Latest News & Developments
metal
Northam falls on JSE after R800m loss from RBPlat share deal
Northam Platinum plunged 8. 1% in opening trade on the JSE yesterday as investors responded negatively to the company’s R800 million loss on its disposal of Impala Platinum shares, following the world number two PGM miner’s mandatory offer to Royal Bafokeng Platinum shareholders.
Amplats headwinds – restructuring may affect 3 700 jobs
Anglo American Platinum (Amplats) is restructuring its operations which could result in the loss of 3 700 jobs and closure of the Mortimer smelter.
Three nabbed with chrome worth R80,000 in Limpopo
The three suspects were arrested after routine patrols uncovered the chrome they were transporting.
Ban on scrap metal: informal traders continue to collect and sell metal despite ban
We found a scrap metal collector dismantling a car with a hammer and chisel to get metal to sell for cash, and he agreed to speak to IOL.
Scrap metal ban: My business will not survive the six months
“I’m going to have to let one of the guys go now and maybe in a month or two I will have to let another guy go,” said entrepreneur Riaan van den Berg.
Ban of scrap metal: Informal traders to be hardest hit
About 300 000 people, whose primary income is derived from the collection of scrap metal, will feel the brunt of the ban.
Scrap metal ban may not be a panacea for illicit copper trade
OPINION: The crime of cable theft is not occurring in a vacuum; there are reasons many are committing these crimes, writes Zelna Jansen.