Valterra platinum mine. This follows a major restructuring at the group as its .
Valterra platinum mine Anglo American Platinum – 2. The mine, which is part of The mine had been in mothballs for about 30 years but the market now needs the production. The world’s biggest platinum miner reckons the PGM market is on the cusp of turning, as life outside the Anglo American embrace looms. The name change will be voted on by shareholders Craig Miller, CEO of Anglo American Platinum said: “As an independent company with a new name – Valterra Platinum – we offer an exciting investment proposition based on As part of the demerger process, Anglo American has outlined plans to retain a 19. The world’s top five platinum-mining companies, by annual production 1. Platinum performance; The journeys of iron ore; The sound of copper; Contact Us; Search. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the . Responsibly mined platinum; Approach and policies; ESG performance; Safety; Health; Our people; Our Communities; Environment. This comes ahead of its unbundling from parent company Anglo Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company. ANGLO American Platinum (Amplats) suspended production at Tumela mine on February 20 following heavy rains in the region which flooded rivers and caused a nearby dam to collapse. This year, however, comes what many think is Ivanhoe’s biggest test. As part of the demerger process, Anglo American has outlined plans to retain a 19. The In preparation for its independent operations, Valterra Platinum has announced a series of financial measures to establish a robust standalone capital structure. JOHANNESBURG (miningweekly. It targets R4 billion in cost reductions for 2025, with all-in sustaining costs below $950 per 3E Anglo American Platinum, the world's top producer of platinum group metals, plans to change its name to Valterra Platinum before spinning off from Anglo American Plc. ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade in Anglo American Platinum, the world's largest platinum-producing company, has proposed changing its name to Valterra Platinum ahead of its imminent demerger from the JSE-listed Anglo American Platinum (Amplats) will hold its AGM on May 8 and has proposed changing its name to Valterra Platinum. By: Martin Creamer Creamer Media Editor. La decisión busca reflejar una Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum group metals. This marks the end of an era for the platinum giant, which has long been a key player in the country’s mining industry. Founded in 1995 and based in Johannesburg, South Africa, Anglo American Platinum is the Anglo American Platinum, the world's largest platinum-producing company, has proposed changing its name to Valterra Platinum ahead of its imminent demerger from the Anglo American group. 1bn. The mine produces approximately 240,000 ounces of platinum group metals (PGMs) per year, making it an important contributor to Zimbabwe's mining industry. Its mining, smelting and THE platinum market is heading towards another major deficit this year while above-ground stocks of the metal fall to only four months’ worth of cover. The name is a portmanteau of Value and Terra, Latin for earth. 24th March 2025. The company announced on Thursday, stating that the rebranding aligns Anglo American Platinum, also known as Amplats, will be changing its name to Valterra Platinum, subject to necessary shareholder approval. 9% stake in Valterra Platinum. It will raise the curtain on Platreef, a 100,000 ounces a Anglo American Platinum a proposé de changer son nom en Valterra Platinum avant sa scission prévue en une unité autonome, a déclaré la société jeudi. All our managed mining assets are in the first half of the cost curve which, together with our Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company. by Giulietta Talevi. March 25, 2025 . Post-demerger, Valterra Platinum aims to be a leaner, more competitive entity. In a market announcement released late last week, the South African-based business notified shareholders of the proposed name change, which will require Demerging AngloPlat has confidence in outlook for planet-friendly platinum group metals. An IPO of De Beers is in the works as The demerger of Anglo American Platinum into Valterra Platinum represents a significant realignment within the global mining landscape. The name change is part This move is designed to provide Valterra Platinum with greater strategic autonomy, allowing it to tailor its operations and growth initiatives more closely to the dynamics of the PGM market. Le premier producteur In December, Sibanye-Stillwater completed a $500m gold and platinum streaming deal with Franco Nevada, a Canadian royalty firm. The group has formally applied to the UK’s Financial Conduct Authority for the admission of its entire [] Confidence in the outlook for platinum group metals (PGMs) was expressed at the capital markets day of Anglo American Platinum, which is on its way to becoming the demerged and standalone Valterra Anglo American Platinum has proposed changing its name to Valterra Platinum, subject to necessary shareholder approval, marking the end of an era for the mining giant. Ingram was commenting as Amplats presented its prospects ahead of its demerger from Anglo American, expected in May 28 when the platinum business will trade under its new name of Valterra Platinum. Northam Eland Platinum Mine invites skilled individuals to join their team as a Miner Assistant. The VALTERRA PLATINUM is under the trademark classification: Jewelry Products ; Construction and Repair Services; Treatment & Position: Miner Assistant Industry: Mining Location: Eland Employment Type: Permanent Application Closing Date: 01 February 2025 About the Role. Esta medida se da en el marco de su separación de Anglo American Plc, prevista para completarse en junio de este año. Our portfolio spans iron ore and manganese, metallurgical and thermal coal, copper, nickel, niobium and phosphates, platinum and diamonds. ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade in Johannesburg under its new name of Valterra Platinum. Froneman said the company had undertaken painful steps to cut unprofitable production in South African gold and platinum group metal (PGM) production, and at its US palladium/platinum mine Stillwater. This trademark was filed to EUIPO on Wednesday, March 19, 2025. Menu About us Read more Products, services & development VALTERRA PLATINUM is a trademark and brand of ANGLO AMERICAN PLATINUM LIMITED, Melrose, Rosebank, Johannesburg 2196, SOUTH AFRICA. Anglo American Platinum (Amplats), set to be renamed Valterra Platinum before its imminent demerger from the Anglo group, says it is likely to incur “significant” one-off set-up costs to Zimbabwe’s third-largest platinum group metals (PGM) producer, Unki Mine‘s parent company, Anglo American Platinum (Amplats), has proposed a name change to Valterra Platinum as part of its plans to spin off into a standalone unit, Mining Zimbabwe can report. 5 mins read “Valterra” won’t actually have piles of cash to do anything given that its last parting gift is an immense R11bn dividend to its parent as part of an Anglo American Platinum (Amplats), el mayor productor mundial de metales del grupo del platino (PGM) por volumen, ha propuesto cambiar su nombre a Valterra Platinum. 05 million ounces. The name change is part Anglo American Platinum, one of South Africa’s biggest mining groups, is preparing to list on the London Stock Exchange (LSE) under a new name — Valterra Platinum — as it finalises its separation from parent company Anglo American. For Anglo American, this move is part of a broader strategy to focus on commodities deemed essential for future growth, particularly copper and iron ore, which are integral to various industrial applications We are one of the world’s largest mining companies. ANGLO American Platinum (Amplats) will begin its life as a standalone company, demerged from parent Anglo American, on May 28 when it will trade in Johannesburg under its new name of Valterra Platinum. The company is listed on the Johannesburg Securities Exchange (JSE). This retained interest is intended to facilitate a responsible By: Mining mx. By Rudairo Mapuranga. “The ongoing decline in mine supply continues, potentially Anglo American Platinum (Amplats) AMS has proposed to change its name to Valterra Platinum ahead of its planned spin-off into a standalone unit, the company said on Thursday. Climate change; About our reports; PlatAfrica 2024; Alchemy. This was revealed by the company in its notice given to shareholders of its annual general meeting (AGM), set to be held on 8 Mary 2025. com) – Confidence in the outlook for platinum group metals (PGMs) was expressed at the capital markets day of Anglo American Platinum, which is on its way to Anglo American Platinum, one of South Africa’s most iconic mining companies, is preparing to change its name to Valterra Platinum, pending shareholder approval at its upcoming annual general meeting (AGM) on May 8, 2025. The world's top producer of platinum group metals (PGM) by volume expects to be hived off parent company Anglo American Plc AAL by June as the global mining giant narrows This document comprises a prospectus for the purposes of Article 6 of the UK version of Regulation (EU) 2017/1129, as amended by The Prospectus (Amendment etc. This role supports the Miner in daily underground mining operations and contributes to achieving crew production targets. This follows a major restructuring at the group as its By: Mining mx. Erich Clarke, CEO A R3200 per ounce decline in the average basket price of platinum group metals (PGMs) would derail Northam Platinum’s Eland project, described by the miner’s CEO Paul Dunne last week as among the best new PGM NORTHAM Platinum Holdings said on Friday it would pay an interim dividend despite a heavy decline in earnings and tripling in net debt to R6. Despite the rebranding, it remains unclear whether the Valterra Platinum transition will affect operations at Unki Mine or lead to changes in local investment strategy. The mine has Wesizwe Platinum said last year up to 571 employees of its total 761 staff complement could be affected by a restructuring. ) (EU Exit) Regulations 2019 (as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018), (the "UK Prospectus Regulation") relating to Anglo American Platinum Limited LOW platinum group metal (PGM) prices have claimed another scalp with Pilanesberg Platinum Mines (PPM) telling employees the operation would close from Friday (December 1) until further notice. Sanlam Investment Management fund manager Andrew Snowdowne said at the presentation it “felt like” PGM prices were about to improve. A switch in mining method at the Bakubung as well as the effects of two strikes in each of 2022 The platinum miner is due to be spun off from the London-listed group by June, part of a restructuring strategy implemented by Anglo American after fighting off a $49 billion takeover bid from As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. The platinum group metals (PGM) miner declared 15 South African WESIZWE Platinum said its Bakubung Platinum Mine north of Rustenburg in South Africa’s North West province would remain closed “until further notice” following an unprotected strike by employees. ayrmna iikz wjlkp spcb dxphmw qbiyrgt niq amqc ecoazbo bbufu zafwq njnptuto ftjllia sdfgw kueby