Amplats sees no immediate rebound in low platinum metals price
Mining News Pro - Anglo American Platinum’s CEO said he expected the low metal prices companies in South Africa are currently grappling with to persist, and he was aligning the business for the possibility that they would not rise for some time.
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Amplats sees ‘softening’ PGM prices after record payout
Mining News Pro - Anglo American Platinum Ltd. said that while platinum-group metals will remain strong in the medium term, they won’t match last year’s levels that brought a record payout of 80 billion rand ($5.3 billion).
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Amplats sells stake in two mines to rival Sibanye-Stillwater
Mining News Pro - Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW), the company said on Monday.
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Amplats expects interim headline earnings to increase to at least R45.5bn
Mining News Pro - Anglo American Platinum (Amplats) expects to report a 560% to 578% year-on-year increase in headline earnings for the six months ended June 30.
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Amplats lifts second-quarter production and refining
Mining News Pro - Platinum group metals (PGM) miner Anglo American Platinum (Amplats) reports that its production for the quarter ended June 30 increased by 59% year-on-year to 1.05-million ounces as a result of a strong recovery in production from all its operations.
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Amplats increases production, sales volumes
Mining News Pro - Despite the negative impact of the second wave of Covid-19 infections in South Africa, platinum group metals (PGMs) miner Anglo American Platinum (Amplats) increased its PGMs production by 7% year-on-year to 1.02-million ounces in the first quarter of this year.
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Amplats lowers refined output guidance as ACP Phase B unit is shut for a full rebuild
Mining News Pro - Platinum group metals (PGMs) producer Anglo American Platinum (Amplats) has decided to shut down the Anglo Converter Plant (ACP) Phase B unit once again to undergo a full rebuild in the new year, after a series of continued water leaks that threaten a safe operating environment and the integrity of the plant.
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Amplats` third-quarter PGMs output down 2% y/y
Mining News Pro - By the end of the third quarter, platinum group metals (PGMs) mining company Anglo American Platinum`s (Amplats`) own-managed operations reached 94% of normal capacity.
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Amplats profit drops in H1 2020, sees upswing in H2
Mining News Pro - Anglo American Platinum (Amplats) posted a 7% fall in half-year profit on lower output due to shutdowns caused by covid-19.
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Amplats targets operating at 75% to 80% capacity by year-end
Mining News Pro - Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) expects to ramp up its production to between 75% and 80% of capacity by year-end, CEO Natascha Viljoen said on June 18.
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Amplats shuts PGM unit after water leak
Mining News Pro - Anglo American Platinum has shut down its Phase B unit of the Anglo Converter Plant in Rustenburg after a water leak in the high-pressure cooling section detected on Sunday.
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Amplats temporarily recloses recently re-opened ACP plant
Mining News Pro - Platinum group metals mining and marketing company Anglo American Platinum (Amplats) on Wednesday announced it had temporarily reclosed the processing plant that reopened last month, to ensure an ongoing safe operating environment, safeguard employees and protect the plant’s integrity.
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Amplats ramps up stricken smelter
Mining News Pro - The repair of the stricken Anglo Converter Plant (ACP) Phase B unit has been safely and successfully completed ahead of schedule, Anglo American Platinum (Amplats) said on Monday.
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Amplats continues repairs on processing facilities despite lockdown
Mining News Pro - South Africa’s Anglo American Platinum (Amplats) said on Friday repairs at its processing facilities would continue while operations its underground mines and smelter were curtailed due to a three-week lockdown over the coronavirus.
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Sibanye to provide processing facility to Amplats during force majeure
Mining News Pro - South Africa’s Sibanye-Stillwater, the world’s biggest platinum producer, said on Tuesday it will provide processing facilities at its Marikana operations to a local unit of miner Anglo American that had declared a force majeure.
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Amplats declares force majeure, cuts output forecast
Mining News Pro - Anglo American Platinum, also known as Amplats, has temporarily shut down its Anglo Converter Plant, declared force majeure and cut its 2020 output.
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Impala’s Zimbabwe mine is said to be in talks on Amplats land
Mining News Pro - Impala Platinum Holdings Ltd. is in talks to buy land in Zimbabwe from rival Anglo American Platinum Ltd. as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according to people familiar with the negotiations.
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