Latest news with #AngloAmericanPlatinum
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
Anglo American Completes Valterra Platinum Demerger
Valterra Platinum shares will begin trading on the London Stock Exchange via a secondary listing on Monday, Anglo American AAL 0.00%increase; green up pointing triangle confirmed after it completed its demerger. Anglo American began the process of demerging Valterra Platinum, formerly Anglo American Platinum VAL -2.10%decrease; red down pointing triangle, following BHP's $50 billion failed takeover bid last year.
Zawya
23-05-2025
- Business
- Zawya
Anglo American Platinum Chief Executive Officer (CEO) Confirmed to Speak at African Mining Week 2025
Craig Miller, CEO of mining company Anglo American Platinum, has been confirmed to speak at the upcoming African Mining Week 2025 conference. During the event, Miller is expected to shed light on the company's strategy in Africa as well as the continent's pivotal role in strengthening the global PGM supply chain. Miller will speak on a panel titled: South Africa's Strategic Influence in the Global Platinum Group Metals Market. Taking place October 1–3, 2025, in Cape Town, African Mining Week is Africa's premier gathering for mining stakeholders and provides a strategic platform for industry leaders, investors and companies to unlock emerging opportunities across the continent's mining value chain. As the CEO of the world's largest platinum group metals (PGM) producer, Miller is uniquely positioned to discuss the continent's emergence as a global PGM supplier and the impact resource-rich nations such as South Africa will have on future supply chains. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ With global demand for PGMs increasing - driven by applications in electric vehicles and clean energy technologies – Anglo American Platinum is positioning itself as an instrumental part of the continent's PGM value chain. The company operates several of South Africa's key PGM producing assets, including the 5.8-million-ounce (oz) Tumela Mine, the 310,000-oz Mogalakwena Mine, the 217,000-oz Kroondal Mine, the 160,000-oz Dishaba Mine, among other projects. In Zimbabwe, the company manages the Unki Platinum Mine, one of the country's largest with an annual production capacity of 64,000 oz. For 2025, the company has set a refined production target of up to 3.4 million oz across its PGM projects, supported by ongoing mine expansions and new investments across its African portfolio. As such, African Mining Week 2025 will serve as a crucial platform for Miller to share insight into the company's investments in Africa and the road ahead for the continent's PGM production. Through his participation, Miller is expected to outline the company's future direction, strategic priorities and ongoing projects, while reinforcing cooperation with African and international partners to enhance operational performance and market access. The South Africa's Strategic Influence in the Global Platinum Group Metals Market session offers a strategic opportunity for conference attendees to gain insight into both the country's PGM market and its future role as a global supplier. Distributed by APO Group on behalf of Energy Capital&Power.
IOL News
20-05-2025
- Business
- IOL News
UPDATE: Former Global Strike Security employees released on R30,000 bail following R6. 3million fraud allegations
Wanda van Zyl, 57, former director of Global Strike Security, appears in court alongside former payroll administrators Ruan van Zyl, 23, and Monidue Nel, 52, who were arrested after for allegedly defrauding Anglo American Platinum of R6.3 million through fraudulent invoices has been released on bail. Three Global Strike Security Company employees arrested for allegedly defrauding Anglo American Platinum of R6.3 million have been granted bail of R30,000 each. Former Director Wanda van Zyl, 57, and two payroll administrators, Monidue Nel, 52, and Ruan van Zyl, 23, were nabbed by the Directorate for Priority Crimes Investigation (known as the Hawks) The trio appeared briefly in the Mahwelereng Magistrate's Court on May 19, facing 26 counts of fraud. 'The accused were granted bail of R30 000 each,' Hawks spokesperson Warrant Officer Lethunya Mmuroa said. The case was postponed to June 13, 2025, for further police investigation. The trio is accused of submitting fraudulent invoices between December 20, 2018, and September 20, 2021. Explaining the case, Mmuroa said the trio allegedly submitted fraudulent invoices and claimed funds to Anglo-American Platinum for security services that were never rendered. Anglo American Platinum reportedly grew suspicious and launched an internal forensic investigation. The investigation uncovered more than 33 fraudulent claims that had already been paid. 'As a result, Anglo-American Platinum suffered a loss of over R6.3 million,' Mmuroa said. The matter was reported to the Mahwelereng police station and later transferred to the Hawks for further investigation. Mmuroa confirmed that four individuals from Global Strike Security were linked to the scheme, three of whom have now been arrested, while the fourth has since died. The case was referred to the National Prosecuting Authority (NPA), which authorised warrants of arrest. The suspects reportedly cooperated and handed themselves over to the Hawks. IOL News
The Citizen
20-05-2025
- Business
- The Citizen
Limpopo trio arrested in connection with R6.3m Anglo American Platinum fraud
The Hawks' Serious Commercial Crime Investigation Unit has arrested a former company director and two ex-payroll administrators in connection with fraud amounting to R6.3m. Polokwane Review reports that the three accused, Monique Nel (52) and Ruan van Zyl (23), both payroll administrators, and director Wanda van Zyl (57), all former employees of Global Strike Security Company, were arrested on Sunday after they handed themselves over to the police. According to provincial Hawks spokesperson Warrant Officer Lethunya Mmuroa, the accused allegedly submitted over 33 fraudulent invoices to Anglo American Platinum for security between December 20, 2018, and September 20, 2021, for services that were never rendered Mmuroa says payments were processed before the company uncovered the scheme. 'Anglo American Platinum got suspicious and conducted internal forensic investigations, which revealed a loss of R6.3m. The matter was reported [at] the Mahwelereng Police Station and subsequently handed over to the Hawks' Polokwane-based Serious Commercial Crime Investigation Unit for further investigation,' he says. A thorough investigation successfully linked four people from the security company to the committed crime, though one of the people implicated has since died. Following the completion of the investigation, the case was handed to the National Prosecuting Authority, which authorised warrants of arrest. 'The accused briefly appeared in the Mahwelereng Magistrate's Court yesterday, facing 26 counts of fraud. The case was postponed to today for a bail application,' he says. Breaking news at your fingertips… Follow Caxton Network News on Facebook and join our WhatsApp channel. Nuus wat saakmaak. Volg Caxton Netwerk-nuus op Facebook en sluit aan by ons WhatsApp-kanaal. Read original story on At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
IOL News
20-05-2025
- Business
- IOL News
R6. 3 million Security Scam: Global Strike employees busted for defrauding Anglo American Platinum
Wanda van Zyl, 57, former director of Global Strike Security, appears in court alongside former payroll administrators Ruan van Zyl, 23, and Monidue Nel, 52, after their arrest for allegedly defrauding Anglo American Platinum of R6.3 million through fraudulent invoices. Image: Supplied Three Global Strike Security Company employees have been arrested for allegedly defrauding Anglo American Platinum of R6.3 million. Former Director Wanda van Zyl, 57, and two payroll administrators, Monidue Nel, 52, and Ruan van Zyl, 23, were nabbed by the Directorate for Priority Crimes Investigation (known as the Hawks). The trio who were arrested on Monday, May 19, 2025, are accused of submitting fraudulent invoices between December 20, 2018, and September 20, 2021. Explaining the case, Hawks spokesperson Warrant Officer Lethunya Mmuroa said the trio allegedly submitted fraudulent invoices and claimed funds to Anglo-American Platinum for security services that were not rendered. Anglo American Platinum reportedly grew suspicious and launched an internal forensic investigation. The investigation uncovered more than 33 fraudulent claims that had already been paid. 'As a result, Anglo-American Platinum suffered a loss of over R6.3 million,' Mmuroa said. The matter was reported to the Mahwelereng police station and later transferred to the Hawks for further investigation. Mmuroa confirmed that four individuals from Global Strike Security were linked to the scheme, three of whom have now been arrested, while the fourth has since died. The case was referred to the National Prosecuting Authority (NPA), which authorised warrants of arrest. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ The suspects reportedly cooperated and handed themselves over to the Hawks. The trio appeared briefly in the Mahwelereng Magistrate's Court on May 19, facing 26 counts of fraud. The matter was postponed to May 20, 2025, for a formal bail application. In a separate story, IOL News previously reported that the Specialised Commercial Crime Court in Polokwane has sentenced Serage Martin Lubenga (28) and Rhoda Mirembe (33) to 15 years in prison each for defrauding a Limpopo woman of R650,000 in a dating scam Lubenga befriended the 39-year-old victim in 2023, later introducing her to Mirembe, who posed as a prophet named "Alice." Mirembe convinced the woman that she would receive R4 million if she paid 10% upfront. The victim handed over R650,000 and provided personal documents under the pretense of prayers for financial promotion. The Hawks arrested the pair in Potchefstroom after uncovering the scam. They found that the victim's details had been used to rent luxury properties, and four high-end vehicles, including a Range Rover and BMW X6, were seized. Lubenga and Mirembe pleaded guilty to two counts of fraud and one of corruption. The court sentenced them to 10 years for the first fraud charge, five for the second, and five for corruption, with the first two sentences running concurrently. They will serve an effective 15 years and are now also barred from owning firearms. IOL News
