Wesizwe Platinum to cut 70% of staff as it abandons phased ramp-up plan
Wesizwe Platinum will cut about 497 of its 706 employees as it scraps a phased ramp-up at its Bakubung mine in favour of jumping directly to 3.5 million tonnes a year of ore.
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Platinum Week: analysts split on whether the rally can keep doubling
At London's annual Platinum Week, the World Platinum Investment Council warned against expecting another price doubling, while analysts highlighted AI-linked data storage and green hydrogen as emerging demand sources.
Tharisa secures fiscal stability deal with Zimbabwe for $545m Karo project
Tharisa reached agreement with Zimbabwe's government on fiscal stability terms for its $545m Karo Platinum project, including a 15% corporate tax rate and the right to remit dollars to service project debt.
