Bloomberg reported South Africa’s economic growth in the first quarter will probably be slower than forecast after weak mining and manufacturing production, and retail sales data, Finance Minister Pravin Gordhan said.
Reuters reported Impala Platinum (JSE:IMP) has said rival unions have clashed at its mine in South Africa.
Mining Weekly reported Northern Shield (TSXV:NRN) has firmed up a joint venture agreement with Impala Platinum (JSE:IMP) regarding the Idefix property.
Reuters reported Impala Platinum's (JSE:IMP) Zimbabwe unit Zimplats reported a 170 percent jump in third-quarter profit on Monday, buoyed by higher platinum prices.
Bloomberg reported Impala Platinum's (JSE:IMP) Zimbabwe unit is on track to begin building its platinum refinery.
Reuters reported a South African trade union is threatening to halt operations at Impala Platinum (JSE:IMP) again after walking out of talks.
Mining Weekly reported Impala Platinum (JSE:IMP) has struck a deal with Zimbabwe to receive fair cash compensation for meeting the 51% indigenization law.
Reuters reported Zimbabwe has finally agreed to Implats' (JSE:IMP) and Aquarius Platinum's (ASX:AQP,LSE:AQP) respective plans to nationalize ownership.
Bloomberg reported Impala Platinum's (JSE:IMP) Zimbabwe unit may face total nationalization if it doesn’t meet the government’s two-week deadline.
Tuesday saw the reversal of a six-month trend where gold prices were higher than platinum prices.
Get our independent commentary on platinum trends and companies delivered to your inbox.
