Platinum may hit $2,000/oz in 6 months-JM
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
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
Impala Platinum has appointed mining engineer Gerhard Potgieter to its executive team to fill a gap in technical mining expertise at top management level.
Trans Hex’s Angola operations progress
Diamond miner Trans Hex Group says negotiations for the conversion of its prospecting contract for the Luana Concession in Angola to a mining contract have been successfully concluded.
Jury out on Eastplats
There has been mixed reaction to Eastern Platinum’s March quarter results during which it broke even despite lower production thanks to rising platinum group metal prices.
Trans Hex aims for Angola turnaround
Trans Hex now has a mining contract for the Luana concession in Angola but CEO Llewellyn Delport is tight-lipped at this stage over how it is going to be developed.
Eastplats Mar Q output slumps 7%
Toronto, AIM and JSE-listed Eastern Platinum has reported a net profit attributable to equity shareholders of $824 000 for the quarter ended March 2010.
Tough quarter for Anooraq
Anooraq's production dropped in the March quarter but the worst should be behind the junior platinum producer now that it has completed the labour restructuring programme.
The Bafokeng’s royal platinum play
The Royal Bafokeng Nation is about to reach a hugely significant milestone with the listing on the JSE later this year of its own platinum company.
ArcelorMittal SA seeks quick end to price row
ArcelorMittal South Africa seeks a quick end to a price row with Kumba Iron Ore and maintains a focus on growing in Africa.