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Anglo American Platinum Sees No Impact On FY Refined Production Guidance Due To Stoppage Of ACP Phase B For Repairs Of Water Leak
Anglo American Platinum Says Ramping Up ACP Plant To Restart Refined PGM Production
Anglo American Platinum Says Qtrly Total PGM Production Down 7%
Anglo American Platinum Limited is a producer of platinum group metals (PGMs). The Company produces reside in three areas: Platinum Group Metals, such as platinum, palladium, rhodium, iridium, ruthenium, osmium; base metals, such as copper, nickel, cobalt sulfate, sodium sulfate, chrome, and precious metals, such as gold. The mining operations of Amplats consist of managed mines, joint venture mines and associate mines across South Africa and Zimbabwe. These mines extract ore from Merensky and Upper Group 2 (UG2) reefs, the Platreef and Main Sulphide Zone. Its managed mines consist of three mines stretching from the Western Limb to the Eastern Limb of the Bushveld complex in South Africa. The Company's Unki Platinum Mine is located 21 kilometers southeast of the town of Shurugwi on Zimbabwe's Great Dyke. The Mototolo Mine is situated in Limpopo, Mototolo, which is 30 kilometers west of the town of Burgersfort.
55 Marshall Street, Marshalltown
Norman Bloe Mbazima
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Executive Head - Processing
Executive Head - Corporate Affairs
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* ANGLO AMERICAN PLATINUM RAMPS UP ACP PLANT TO RESTART REFINED PGM PRODUCTION
* BOARD HAS AGREED TO POSTPONE AGM TO THURSDAY 25 JUNE 2020 Source text for Eikon: Further company coverage:
South African miner Anglo American Platinum Ltd's (Amplats) first quarter production fell 6 percent, hit by problems at power supplier Eskom, operational challenges and ore stockpiling in the same period the year before.
Anglo American Platinum <AMSJ.J> 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.
* SOUTH AFRICA'S COMPETITION TRIBUNAL - APPROVES RUSTENBURG PLATINUM MINES ACQUISITION OF GLENCORE OPERATIONS SOUTH AFRICA’S INTEREST IN MOTOTOLO JV
* CONSIDERATION FOR TRANSACTION COMPRISES AN UPFRONT CASH PAYMENT, WHICH AT 30 JUNE 2018 IS ESTIMATED TO BE R0.8 BILLION
World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals (PGMs), the company said on Tuesday.
South Africa's Anglo American Platinum has invested $100 million in two venture capital funds focused on increasing demand for platinum group metals, it said on Tuesday.
The following bids, mergers, acquisitions and disposals were reported by 2231 GMT on Wednesday:
World No. 1 platinum producer Anglo American Platinum (Amplats) <AMSJ.J> said on Wednesday it had raised 390 million rand ($31 million) after the sale of most of its stake in smaller black-owned rival Royal Bafokeng Platinum <RBPJ.J>.
Zimbabwe must offer foreign miners a consistent legal framework, the right to keep a controlling stake in operations and a greater share of profits to encourage investment, the head of Anglo American Platinum <AMSJ.J> said.
A South African tribal leader has agreed to a more transparent structure for a 175 million rand ($14 million) community trust funded by Anglo American Platinum (Amplats), a move that aims to curb unrest around the firm's most profitable mine.
* Universal Insurance Holdings, Inc. announces impact from recent hurricanes
South Africa's Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations west of Johannesburg, the company said on Monday.
Toronto-based Atlatsa Resources <ATL.TO> has agreed with joint venture partner Anglo American Platinum (Amplats)<AMSJ.J> to place its Bokoni mine in South Africa on care and maintenance as part of a restructuring plan.
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