Platinum

Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.

Shares in Mvela Resources have jumped more than 6% after the miner won a case against former shareholder Khumama Platinum.

An urgent application by a rural Limpopo community to stop Anglo Platinum's Mogalakwena mine from dumping waste into a tailings dam has been postponed indefinitely.

Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.

Impala Platinum has reported a 7% rise in first-quarter platinum output, boosted by better performance at its Impala and Zimplats mines.

Zimbabwe’s emergence as an important platinum group metals player has been underscored in Johnson Matthey’s interim review of the global market.

South Africa's platinum supply may rise a touch next year after falling slightly in 2010 on safety-related stoppages and wage strikes, says Johnson Matthey.

Lonmin, the world's third-biggest platinum producer, has restarted dividends after posting a better-than-expected swing to full-year profit as prices and output recovered.

Ongoing downward adjustments of production forecasts at junior miner Platmin have come to an end, says CEO Tom Dale.

JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.