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By Charlotte Mathews |
December 17, 2008
The loss of up to 2000 more jobs at Aquarius Platinum's Everest mine will bring the number of likely job cuts in the mining industry to more than 14,000 in the past six months.
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By Staff |
December 15, 2008
New Lonmin CEO Ian Farmer will not say whether the company went into panic mode when Xstrata launched its hostile takeover bid earlier this year.
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By Charlotte Mathews |
December 11, 2008
Brian Gilbertson's Pallinghurst Resources has come to the rescue of Toronto-listed Platmin with a $125 million investment that will enable Platmin to complete its platinum mine near Rustenburg.
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By Charlotte Mathews |
December 11, 2008
Platinum miner Aquarius Platinum had no plans for an equity issue to raise emergency finance to settle debt, company spokesman Nick Bias said this week.
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By Stephen Gunnion |
December 10, 2008
A sustained recovery in the price of platinum is only likely towards the end of next year as the global economy starts to emerge from recession and demand - particularly from the car industry - improves.
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By Charlotte Mathews |
December 9, 2008
Anglo American would make an announcement by the middle of this month on the outcome of a review into all its capital spending, a spokesman said yesterday.
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By Charlotte Mathews |
December 5, 2008
Mining entrepreneur Loucas Pouroulis has launched his fourth mining venture, a platinum exploration company, since the successful listing, rapid early development and sale of Eland Platinum to Xstrata for $1 billion last year.
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By Rhoda Kadalie |
December 4, 2008
It has been a rough year for the platinum mining industry in South Africa (SA). At the beginning of the year, an ounce of platinum was worth $2,200, but seven months later - as a result of the global financial crisis, cutbacks in vehicle manufacturing and low demand for platinum...
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By Stephan Hofstatter |
December 4, 2008
Protests turn violent as groups contest who represents 6,000 villagers moved for a platinum mine.
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By Charlotte Mathews |
November 20, 2008
Turbulent market conditions and weak platinum group metals (PGMs) prices have forced Impala Platinum to reconsider the terms of its proposal to buy Mvela Resources and Northam Platinum to secure control of the Booysendal platinum project.
