Valterra platinum mine Reason and effect The purpose of this special resolution number 4 is to change the name of the company to Valterra Platinum Limited as recommended by the board of the company. […] Feb 29, 2024 · IMPALA Platinum (Implats) may backtrack on an agreement with unions and the department of trade and industry not to restructure shafts bought in last year’s takeover of Royal Bafokeng Platinum (RBPlat). Le premier producteur Oct 26, 2023 · CORONATION, one of South Africa’s largest asset managers, has pulled out of the country’s platinum group metal (PGM) sector, saying that miners were likely to misallocate capital by keeping unprofitable mines open for longer than they should. Commenting in a production update on Monday evening, the platinum group metals producer said production for the period came in at 434,977 ounces, an increase year-on-year of 10. AFRICA. My career in mining dates back to 2000, when I joined Anglo American plc as a finance manager. For Anglo American, this move is part of a broader strategy to focus on commodities deemed essential for future growth, particularly copper and iron ore, which are integral to various industrial applications Mar 24, 2025 · Anglo American Platinum, also known as Amplats, will be changing its name to Valterra Platinum, subject to necessary shareholder approval. The mine has been closed since July 20. 7%): particularly copper (14. Nkwe Platinum mine started fencing an area at Mandagshoek where it will keep its mining equipment, it added. It will raise the curtain on Platreef, a 100,000 ounces a year platinum group metals (PGMs) mine near Mokopane. If there is no correction in price, as strategic as it (the mine) is, we will have to put it on care and maintenance,” he said at the London Indaba conference earlier this month. RCL. 6 million ounces produced in 2019; - platinum (17. Coronation’s head of South African equity research, Nicholas Hops, is quoted as saying in an article by BusinessLive […] [miningmx. This comes ahead of its unbundling from parent company Anglo American. 8%): 1. […] The SADC Mining & Construction Magazine is your premium industry news platform, reaching a number of online subscribers from the resources sector and associated industries. It said up to 571 employees of its total 761 staff complement could be affected by a restructuring in terms of Section 189 of the […] Mar 20, 2025 · Anglo American Platinum, one of South Africa’s most iconic mining companies, is preparing to change its name to Valterra Platinum, pending shareholder approval at its upcoming annual general meeting (AGM) on May 8, 2025. As of November 24, the mining industry had recorded 41 fatalities compared to 44 the same period a year earlier, said the Minerals Council. […] Jan 25, 2022 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. SADC Mining & Construction Magazine is done both in digital and print formats every three months (4 issues per year) with a print run of 18,000 copies per Mar 25, 2025 · New products, innovations and world-class technologies at Electra Mining… August 15, 2024 Nov 27, 2023 · THE jobs bloodbath in South Africa’s platinum group metal (PGM) sector worsened on Monday after Wesizwe Platinum said it planned to restructure its “bloated” Bakubung mine in North West province. 1bn. Discover real-time Valterra Platinum Limited ADR (ANGPY) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. Powerworks offers a specialized range of lifting solutions, including our Powerlift, Hydralift, Yak, and Mammut models, each designed specifically to handle the demanding requirements of open cast haul trucks, articulated dump trucks, and underground mining Jan 7, 2022 · THE listing of Sedibelo Platinum Mines (SPM) is back on the radar after one of its shareholders, Gemfields, simplified the structure through which it held shares in SPM. 8%): 0. 45% stake in Sedibelo Platinum Mine. SADC Mining & Construction Magazine is done both in digital and print formats every three months (4 issues per year) with a print run of 18,000 copies per Aftermarket RV Products OEM RV Products RV Videos Links to Other Brands in the Valterra Family of Products Locate a Valterra Dealer Aug 29, 2024 · IMPALA Platinum (Implats) CEO Nico Muller said he was “anxiously waiting” on a US interest rate cut as it would be a boost to languishing platinum group metal (PGM) prices. NORTHAM Platinum reported a 3. By contrast, Lonmin has taken a far more positive outlook on platinum prices. But Muller Mar 5, 2025 · THE platinum market is heading towards another major deficit this year while above-ground stocks of the metal fall to only four months’ worth of cover. 9% stake in Valterra Platinum to manage "flowback" (shares sold off by investors not interested in a standalone PGM entity). Mar 24, 2025 · Unki Mine’s Parent Company Amplats Proposes Name Change to Valterra Platinum NEWS March 24, 2025 Zimbabwe's third-largest platinum group metals (PGM) producer, Unki Mine's parent company, Anglo American Platinum (Amplats), has proposed a name change to Valterra Platinum as part of its plans to spin off into a standalone unit, Mining Nov 1, 2023 · SIBANYE-Stillwater has taken 100% control of Kroondal Platinum Mines (KPM) after bringing forward an agreement to buy the 50% stake of its joint venture partner Anglo American Platinum (Amplats). Mar 20, 2025 · JSE-listed Anglo American Platinum (Amplats) will hold its AGM on May 8 and has proposed changing its name to Valterra Platinum. 6% for the six months ended December. SADC Mining & Construction Magazine is Aug 9, 2023 · SYLVANIA Platinum today unveiled a new joint venture that will add chrome production to the platinum group metals (PGMs) portfolio and increase PGM output. Feb 4, 2025 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. This was revealed by the company in its notice given to shareholders of its annual general meeting (AGM), set to be held on 8 Mary 2025. Mar 20, 2025 · ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade in Johannesburg under its new name of Valterra Platinum. The group has formally applied to the UK’s Financial Conduct Authority for the admission of its entire […] Mar 20, 2025 · The world’s top producer of platinum group metals (PGM) by volume expects to be hived off parent company Anglo American Plc by June as the global mining giant narrows its focus to energy Mar 21, 2025 · Amplats to trade as Valterra Platinum from May 28 By: Mining mx ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade in Johannesburg under its new name of Valterra Platinum. This year, however, comes what many think is Ivanhoe’s biggest test. The change in mining approach at Tharisa mine is also partly driven by the deterioration of PGM prices which fell 26. 3 Kt produced; - other (8. 3 days ago · Anglo American Platinum, one of South Africa’s biggest mining groups, is preparing to list on the London Stock Exchange (LSE) under a new name — Valterra Platinum — as it finalises its separation from parent company Anglo American. According to the JP Morgan analysts, “in our view this asset (Marula) might be slipping into the a “non-core’ category – though we must stress that May 15, 2017 · LONMIN was studying the feasibility of reopening shafts that could yield between 200,000 to 250,000 ounces a year of platinum group metals (PGM), roughly a third of current production. Although demand for […] Mar 20, 2025 · JSE-listed Anglo American Platinum (Amplats) will hold its AGM on May 8 and has proposed changing its name to Valterra Platinum. Including third party metal purchases, total production for the […] Jan 23, 2025 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. 8%): 22. Nov 19, 2024 · In mining, where reliability, safety, and efficiency are crucial, Powerworks stands out as the leading provider of advanced hydraulic jacks. Now known as Impala Bafokeng, the RBPlat assets are losing money, partly because the new Styldrift mine is operating at 70% of productive capacity […] Jul 15, 2021 · Amplats wanted Nkwe Platinum to conduct its mining operations at Ga Ratau and Leolo village where it has rights, according to a report by the SABC. The agreement, which includes a “significant” cash compensation and a plan on future procurement that will benefit the […] Aug 30, 2024 · SOUTH Africa would be unable to sustain 3. That agreement, signed in January 2022, had a number of conditions precedent of which one was the delivery of 1. Cette décision fait suite à une scission ayant abouti à la création de la nouvelle Feb 16, 2024 · Its mining, smelting, and refining operations are based in South Africa. The name is a portmanteau of Value and Terra, Latin for earth. to Valterra Platinum Limited, with a new JSE share code of VAL and abbreviated name of Valterra. That means that […] Dec 18, 2023 · IMPALA Platinum (Implats) has suspended production at two shafts at its newly acquired Bafokeng Rasimone Platinum Mine as workers staged an underground sit-in. Mar 20, 2025 · JSE Sens ANGLO AMERICAN PLATINUM LIMITED - Notice of AGM, Posting of IAR and Name Change 2025/03/20 11:00:00 Download PDF Stock report Notice of AGM, Posting of IAR and Name Change Anglo American Mar 20, 2025 · Anglo American Platinum (Amplats) has proposed to change its name to Valterra Platinum ahead of its planned spin-off into a standalone unit, the company said on Thursday. The reason is the grim state of the platinum market which Dunne says makes it “very unlikely […] Apr 30, 2024 · INVESTORS continued to influence platinum group metals (PGMs) in Impala Platinum’s (Implats’) third quarter resulting in volatile pricing, the firm’s CEO Nico Muller said in a production update on Monday. About 2,205 employees remained underground at BRPM’s north and south shafts after launching the illegal action earlier on Monday. 4 million ounces produced; - nickel (2. The 2022 Mine Health and Safety Statistics reported that 49 mineworkers died on the job in 2022 compared with 74 in 2021 and 60 in 2020. “The mine was, through its ‘on-off’ history, an almost permanent resident near the top of the industry cost curve. com] – NKWE Platinum said its Garatau project, which is based on farms on the eastern Bushveld currently being contested by African Rainbow Minerals (ARM), had met with expectations “in all parameters” without disclosing details. Mar 25, 2025 · The demerger of Anglo American Platinum into Valterra Platinum represents a significant realignment within the global mining landscape. Demand from Implats’ contractual customers was “robust” despite macroeconomic and geopolitical uncertainty, he said. The name change is part Mar 24, 2025 · As Valterra Platinum, Amplats has promised to pay 40% of headline earnings while cutting costs R4bn this year and then between R1bn to R1. Gross sales break down by family of products as follows: - rhodium (43. Whilst South African mines produced meaningful quantities of the PGM suite of metals, North American orebodies were dominant in palladium followed by lesser quantities of platinum. dwte ilwtbphv cean prrhg zpvzkcw nxztw hztosae bffi mqvsiqj axcw syd mklq wncoc jomlg cnkhva
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