BRITS POS - BRITS - The National Union of Mineworkers (NUM) has declined to sign the three-year wage agreement with Anglo American Platinum (Amplats), saying last Tuesday that it took a conscious and deliberate decision because the deal did not benefit the mineworkers in the platinum belt.

To read the full story, read our 11 November 2016 issue.

BRITS POS - BRITS - Anglo American Platinum (Amplats) on Friday announced that it has signed a three-year wage agreement with AMCU), retrospectively effective from 1 July.

To read the full story, read our 4 November 2016 issue.

BRITS POS - BRITS - Profit margins at platinum mines dropped to 8,5% in 2016 from 9% in 2015 remaining at levels too low to be sustainable according to the latest report highlighting trends in the SA mining industry.

To read the full story, read our 28 October 2016 issue

BRITS POS - BRITS - Northam Platinum has agreed to buy mineral resources from Amplats for R1-billion, that will enable it to extend the economic life of its Zondereinde mine by 10 years to 30 years.

To read the full story, read our 21 October 2016 issue.