings, helped by an increase in the rand basket price and improved operational performance. Last year the world's largest platinum producer reported headline …
Platinum miner Anglo American Platinum (Amplats) expects its basic earnings and basic earnings per share (EPS) for the 2018 financial year to be at least 20% – about R302-million or 149c a share – higher than that of the prior financial year. Basic …
JOHANNESBURG (miningweekly.com) –The Japanese trading giant Mitsubishi has thrown its weight behind technologies that harness the high-performance characteristics of platinum group metals (PGMs) by joining Anglo American Platinum (Amplats) and South Africa …
JOHANNESBURG - Anglo American Platinum said on Wednesday its wholly-owned subsidiary Rustenburg Platinum Mines (RPM) had completed the disposal of its 33 percent interest in the Bafokeng Rasimone Platinum Mine joint venture after all conditions for the …
Anglo American Platinum (Amplats) on Tuesday said its production guidance would change from January 1, 2019, as Sibanye-Stillwater’s platinum group metals material would no longer be bought as concentrate, but toll treated, with the refined metal returned …
“Many of our peers still think of the business as a volume industry and getting costs down by producing more, and that volume will always be there rather than investing in creating demand,” Griffith says. “Frankly what you should do is cut back on other …
At the Longjia Jewellery Exhibition Site in Shenzhen where platinum and gold jewellery is sold wholesale to retailers, the challenge posed by the latter is clearly evident. While the array of platinum jewellery beneath the long rectangular counter is vast …
Anglo American Platinum (Amplats) will be hosting an investor and analyst visit to China on November 12, during which the platinum miner intends to showcase the demand for platinum group metals (PGMs). The visit will focus on the growth of fuel cell …
With the world’s current energy system reliant on carbon-intensive fossil and other fuels, with the associated negative impact on climate change and global warming, Anglo American Platinum (Amplats) believes there is a decarbonised alternative in the form …
Amplats also finalised the buyout of Kagiso Platinum Venture’s 9.8% stake in the venture for R267m. One of the quick tasks Amplats will tackle is a low-cost “de-bottlenecking”, a range of tweaks to improve the efficiencies of the Mototolo concentrator, …
The Bench Marks Foundation (BMF) wants the department of mineral resources to revoke Anglo American Platinum Corporation’s (Amplats) mining licence if the company does not set a new timetable to address the housing needs of its workers.060506 Releasing the …
Platinum miner Anglo American Platinum (Amplats) on Wednesday announced that the contract with joint venture (JV) company Zizwe Batlase for the provision of strip-mining services at the Amandelbult Complex has been extended. Zizwe Batlase is 51% owned by …
Following the signing of new regulations that limit the amounts of sulfur (SO2) that mining operations are allowed to emit, Anglo American Platinum (JSE: AMS) decided to implement a new technology at its platinum smelter facility in Polokwane, northern …
JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) mining company Anglo American Platinum (Amplats) said on Thursday that it had completed acquisition of the Mototolo joint venture (JV), which has become a wholly owned asset of the company. The …
JOHANNESBURG - Anglo American Platinum (Amplats) on Tuesday appointed Norman Mbazima as non-executive director with immediate effect. This as Andile Sangqu, executive head of Anglo American South Africa, stepped down as a non-executive director of Amplats …
Anglo American Platinum (Amplats) has again revised its full-year platinum group metal (PGM) production guidance upwards and now expects to produce between 5.1-million and 5.2-million ounces on the back of robust third-quarter production. The company …
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