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JM bullish on platinum

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UK metals firm Johnson Matthey is bullish on prospects for both platinum and palladium during 2010 and has predicted the platinum price could reach $2,000/oz.

Aquarius Pt ships concentrate from Everest

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Aquarius Platinum said it had shipped concentrate from its recently reopened Everest mine some three months ahead of schedule.

Implats MarchQ output slides 4pct

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Impala Platinum has reported a 4% dip in quarter-on-quarter platinum production to 368 000 ounces due to pipeline movements.

Platinum rights squabble at Absolute

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Dennis Tucker's new platinum exploration company Bauba - formerly Absolute Holdings - is already butting heads with other platinum companies including industry leader Anglo Platinum.

Angloplat earnings seen 20pct higher

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Anglo Platinum has advised that its first half basic earnings per share and headline earnings per share were expected to increase by at least 20%.

Platinum miners unaffected by Zim strike

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Platinum producers appear to escape the brunt of a wage strike in Zimbabwe which is hitting the gold sector hard.

Platinum may hit $2,000/oz in 6 months-JM

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Rising investment may take platinum to $2,000 an ounce in the next six months, its highest since mid-2008, Johnson Matthey said in an annual report.

African Eagle, Macquarie Harbour in gold JV

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African Eagle Resources and ASX-quoted minerals group Macquarie Harbour Mining have signed a Letter of Intent to enter a joint venture to develop a gold mine at African Eagle's Miyabi project in Tanzania.

Potgieter bolsters Implats mining ops

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Impala Platinum has appointed mining engineer Gerhard Potgieter to its executive team to fill a gap in technical mining expertise at top management level.

Platmin’s project costs creep higher

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Costs are nudging higher at Platmin's Pilanesberg platinum project as it targets 160,000 oz of platinum group metals this year and full production in early 2011.