Media Announcements


Wesizwe SENS Announcement

04 May 2017

Wesizwe Platinum Limited (Incorporated in the Republic of South Africa) Registration number: 2003/020161/06 JSE share code: WEZ ISIN: ZAE000075859 (“Wesizwe” or “the Company”)   Results of Annual General Meeting The shareholders of Wesizwe (“Shareholders”) are advised that at the annual general meeting of Shareholders (“Annual General Meeting”) held on Thursday,...

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Appointment of Mr. Zhimin Li as the new Chief Executive Officer of Wesizwe Platinum Limited

15 February 2017

MEDIA STATEMENT BY WESIZWE PLATINUM LIMITED 15 FEBRUARY 2017 SUBJECT: Appointment of Mr. Zhimin Li as the new Chief Executive Officer of Wesizwe Platinum Limited Wesizwe Platinum Limited has for the last eight years transcended from an exploration company to a nearly complete junior mining company. We are in the...

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EARLY HANDOVER OF BAKUBUNG PLATINUM MINE (BPM) PROJECT

30 September 2016

WESIZWE PLATINUM LIMITED ANNOUNCEMENTS TO THE SHAREHOLDERS                      30 SEPTEMBER 2016   EARLY HANDOVER OF BAKUBUNG PLATINUM MINE (BPM) PROJECT   Wesizwe Platinum Limited and Aveng Mining (an operating group of Aveng Africa (Pty) Ltd.) entered into an Engineering and Construction Contract in September 2012 for the development of Wesizwe’s...

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Wesizwe Platinum Limited Announces the Appointment of Two new Non – Executive Directors

27 September 2016

Wesizwe Platinum Limited Announces the Appointment of Two new Non – Executive Directors, effective Tuesday, 21 September 2016   Wesizwe Platinum Limited is pleased to announce the appointment of Mr. Li Pengfei and Ms. Zhou Xiaoyin as Non-Executive Directors of the Board. Mr. Pengfei holds a PhD qualification in Industry Economics...

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Wesizwe IT General Manager joins an IT experts' panel of discussion

20 September 2016

Wesizwe IT General Manager joins an IT experts' panel of discussion   “Taking advantage of converged ICT Ecosystems”. This was the topic of discussion at an event aimed at addressing burning issues in the ICT industry. The event was on the 23rd June 2016, at the Africa Pride, Melrose Arch...

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Another giant step for Bakubung Ba Ratheo

31 August 2016

Another giant step for Bakubung Ba Ratheo 25 August 2016 is a date to be remembered for years to come by Bakubung Ba Ratheo under the leadership of Kgosi Solomon Monnakgotla. On this day the community unanimously agreed on the Traditional Leadership structure that was presented and gave the leadership...

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Wesizwe Platinum’s Bakubung Platinum Mine Honours Mandela Day

18 July 2016

Wesizwe Platinum’s Bakubung Platinum Mine Honours Mandela Day Nelson Mandela International Day was launched in recognition of Nelson Mandela’s birthday on 18 July, 2009 via unanimous decision of the UN General Assembly. It is more than a celebration of Madiba’s life and legacy. It is a global movement to honour his...

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Wesizwe presents at The Junior Indaba 2016

07 June 2016

Wesizwe presents at The Junior Indaba 2016 Why Resources, Why Africa, Why Now? That was the theme for this year’s Junior Indaba, held at the Johannesburg Country Club on the 01 – 02 June. The event, aimed at getting junior mining companies, explorers and prospectors, government, business, investors and legends...

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Anonymous leak from Wesizwe database

06 June 2016

06 June 2016 Anonymous leak from Wesizwe database It has come to the company management’s attention that there’s been a data leak allegedly by members of the Anonymous hacker collective. The hackers dumped online data that they claim is from a database obtained from Wesizwe Platinum Limited Servers. Wesizwe acknowledges...

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Bakubung Platinum Mine (BPM) today

11 May 2016

The Bakubung project is on steady progress, with important targets being met, some even ahead of time set to meet them. In 2015 the biggest milestone for both shafts were met in October and November with a completion of vertical shaft sinking on both shafts and the mine has now...

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Wesizwe Platinum Limited Annual General Meeting (AGM)

04 May 2016

The Wesizwe Platinum annual general meeting (AGM) was held on Wednesday, 04 May 2016 at the Holiday Inn in Sandton, with the aim to consider and pass a number of ordinary and special resolutions. The minutes of the previous AGM were adopted and a presentation of the group’s audited annual...

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New milestone reached at Bakubung Platinum Mine

11 December 2015

Work to develop the Bakubung Platinum Mine, located on the Western Limb of the Bushveld Complex, close to Rustenburg in the North West Province, is continuing at a pace. The shaft sinking program at the mine has reached the latest significant milestone with the last vertical blasts on the Main...

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A New Core Business Skills Programme Launches to Prepare Local People for Work in the Mining Sector

05 October 2015

On Friday 31st July, a new core business skills training programme is being launched in Ledig through Bakubung Platinum Mine, at a special event which brings together all key stakeholders in the community. Speaking about this exciting new launch, Ms. Basetsana Ramaboa: Human Resource Executive at Wesizwe Platinum, said: "Bakubung...

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Wesizwe Platinum Limited announces resignation of Chief Operating Officer to pursue personal interests

09 June 2015

Wesizwe Platinum Limited today announces the departure of Mr Paul A. Smith, the company’s Chief Operating Officer, who is leaving with immediate effect to pursue other personal interests. Mr Smith joined Wesizwe in January 2013 and has served the Company up to the 09th June 2015. Mr Smith was a...

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Wesizwe Platinum refutes allegations by Mr D J Phologane on Ledig Community upheavals

13 April 2015

Wesizwe Platinum refutes allegations by Mr D J Phologane on Ledig Community upheavals   The small village of Ledig, just outside of Sun City in the North West Province, saw a rise in community dissent and upheavals over the weekend whereby the print media reported blockages of roads. To quote...

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Fatality announced at Bakubung Platinum Mine

10 April 2015

Fatality announced at Bakubung Platinum Mine   The Management of Wesizwe Platinum Ltd regret to announce a fatality that occurred at its Bakubung Platinum Mine project on 9 April 2015 , when a contractor working as a Stage Hand was fatally injured whilst working on the sinking stage. From the...

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Wesizwe Platinum’s Bakubung Platinum Mine Development On Track as Both Shafts Reach Same Sinking Levels

03 March 2015

Wesizwe Platinum’s Bakubung Platinum Mine Development On Track as Both Shafts Reach Same Sinking Levels   Work to develop the Bakubung Platinum Mine, located on the Western Limb of the Bushveld Complex, close to Rustenburg in the North West Province, is continuing at a pace and is on track as...

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Wesizwe shares findings of the Stakeholder Perception Survey

28 February 2015

Wesizwe shares findings of the Stakeholder Perception Survey In the last quarter of 2014, Wesizwe Platinum commissioned an important stakeholder perception survey to update and expand on its understanding of the local socio-economic situation and to provide essential insights. The research objectives of the survey were to obtain qualitative information...

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ICT at the heart of a paradigm shift in the mining sector

28 February 2015

ICT at the heart of a paradigm shift in the mining sector The prestigious Mining Leaders Africa Summit, held in Cape Town this month, brought together not just industry leaders from across the continent to discuss the challenges facing the industry today, but also top ICT specialists. The reason? The...

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Bakubung Platinum Mine stages a “Women in Mining” empowerment initiative

13 February 2015

Bakubung Platinum Mine stages a “Women in Mining” empowerment initiative Women in the Mining Sector often feel excluded from the industry and that they are not treated equally by their male colleagues - this is according to a study conducted by the Women in Mining South Africa (WiMSA) organisation, in...

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Local community members invited to apply for new Portable Skills Classes from Bakubung Platinum Mine

28 January 2015

Local community members invited to apply for new Portable Skills Classes from Bakubung Platinum Mine   Bakubung Platinum Mine has just announced an invitation to local community members to apply for the latest programme of Portable Skills Classes for 2015.  The new programme recognizes that, over the coming year, Bakubung...

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Wesizwe Platinum Moves Into the Top 12 Ranked Metals and Mining Company List of the Prestigious IRAS Sustainability Data Transparency Index for 2014.

07 November 2014

In the field of environmental, social and governance reporting in South Africa, the annual publication of the prestigious IRAS Sustainability Data Transparency Index (SDTI) is much anticipated.  SDTI refers to the internally developed list of quantitative data points that stakeholders should reasonably expect Johannesburg Stock Exchange (JSE) listed companies to...

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Bakubung Platinum Mine announces its first fatality

07 November 2014

The Bakubung Platinum Mine has just announced its first-ever fatality on the project, which occurred on 17 October, when one of its contractors employed as a Jumbo Operator was fatally injured during the shaft sinking process at the mine.  From a preliminary investigation carried out immediately following the accident, the...

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Bakubung Platinum Mine wins major industry award for its headgear

29 September 2014

Bakubung Platinum Mine has been recognized with a major industry award at the 2014 National Steel Awards for the construction of its impressive headgear. This recognition comes at a good time for Wesizwe Platinum as work continues at a pace, on budget and ahead of the original projected timeline to...

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Bakubung Platinum Mine Plays host to mining engineering students on fact finding visit

28 September 2014

This month, Wesizwe Platinum will be contributing to the future development of mine managers in South Africa when it plays host to a delegation of mining engineering students from the University of Pretoria on a special Student Day at its flagship Bakubung Platinum Mine (BPM) on the 18th of September...

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Wesizwe Platinum – Committed to Sustainable Development

13 October 2014

Wesizwe Platinum – Committed to Sustainable Development(this article was published in the October 2014 edition of Mining CSI magazine) Wesizwe Platinum recognises sustainable development as a strategic business imperative. The company's approach focuses on ensuring the long-term success of its core project, the Bakubung Platinum Mine, whilst at the same...

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Wesizwe Platinum holds its Annual General Meeting

16 July 2014

The annual general meeting of Wesizwe Platinum Limited was held on Tuesday 1 July 2014 at the Holiday Inn in Sandton, with the purpose of considering and passing a number of ordinary and special resolutions. Following the adoption of the minutes of the previous meeting, and a presentation of the...

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Bakubung Platinum Mine Optimisation Study

14 March 2014

The Wesizwe Board of Directors (“Board”) is pleased to announce that the Bakubung Platinum Mine (“BPM”) Optimisation study (“Optimisation Study”) was approved by the Board on 12 March 2014.   Wesizwe originally updated and concluded a definitive Bankable Feasibility Study (“BFS”) in October 2009. This Optimisation Study underpins the current...

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Industry mining analysts visit Bakubung Platinum Mine

23 October 2013

Industry mining analysts visit Bakubung Platinum Mine On 23 October, Wesizwe Platinum welcomed mining industry analysts to its flagship Bakubung Platinum Mine site to see project progress to date Industry mining analysts take a tour around the Bakubung Platinum Mine As part of Wesizwe Platinum’s ongoing investor and stakeholder relations...

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Greening of local schools as part of Arbor Month initiative

23 October 2013

Greening of local schools as part of Arbor Month initiative   Wesizwe Platinum, in conjunction with Food & Trees for Africa (FTFA), will be greening local schools in Ledig and Mahoebieskraal, with their first having taken place on 23 October 2013.   Wesizwe Platinum recognizes the importance of schoolchildren having...

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Bakubung Platinum Mine branding design competition launched for students

20 September 2013

As part of Wesizwe Platinum’s ongoing community outreach programmes to engage young people, particularly young students, the company is launching a new competition inviting talented young design students in the community to help to design a concept for a new corporate logo for the Bakubung Platinum Mine.  The premise of...

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Local young people complete Wesizwe Platinum’s Portable Skills Training Programme

05 September 2013

Local young people complete Wesizwe Platinum’s Portable Skills Training Programme in carpentry and bricklaying  On 23 August 2013, Wesizwe Platinum hosted a graduation ceremony for 55 young people from Ledig, Phatsima and Mahoeskraal who have just completed the portable skills training programme. The training started in June 2013 and was...

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New Training and Development Initiatives Launched

14 April 2013

Wesizwe is currently engaged in the development and roll-out of a number of Human Resource Development initiatives including specialist skills training programmes, internships, bursaries and learnerships.  Here is a small update on what is currently underway and planned for the near future...... Internship Programme Based on Wesizwe’s business requirements, the...

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Celebrating Mandela Day in the Community

14 August 2013

Nelson Mandela made it his life’s work to fight for every South African citizen’s human rights and spent 67 years of his life pursuing this ideal.  In 2009, the United Nations declared 18 July as Mandela International Day and issued a call to action for the world to make a...

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Wesizwe Platinum promotes careers in the mining sector at local Careers Expo

14 August 2013

The opportunity to inform and expose young people to the wide range of careers available in the mining sector was one that was too good to miss for Wesizwe Platinum as the company participated in the Career Expo, held at the Rustenburg Waterfall Mall from 24 to 28 July...

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Wesizwe Platinum’s Annual General Meeting Shareholders approve all resolutions

01 July 2013

At the Annual General Meeting (AGM) of Wesizwe Platinum, held on 1 July 2013 at the Glenhove Conference Centre, 52, Glenhove Road, Melrose Estate, Houghton, Johannesburg, the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the meeting. The ordinary and special resolutions approved included:...

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Ledig schools refurbishment project is officially completed and handed over to the community by Wesizwe Platinum

24 June 2013

On Monday 24 June, following months of substantial refurbishment work coordinated and sponsored by Wesizwe Platinum as part of its Social Labour Plan commitment, eight local schools in the Ledig area were officially handed back to their Principals, but in a much-improved condition. The schools involved in this important community...

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Rich in troubles, poor in substance

13 June 2013

By Mmanaledi Mataboge This article is the copyright of the Mail and Guardian and was originally published in the 7-13 June 2013 edition and is reproduced by kind permission of the newspaper. The Bakubung people are fighting for their money, but it is tearing their community apart Residents of Ledig,...

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Wesizwe launches new Whistleblowing Campaign this Month

20 May 2013

Wesizwe Launches New Whistleblowing Campaign This Month This month will see Wesizwe launching an important new initiative aimed at raising awareness of the problem of fraud and crime in the mining sector and encouraging everyone to help in the fight to eradicate it.  Wesizwe's new Whistleblowing campaign will go live...

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A Unique Chinese/South African Mining Venture Working Towards a Sustainable Mining Future

04 May 2013

The continuing challenge in South Africa's mining sector of addressing Level 1 skills shortages, combined with the need to develop essential core skills to ensure a future pipeline of qualified, experienced and highly skilled people, is one that recent industry entrant, Wesizwe Platinum Limited, has practically addressed over the past...

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Wesizwe Platinum Celebrates Important New Milestone at the Bakubung Platinum Mine - the Main Shaft Headgear Installation

26 April 2013

Wesizwe Platinum's flagship project, the Bakubung Platinum Mine, celebrated an important new milestone on 26 April 2013 – the Main Shaft Headgear Installation, featuring the lifting of the sheave decks and superstructures.  Assembled guests at the milestone event were able to view the unique site of a large lattice boom...

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Wesizwe Platinum Reports on a water shed year for the development of its Bakubung Platinum Mine against the backdrop of the finalization of key project funding

27 March 2013

The Board of Directors at Wesizwe Platinum Limited has today published its integrated report and announced its financial results for the 2012 operating year.  The financial year was dominated by substantial progress made on the development of the Bakubung Platinum Mine located in the Western Limb of the Bushveld Complex...

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Wesizwe announces confirmation of US$650 million loan from the China Development Bank for its Bakubung Platinum Mine project

21 January 2013

Wesizwe Platinum Limited is pleased to announce that the credit committee of the China Development Bank (CDB) has approved the US$650 million loan for the development of the Bakubung Platinum Mine project in November 2012. As part of the loan agreement, CDB and Wesizwe have signed two separate US$100 million...

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A year in review from the CEO’s Desk

01 December 2012

So far, all the surface civils and earthworks have been completed and all our structural construction work is on target with the ventilation shaft and the main shaft winder-houses erected on time. The main shaft sinking started ahead of schedule in September and is on target, with the ventilation shaft...

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Wesizwe announces the winners of its inaugural Achievement Awards

01 December 2012

Her daily efforts to ensure the offices are always clean and welcoming were noticed by many people who nominated her for an award, saying such things as: "She is hardworking, readily available. Goes the extra mile to ensure that the company´s cleanliness is 100% maintained. She is an inspiration to...

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Appointment of company secretary

05 December 2012

In terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Ms Vasta Mhlongo is appointed as Company Secretary of Wesizwe Platinum Limited with effect from 1 January 2013. Vasta is admitted as an Advocate of the High Court of South Africa (2002) and holds a...

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Changes to the Board of Directors

02 November 2012

In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are hereby informed that Nosipho Carol Winifred Molope (“Nosipho”) has been appointed as independent non-executive director and Chairman of the Audit & Risk Committee of the Company with effect from 1 November 2012. After qualifying as...

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Posting of Circular and Notice of General Meeting

25 October 2012

Shareholders of Wesizwe are advised that a circular in relation to the adoption of the Wesizwe Share Plan (“the Circular”) and incorporating a notice of a general meeting (“the General Meeting”) was posted to shareholders today. Accordingly, notice is hereby given that the General Meeting will be held on Thursday,...

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Trading Statement

19 September 2012

In accordance with paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are likely to vary by more than 20% compared to the previous corresponding period...

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Resignation of Special Resolutions

05 September 2012

UPDATE TO SHAREHOLDERS REGARDING THE CONVERSION OF WESIZWE PAR VALUE SHARES TO SHARES OF NO PAR VALUE(“the Share Capital Conversion”), THE ADOPTION OF A NEW MEMORANDUM OF INCORPORATION (“the MOI Adoption”) & THE REGISTRATION OF SPECIAL RESOLUTIONS Shareholders are referred to the announcement released by the Company on 13August 2012,...

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Resignation of Director

28 August 2012

In accordance with paragraph 3.59(b) of the Listings Requirements of the JSE Limited, shareholders are hereby informed that Professor Wiseman Nkuhlu has resigned from his position as independent non-executive director and Chairman of the Audit & Risk Committee of the Company with effect from 27 August 2012, to pursue other...

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New era in stakeholder engagement launched today

24 August 2012

As part of a new and proactive approach to improving stakeholder engagement, Wesizwe is launching the first in a series of exciting new communications platforms today. The Wesizwe Community E-Newsletter and Investor News will be published monthly and available as a free subscription on request to your email or as...

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Change to the Board of Directors

19 July 2012

In accordance with 3.59(b) of the Listings Requirements of the JSE Limited, shareholders are hereby informed of the following changes to the Board of Directors of Wesizwe (“the Board”): the resignation of Professor Robert Garnett as an independent non-executive director of the Company with effect from 19 July 2012. The...

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Change Statement and Notice of Annual General Meeting

12 June 2012

Notice of Annual General Meeting Shareholders are hereby advised that the annual integrated report was posted today, which incorporates the notice of annual general meeting to be held at Glenhove Conference Centre, 52, Glenhove Road, Melrose Estate, Houhgton, Johannesburg on Thursday, 19 July 2012 at 10h00. The date on which...

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Chinese Poised to Boost Stake

13 May 2012

He said Jinchuan will try to assist Wesizwe to reduce these costs and construction times through innovation and reviewing aspects such as mine design, transportation, ventilation and crushing, as well as possibly bringing in some mining engineers from China on a temporary basis. "In China the equipment and people never...

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Wesizwe Eyes Opportunities for Growth

07 May 2012

Wesizwe Platinum, which has a Chinese consortium as its largest shareholder, has signed a number of confidentiality agreements with other platinum groups as it looks for growth beyond the R7,9bn mine it is building near Pilanesberg nature reserve.The Chinese consortium, which includes that country's second-largest metals company, Jinchuan Group, has fully...

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Cost of New Platinum Mine to Rise to R12 BN

04 May 2012

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion.So says Wesizwe CEO Jianke Gao, who was speaking to Mining Weekly in Johannesburg through his interpreter and Wesizwe communications adviser Haiyao Zheng....

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Wesizwe platinum's new mine "smell"

21 April 2012

Johannesburg (Mineweb) The smell of a new car is special, filled with the promise of adventure and forward motion, it is something to savour whilst it lingers. Walking onto Wesizwe Platinum's Bakubung mine site Thursday, this journalist could help notice a similar smell. A "new mine" smell wafted from the...

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New capex figure for Wesizwe's Bakubung mine

04 April 2012

Miningmx article – Andre Janse van Vuuren WESIZWE Platinum has revised the capital budget estimate for the development of the Bakubung platinum mine to R7.9bn, an increase of R1.4bn on earlier estimates, to be funded by the company’s Chinese backers. Wesizwe CEO Jianke Gao told Miningmx on Wednesday the development...

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Reviewed Condensed Consolidated Provisional Financial Results For the year ended 31 December 2011

02 April 2012

Highlights Conclusion of the transaction with China-Africa Jinchuan Investment Limited and Micawber 809 (Pty) Ltd resulting in the subscription of 829 884 460 new ordinary shares for an amount of US$227 million (R1 565,6 million). Development of the Bakubung Platinum Mine (previously known as the Frischgewaagd-Ledig project) officially launched. Development...

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Trading Statement

30 March 2012

In accordance with paragraph 3.4(b) of the JSE Listings Requirements, companies are obligatedto inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are likely to vary by more than 20% compared to the previous corresponding period. The Wesizwe Board of Directors...

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Wesizwe Platinum Appoints Shaft Sinking Contractor For Bakubung Platinum Mine

29 March 2012

Wesizwe Platinum Limited (Wesizwe) has today announced another significant step towards the development of its Bakubung Platinum Mine with the awarding of the shaft sinking contract to Aveng Grinaker-LTA Mining (Aveng Grinaker-LTA). In September 2011, six companies were invited to tender as part of the shaft sinking enquiry for the...

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Statement from the Chairman of Wesizwe Platinum Limited, Ms Dawn Mokhobo

20 February 2012

“On behalf of the Board of Directors of Wesizwe Platinum Limited and all Wesizwe employees, we would like to express our condolences to the family and friends of Mr Arthur Mashiatshidi, the Company’s former Chief Executive Officer who passed away during the early hours of Saturday, 18 February 2012 after...

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Changes to the board and company secretary

20 September 2012

Shareholders are advised that Mr Goleele Mosinyi resigned as a Non-Executive Director of the Company with effect from 17 September 2010 due to other business commitments and time constraints. The Board of Directors wishes to thank Mr Mosinyi for his contribution during his tenure on the Board. Following the announcement...

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Wesizwe CEO decides not to renew contract

04 August 2012

The Board of Directors of Wesizwe Platinum Limited (`Wesizwe Platinum` or `the Company`) has notified its shareholders, with regret, that the Company`s Chief Executive Officer, Mike Solomon, has decided not to renew his contract for a further term. The Board has also announced that with effect from 1 October 2010,...

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Wesizwe Management Presents to Financial Institutions

22 November 2011

Members of the management team of Wesizwe Platinum Limited have today embarked on a programme of investor presentations to various South African financial institutions. Interested parties may access the investor presentation at www.wesizwe.com. Johannesburg 15 November 2011 Sponsor: Investec Bank Limited...

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Appointment of independent non-executive directors

19 October 2011

In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, the Wesizwe Board of Directors is pleased to announce that Prof Wiseman Nkuhlu and Mr Robert (Bob) Garnett have been appointed as independent non-executive directors of the Company with effect from 17 October 2011. Prof Wiseman Nkuhlu...

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Reviewed Condensed Consolidated Interim Financial Information for the 6 months ended 30 June 2011

29 September 2011

Conclusion of the transaction with China-Africa Jinchuan Investment Limited and Micawber 809 (Pty) Ltd resulting in the subscription of 829 884 460 new ordinary shares for an amount of US$227 million. Frischgewaagd-Ledig mine development project officially launched on 4 July 2011. Appointment of new Chief Executive Officer and Finance...

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Changes to the Board of Wesizwe Platinum

19 September 2011

Shareholders are advised that Mr Arthur Mashiatshidi has resigned as a Non-Executive Director of the Company with effect from 19 September 2011. The Board would like to thank Mr Mashiatshidi for his valuable contribution and wishes him well for the future. Johannesburg 19 September 2011 Sponsor: Investec Bank Limited...

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Results of the Wesizwe General Meeting

15 September 2011

Shareholders are hereby advised that the general meeting of Wesizwe shareholders was held today, 15 September 2011, at Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg. All resolutions were approved by the requisite majority of shareholders present in person and by proxy. Johannesburg 15 September 2011 Sponsor: Investec...

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Trading Statement

08 September 2011

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are likely to vary by more than 20% compared to the previous corresponding period. The...

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Management changes at Wesizwe Platinum

23 August 2011

The Board further announces that Mr Mlibo Mgudlwa, the Corporate Affairs Executive Director, has decided to pursue other opportunities and has resigned as an Executive Director. Mr Mgudlwa will remain a Non-Executive Director on the Wesizwe Platinum Board. The Board would like to thank Mr Mgudlwa for his valued contribution...

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Posting of Circular and Notice of General Meeting

14 August 2011

Shareholders are advised that a circular, incorporating a notice of a general meeting to be held on Thursday, 15 September 2011 at 10h00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg, was posted today. The notice of meeting contain the proposed resolutions relating to the financial...

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New Chief Executive Officer at WESIZWE Platinum

02 August 2011

Mr Gao received a Bachelor of Mining from Central-South Institute of Mining and Metallurgy in China in July 1984 and has achieved the qualification of Professor Level Senior Engineer. Since January 2009, Mr Gao served as the General Manager Assistant of Jinchuan Group Limited (Jinchuan) and, before that, as the...

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WESIZWE Announces Date for Official Project Launch

07 June 2011

“The date that has been set provides the benchmark against which future project delivery milestones will be measured. With the financial resources from the capitalisation programme now available, Wesizwe can start in earnest with mine development,” said Acting Joint CEO, Arthur Mashiatshidi. The equity portion (US$227 million) of the funding...

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Results of the Annual General Meeting

05 May 2011

Due to the restructuring of the board as detailed in the announcement released on Sens this morning, ordinary resolution 2.3 regarding the re-election of Mr Rainey as a director of the Company and ordinary resolution 3.2 confirming the appointment of Mr de Wet as the Chief Financial Officer, were withdrawn....

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Fulfilment of Conditions Precedent to the Subscription Agreement

29 April 2011

FULFILMENT OF CONDITIONS PRECEDENT TO THE SUBSCRIPTION AGREEMENT WITH JINCHUAN GROUP LIMITED, CHINA-AFRICA DEVELOPMENT FUND, MICAWBER 809 (PTY) LIMITED AND CHINA-AFRICA JINCHUAN INVESTMENT LIMITED Shareholders are advised that all conditions precedent detailed in the circular to shareholders dated 11 February 2011 and approved by shareholders at the general meeting on...

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First Blast Signals Start of Shaft Sinking Phase at WESIZWE's Bakubung Platinum Mine

26 April 2011

TWP’s involvement with Wesizwe spans back to 2006 when it conducted the prefeasibility study. A full Bankable Feasibility Study (BFS), which was started in February 2007 and completed in June 2008, indicated the Bakubung Platinum Mine (formerly known as Frischgewaagd-Ledig) has the resources to sustain a 35 year life-of-mine (LOM),...

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Results of the Annual General Meeting and General Meeting

09 March 2011

Shareholders are hereby advised that the annual general meeting of Wesizwe shareholders was held earlier today, 9 March 2011, at Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg. Save for Ordinary Resolution Number 2, which was not passed, all the other proposed resolutions included in the notice of...

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WESIZWE Platinum Shareholders Overwhelmingly Approve the Chinese Consortium Investment, and the Company's AGM Successfully Concluded

09 March 2011

Johannesburg, 9 March 2011: Wesizwe Platinum is pleased to announce that at a General Meeting of shareholders held in Johannesburg today, the requisite number of shareholders indicated their approval to implement the transaction agreement between Wesizwe Platinum and Jinchuan Group Limited (Jinchuan), China Africa Development Fund (CADFund) and Micawber 809...

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Platinum Group Metals exercises option to secure an additional 19.25% in Project 1 from Wesizwe for R408million

03 February 2011

Wesizwe Platinum is pleased to announce that following the exercising of an option by Platinum Group Metals (RSA) (Pty) Ltd (“PTM”), a deposit of approximately R408 million has been made into an escrow account on behalf of the Company. In April 2010 Wesizwe received the necessary regulatory approvals required under...

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Adjournment of AGM

19 August 2010

Shareholders are advised that the Wesizwe AGM scheduled for this morning at 10h00 was adjourned in terms of a court order from the South Gauteng High Court, Johannesburg. Shareholders will be advised of developments in due course. The Chairman made the following statement at the AGM: "It is with regret...

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Wesizwe concludes financing transaction with JNMC and the CADFUND

17 December 2010

Wesizwe Platinum is pleased to announce that a total financing solution for the development of the Frischgewaagd-Ledig Project has been concluded with the signing of the transaction agreements between Wesizwe Platinum, Jinchuan Group Limited (“JNMC”), China Africa Development Fund (“CADFund”) and Micawber 809 (Pty) Limited (“Micawber”). In terms of this...

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Renewal of Cautionary Announcement

05 November 2010

Further to the detailed cautionary announcement dated 24 May 2010 and the renewal of cautionary announcement dated 6 July 2010, 17 August 2010 and 29 September 2010, shareholders are advised that negotiations on the formal definitive transaction documents are still progressing and that a final terms announcement including the pro...

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Results and commentary for the six months ended 30 June 2010

28 September 2010

Highlights Negotiations progressing with a Chinese consortium to secure a US$877 million financing package Department of Mineral Resources grants approval enabling the Project Delta transaction to be concluded whereby Wesizwe is now the holder of 100% of theFrischgewaagd-Ledig Project An interim funding facility of R91 million secured from the Bank of...

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Trading Statement

23 September 2010

In line with JSE disclosure requirements, shareholders are advised that the Company expects to report basic earnings per share attributable to ordinary shareholders for the six months ended 30 June 2010 of between 49 cents and 51 cents per share compared to a basic loss per share of 2.55 cents...

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Changes to the board

08 September 2010

Following the announcement on 27 August 2010 confirming the resignation of Mr Mike Rogers, Rustenburg Platinum Mines ("RPM"), has nominated Barrie van der Merwe to act as the representative of RPM on the Board of Directors of Wesizwe ("the Board"). Mr van der Merwe qualified as a Chartered Accountant in...

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Resignation of company secretary

02 September 2010

Shareholders are advised that Routledge Modise Inc practising as Eversheds ("Eversheds"), has given notice that it will be closing its Corporate Governance department. This has resulted in Eversheds tendering its resignation as company secretary of the Company with effect from 30 September 2010. The Board of Directors is scheduled to...

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Changes to the board

27 August 2010

Shareholders are advised that Mr Mike Rogers has resigned as Non-Executive Director of the Company with effect from 25 August 2010. This was necessitated following a conflict of interests that Mr Rogers' has resulting from his appointment to a company with similar interests to Wesizwe. Mr Rogers was the nominated...

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Interim Funding Received

23 August 2010

...

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Renewal of cautionary announcement

16 August 2010

Johannesburg, 17 August 2010: Further to the detailed cautionary announcement dated 24 May 2010 and the renewal of cautionary announcement dated 6 July 2010, shareholders are advised that negotiations on the formal definitive transaction documents are still progressing and that a final terms announcement including the pro forma financial effects...

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Investigation completed into alleged corporate governance issues at Wesizwe

04 August 2010

Wesizwe Platinum Limited ("Wesizwe" or "the Company") today announced that its Board of Directors has accepted the final report from independent auditors, Deloitte & Touche, and the legal firm, Deneys Reitz Attorneys ("the Deloitte and Deneys Reitz reviews") following an investigation into allegations of corporate governance misdemeanours at the Company....

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No change statement and notice of annual general meeting

29 July 2010

Shareholders are advised that the company`s annual financial statements for the year ended 31 December 2009 were posted to shareholders on 16 April 2010 and contain no modifications to the audited results which were published on 31 March 2010. KPMG Inc audited the results and the annual financial statements of...

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Notice to shareholders: Erratum

21 July 2010

Shareholders are hereby requested to take note of an error in the Notice of Annual General Meeting, dated 19 March 2010 ("the Notice of AGM"). The last paragraph below Ordinary Resolution Number 8, as reflected on the first page of the Notice of AGM, currently states: "Ordinary resolution number 2...

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Renewal of Cautionary Announcement

06 July 2010

Further to the detailed cautionary announcement dated 24 May 2010, shareholders are advised that negotiations on the formal definitive transaction documents are progressing and a final terms announcement including the pro forma financial effects is expected to be published once these agreements have been concluded. Accordingly, shareholders are advised to...

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Wesizwe Platinum signs term sheet to secure a US$877 million (R6.6 billion) financial package

24 May 2010

Johannesburg, 24 May 2010: Wesizwe Platinum Limited (“Wesizwe Platinum” or “the Company”) is pleased to announce that it has signed a term sheet with a Chinese consortium, consisting of Jinchuan Group Limited (“JNMC”) and the China- Africa Development Fund (“CADFund”), to provide Wesizwe Platinum with a total financing solution for...

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Protest march by some members of the Bakubung BA-Ratheo community to the offices of Wesizwe Platinum Limited

19 April 2010

Some members of the Bakubung Ba-Ratheo Community marched on Wesizwe Platinum’s offices in Melrose Arch, Johannesburg, at 15:00 today to present a Memorandum to Company management. The march was organised to raise matters that have been in contention for some time now with respect to the relationship between the Company...

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Audit report

01 April 2010

The KPMG Inc. Audit Report for Wesizwe's Annual Financial Statements, for the period ending 31 December 2009, was delivered to the JSE and posted to the Company's Shareholders on 31 March 2009. The Annual Financial Statements and Audit Report are available for review at the company's offices, 2nd Floor, 3...

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Wesizwe announces results for year ended 31 December 2009 and reports interim findings pertaining to corporate governance issues

31 March 2010

In reporting its annual financial statements for the year ended 31 December 2009, Wesizwe Platinum Limited (“Wesizwe” or “the Company”) has announced that the Board of Directors has been presented with an interim report, which is available for perusal, from independent audit and financial services company, Deloitte South Africa, and...

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Trading update

19 March 2010

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will vary more than 20% from that of the previous corresponding period. Accordingly, a review...

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Renewal of Cautionary Announcement

19 March 2010

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will vary more than 20% from that of the previous corresponding period. Accordingly, a review...

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Change to the Board of Directors

02 March 2010

In accordance with the requirements of paragraph 3.59 of the JSE Listings Requirements, the shareholders of the Company are advised that: Mr A Mashiatshidi has been appointed as the Financial Director of the Company, effective from 1 March 2010; Mr J De Wet has been appointed as Chief Financial Officer...

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Update to shareholders

18 February 2010

This SENS announcement appears as a matter of record. The Chairman of Wesizwe Platinum Limited, Ms Dawn Mokhobo, on behalf of the Board of Directors, has today posted a letter to shareholders` that provides an update on certain actions being initiated within the Company. The text of the letter appears...

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Renewal of cautionary announcement

22 January 2010

Shareholders are referred to Wesizwe’s previous cautionary announcement dated 27 October 2009 and the renewal of cautionary announcement dated 8 December 2009, and are advised that negotiations are still in progress, which if successfully concluded may have a material effect on the price of the company’s securities. Accordingly, shareholders are...

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Wesizwe Platinum Limited confirms the appointment of its new chairman and board of directors

12 January 2010

Following the meeting of the Board of Directors of Wesizwe Platinum Limited (Wesizwe) on 11 January 2010, it has been announced that Ms. Dawn Mokhobo has been appointed as the Chairman of Wesizwe with immediate effect. It was also confirmed that Mr. Michael Solomon will continue in his role as...

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Updated feasibility study project 1 platinum mine

12 September 2009

Updated Feasibility Study Project 1 Platinum Mine: Reserves & Production Rate Increased Captial Cost Decreased (Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM-TSX; PLG-AMEX) announces results from the Independent Update to the Feasibility Study for the Project 1 Platinum mine of the Western Bushveld Joint Venture (“WBJV”) in South Africa. Platinum Group...

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Wesizwe Platinum Limited - Trading update

05 August 2009

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will vary more than 20% from that of the previous corresponding period. Accordingly, a review...

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Competent person's report executive summary on the mineral reserves held by wesizwe platinum limited for their pilansberg project

02 March 2009

Purpose of Report This Competent Person’s Report Executive Summary (“CPRXS”) has been prepared by Mineral Corporation Consultancy (Pty) Limited (“The Mineral Corporation”) for inclusion in full in documentation to be published by Wesizwe Platinum Limited (“Wesizwe”). The Mineral Corporation was instructed by the Directors of Wesizwe to prepare a full...

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