Media Announcements
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BPM Covid-19 Relief Project Media Statement
18 June 2020
BAKUBUNG PLATINUM MINE LANDS A HELPING HAND BY OFFERING RELIEF TO THOSE WHO NEED IT MOST As a responsible corporate citizen, Bakubung Platinum Mine (BPM) which is an anchor project of Wesizwe Platinum, hands over food parcels to members of the Ledig and Phatsima community in an effort to...
Wesizwe issues a Trading Statement
30 September 2019
The Wesizwe board of directors therefore advised shareholders that the Company expects to report basic earnings per share attributable to ordinary shareholders for the 6 months ended 30 June 2019 of between 6.66 cents and 6.83 cents per share, being between 824% and 842% higher, compared to a basic loss...
Wesizwe announces appointment of a new Financial Director effective from 01 May 2020
19 September 2019
Furthermore, Shareholders are informed that Mr. Jianguo LIU will be appointed on the boardof the company on 1 April 2020 as executive director and FD of the company. Mr. Jianguo LIU has an MBA in Finance and marketing from from School of Economics andManagement of Tsinghua University and MIT school...
Wesizwe Platinum Limited held its Annual General Meeting (AGM) on the 03 May 2019
03 May 2019
Wesizwe Platinum Limited held its Annual General Meeting (AGM) on the 03 May 2019. All the resolutions tabled were passed. The total number of shares represented in person or by proxy at the AGM was 1 080 188 214 shares, representing 66.36% of Wesizwe’s issued share capital of 1 627...
Appointment of Mr. Huigao Guo as the new Director
01 April 2019
Mr. Huigao Guo has extensive experience in mining and holds a Mastersdegree in Mining Engineering. The board of the company congratulates Mr.Guo on his appointment. WESIZWE PLATINUM LIMITED - Director Appointment to1 Apr 2019WEZ 201904010062ADirector Appointment to the Board of the Company WESIZWE PLATINUM LIMITED(Incorporated in the Republic of South...
Bakubung Platinum Mine announces changes in its operational plans
15 March 2019
Bakubung Platinum Mine announces changes in its operational plans. The Board of the Company decided to reprioritize expenditure through curtailing all non-production expenses and to allocate most resources towards the completion of the mine development. To that effect, a new plan entails a development of a 1mtpa mine with an...
Appointment of Mr. Feng Tao as the new Financial Director and Executive Director of Wesizwe Platinum Limited
12 July 2017
Appointment of Mr. Feng Tao as the new Financial Director and Executive Director of Wesizwe Platinum Limited In accordance with paragraph 3.59(b) of the Listings Requirements of the JSE Limited shareholders are hereby informed that the Wesizwe Platinum Board has appointed Mr. Feng Tao as Financial Director and Executive...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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:...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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,...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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),...
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...
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...
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...