Northam Offers Workers 4.6% Pay Raise
Reuters Africa reports that Northam Platinum (JNB:NHM) offers workers a 4.6% pay raise to open negotiations with South Africa's trade union.
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NUM begins wage talks with Northam Platinum
Tuesday, June 14, 2011
Mining Weekly reports that the National Union of Mineworkers is demanding an across-the-board wage increase from Northam (JNB:NHM).
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Northam Platinum May Need a Smaller Bond, Credit Facility for Booysendal
Monday, February 28, 2011
Bloomberg reported that Northam Platinum (PINK:NMPNF) may have a smaller funding requirement for the Booysendal project than previously expected.
Platinum’s future eludes analysts
Wednesday, January 28, 2009
Platinum showed extreme volatility in 2008, rising to an all-time high of $2,290 an ounce in March on the back of a power shortage in major producer South Africa, before falling to a five-year low of $732.50 in October.
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Northam says production up 14 % in 4 mts of 2009
Monday, November 17, 2008
South Africa’s Northam Platinum posted a 14 percent rise in output in the first four months of the 2009 financial year despite a heavy drop in global commodity prices. For full story, click here
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After brief retreat, platinum falls again
Tuesday, September 23, 2008
Platinum started the week off on a good note, prices rose more than 3 percent as the greenback weakened and a renewed optimism on platinum’s future market returned to analysts.
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Northam to boost platinum production
Thursday, August 21, 2008
Northam Platinum has bought the Booysendal platinum project in a move that will boost production of platinum group metals to more than 700,000 oz a year by 2015. Derek Wolstenholme, Corporate Finance Manager at Northam Platinum, told Reuters: Production would be “slightly more” than double what it is now. For more information, click here For company’s website, click [...]
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Friday, July 1, 2011