Edition:
United States

Anglo American Platinum Ltd (AMSJ.J)

AMSJ.J on Johannesburg Stock Exchange

46,763.00ZAc
20 Nov 2018
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-1,165.00 (-2.43%)
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Latest Key Developments (Source: Significant Developments)

Atlatsa Announces A Further Annual General Meeting Date Extension
Friday, 21 Sep 2018 06:45am EDT 

Sept 21 (Reuters) - Atlatsa Resources Corp ::ATLATSA ANNOUNCES A FURTHER ANNUAL GENERAL MEETING DATE EXTENSION.ATLATSA - ACTIVELY ENGAGED IN FINALIZING TERMS OF PHASE 2 OF 2017 RESTRUCTURE PLAN WITH ANGLO AMERICAN PLATINUM.ATLATSA RESOURCES - ANNUAL GENERAL MEETING OF SHAREHOLDERS NOW TO BE HELD BY NO LATER THAN DEC 31.  Full Article

Anglo American Platinum's Finance Director Ian Botha To Step Down
Friday, 21 Sep 2018 04:40am EDT 

Sept 21 (Reuters) - Anglo American Platinum Ltd ::JSE: AMS - RESIGNATION OF IAN BOTHA - FINANCE DIRECTOR.ANGLO AMERICAN PLATINUM LTD - IAN WILL CONTINUE TO SERVE IN HIS CURRENT ROLE UNTIL 2018 ANNUAL RESULTS ARE RELEASED ON 18 FEBRUARY 2019.ANGLO AMERICAN PLATINUM LTD - BOTHA WILL BE RELOCATING ABROAD TO PURSUE OTHER CAREER OPPORTUNITIES.ANGLO AMERICAN PLATINUM LTD - NOMINATIONS COMMITTEE OF BOARD WILL COMMENCE PROCESS TO IDENTIFY A SUITABLE SUCCESSOR.  Full Article

Anglo American Platinum Says HY HEPS 1,282 Cents, Revises Up FY Production Outlook
Monday, 23 Jul 2018 02:01am EDT 

July 23 (Reuters) - Anglo American Platinum Ltd ::HY NET SALES REVENUE OF 33,491 MILLION RAND VERSUS 27,305 MILLION RAND YEAR AGO.FOR FY CAPITAL EXPENDITURE GUIDANCE REMAINING BETWEEN R4.7 BILLION TO R5.2 BILLION.HY HEPS OF 1,282 CENTS.FOR FY UNIT COST IS EXPECTED TO BE INLINE WITH PREVIOUS MARKET GUIDANCE OF R19,600-R20,200 PER PLATINUM OUNCE PRODUCED..BOARD APPROVED A DIVIDEND OF R3.74 PER SHARE ON 19 JULY 2018.PLATINUM MARKET IS LIKELY TO REMAIN IN A SMALL SURPLUS IN NEXT FEW YEARS, WITH SUPPLY OUTWEIGHING DEMAND.FOR HY TOTAL PGM PRODUCTION FROM JOINT VENTURES INCREASED 10% TO 607,200 PGM OUNCES (H1 2017: 550,100 PGM OUNCES).TOTAL PGM PRODUCTION WAS UP 4% TO 2,583,800 OUNCES IN H1 2018.AUTOMOTIVE PLATINUM DEMAND TO REMAIN WEAK, AND NOT EXPECTED TO BE COMPLETELY OFFSET BY RISING INDUSTRIAL DEMAND FOR METAL.H1 2018 PLATINUM PRODUCTION WAS UP 4% TO 1,233,400 OUNCES.H1 2018 PALLADIUM PRODUCTION INCREASED 5% TO 813,200 OUNCES.TOTAL PLATINUM SUPPLY IS EXPECTED TO REMAIN LARGELY UNCHANGED YEAR-ON-YEAR IN 2018.PRIMARY PRODUCTION OF PLATINUM IS FORECAST TO DECLINE MARGINALLY IN 2018 TO 6.05 MILLION OUNCES.PLATINUM DEMAND IS EXPECTED TO FALL SLIGHTLY IN 2018.FY PGM PRODUCTION GUIDANCE (METAL IN CONCENTRATE) WILL BE 4.85 - 5.10 MILLION PGM OUNCES.DUE TO A STRONG OPERATIONAL PERFORMANCE IN H1, CO REVISES UP ITS PRODUCTION OUTLOOK FOR FULL YEAR.  Full Article

Anglo American Platinum Acquires Glencore's 39 Pct Stake In Mototolo Joint Venture
Monday, 23 Jul 2018 02:00am EDT 

July 23 (Reuters) - Anglo American Platinum Ltd ::ACQUIRES GLENCORE'S 39% INTEREST IN MOTOTOLO JOINT VENTURE.CONSIDERATION FOR TRANSACTION COMPRISES AN UPFRONT CASH PAYMENT, WHICH AT 30 JUNE 2018 IS ESTIMATED TO BE R0.8 BILLION.CONSIDERATION FOR DEAL IS ON A CASH FREE BASIS.WHILE ADDITIONAL CONSIDERATION IS NOT YET DETERMINABLE IT IS ESTIMATED TO BE C.R1 BILLION BASED ON CURRENT SPOT PRICES.  Full Article

SA's National Union of Mineworkers Signs 3-Yr Employee Share Option Scheme Deal With Anglo Platinum Mine
Friday, 20 Jul 2018 07:21am EDT 

July 20 (Reuters) - South Africa's National Union of Mineworkers (NUM)::SIGNED A THREE YEAR an EMPLOYEE SHARE OPTION SCHEME (ESOP) aGREEMENT WITH ANGLO PLATINUM MINE.AGREEMENT WAS REACHED YESTERDAY, PARTIES AGREED ON A TOTAL QUANTUM OF R24,000.  Full Article

Anglo American Platinum Revises FY Platinum Production Guidance By Up To 4.85-5.10 Mln Ounces
Thursday, 19 Jul 2018 02:00am EDT 

July 19 (Reuters) - Anglo American PLC ::ANGLO AMERICAN PLATINUM - QTRLY TOTAL PGM PRODUCTION OF 1,294,700 OUNCES, INCLUDING PLATINUM PRODUCTION OF 619,600 OUNCES.ANGLO AMERICAN PLATINUM LTD - FOLLOWING STRONG QUARTER PRODUCTION, FULL YEAR PGM PRODUCTION GUIDANCE HAS BEEN REVISED BY UP TO 4.85-5.10 MILLION OUNCES.ANGLO AMERICAN PLATINUM LTD - Q2 OWN MINED PGM PRODUCTION INCREASED 11% TO 586,300 OUNCES DUE TO CONTINUED EXCEPTIONAL PERFORMANCE FROM MOGALAKWENA.ANGLO AMERICAN PLATINUM LTD - Q2 REFINED PGM PRODUCTION INCREASED MARGINALLY BY 1% TO 1,159,600 OUNCES.ANGLO AMERICAN PLATINUM LTD -Q2 PGM SALES VOLUMES INCREASED 9% TO 1,386,000 OUNCES DUE TO STRONG PRODUCTION.  Full Article

Anglo American Platinum Sees HY HEPS 1,249 Cents - 1,302 Cents Per Share
Monday, 16 Jul 2018 02:00am EDT 

July 16 (Reuters) - Anglo American Platinum Ltd ::UPDATED TRADING STATEMENT FOR SIX MONTHS ENDED 30 JUNE 2018.HY HEPS LIKELY TO INCREASE TO BETWEEN 1,249 CENTS AND 1,302 CENTS PER SHARE.BASIC EARNINGS IN CURRENT PERIOD IMPACTED BY IMPAIRMENT OF R0.6 BILLION (POST-TAX) RELATING TO DISPOSAL OF 33 PCT HOLDING IN BRPM JV.  Full Article

Wesizwe Platinum Says Indresen Pillay Resigns From Board
Friday, 6 Jul 2018 06:07am EDT 

July 6 (Reuters) - Wesizwe Platinum Ltd ::DIRECTOR RESIGNATION FROM THE BOARD OF THE COMPANY.INDRESEN PILLAY HAS RESIGNED FROM BOARD OF COMPANY WITH EFFECT FROM 31 JULY 2018.PILLAY RESIGNED BECAUSE HE WILL NO LONGER BE REPRESENTING ANGLO AMERICAN PLATINUM.  Full Article

Anglo American Platinum Accepts Offer From Royal Bafokeng Platinum To Purchase 33 Pct Interest In BRPM JV
Thursday, 5 Jul 2018 02:00am EDT 

July 5 (Reuters) - Anglo American PLC ::ANGLO AMERICAN PLATINUM ACCEPTS AN OFFER FROM ROYAL BAFOKENG PLATINUM TO PURCHASE ITS 33% INTEREST IN BRPM JV.TOTAL PURCHASE CONSIDERATION OF R1.863 BILLION.UPFRONT PURCHASE CONSIDERATION WILL BE SETTLED ON COMPLETION DATE OF TRANSACTION BY A CASH PAYMENT.DEFERRED CONSIDERATION WILL BE PAID IN THREE EQUAL TRANCHES AFTER 1.5 YEARS, 2.5 YEARS AND 3.5 YEARS FROM COMPLETION DATE.PURCHASE CONSIDERATION WILL BE USED BY ANGLO AMERICAN PLATINUM FOR CAPITAL AT ITS OWN-MANAGED MINES AND PROJECTS.  Full Article

Anglo American Sees Minas-Rio Iron Ore Operation Ramping Up In Q4
Tuesday, 24 Apr 2018 02:00am EDT 

April 24 (Reuters) - Anglo American Plc ::UPDATE ON INSPECTION OF ITS MINAS- RIO IRON ORE PIPELINE IN BRAZIL, AND EXPECTED TIMELINE FOR OPERATIONS TO RESTART.EXPECTATION IS MINAS-RIO IRON ORE OPERATION WILL BEGIN TO RAMP UP IN Q4 2018, RESULTING IN $300 - 400 MILLION REDUCTION IN CO'S EBITDA FOR 2018.MAJORITY OF MINAS-RIO EMPLOYEES CONTINUE TO BE DEPLOYED ACROSS OPERATIONS IN BRAZIL."CURRENTLY WORKING WITH OUR UNIONS TO AGREE APPROPRIATE TERMS FOR ABOUT 35% OF OUR EMPLOYEES AT MINAS-RIO WHO WILL BE ON AN EXTENDED PERIOD OF LEAVE".  Full Article

BRIEF-Rustenburg Platinum Acquisition Of Glencore SA's Stake In Mototolo JV Gets SA Competition Tribunal Nod

* SOUTH AFRICA'S COMPETITION TRIBUNAL - APPROVES RUSTENBURG PLATINUM MINES ACQUISITION OF GLENCORE OPERATIONS SOUTH AFRICA’S INTEREST IN MOTOTOLO JV