Tuesday, July 17, 2018

Aquarius Platinum has undertaken a critical and comprehensive review of the mine plan and safety procedures and practices at the Blue Ridge Platinum Mine in Mpumalanga following two fatal accidents that occurred at the mine in the past month.

Platinum exploration firm Anooraq Resources on Friday announced that it planned to change its name to Atlatsa Resources Corporation to reflect the South African focus of the company.

Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.

Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.

Craig Oliver, well remembered in SA mining circles from his time as Nkwe Platinum CEO, has been killed in a plane crash in the Republic of Congo.

Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.

About half of the R700m raised as the Bakubung nation's Wesizwe Platinum shares was invested in microlender Mafori Capital, it has been confirmed.

Eastern Platinum is looking again at how it could develop the various expansion projects it controls on the Eastern Limb of the platinum-bearing Bushveld Complex.

Eastern Platinum, South Africa's sixth-largest platinum group metals producer, says the company has the potential to increase its production to 600 000 ounces per annum.

Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.