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Anglo Pt gains on cautionary

Shares in Anglo Platinum were 3.4% higher on Friday following news its was involved in negotiations that could have a material effect on its share price.

Japan devises palladium-like alloy

Japanese researchers have created an alloy with properties similar to palladium, a precious metal used in many high-tech goods, according to a news report.

Mathunjwa rages against Amplats, labour hire

Joseph Mathunjwa, president of AMCU, railed against Amplats' labour hire system which is a sticking point in a strike now into its second week.

Relieved Magara commits to stem Lonmin outflow

Ben Magara, CEO of Lonmin, said the company had done the right thing and would be cash flow neutral in three years at current spot prices.

Shabangu steps into Amplats fray

Susan Shabangu, mines minister, met with the Chamber of Mines and unions to discuss the resurgence of violence at Anglo American Platinum.

GFMS sees firm platinum price

Gold Fields Mineral Services (GFMS) predicts continued strength in both platinum and palladium prices this year driven by investment demand and economic recovery.

NUM may join AMCU in Amplats strike

The NUM could send its members on strike following a Labour Court decision today dismissing the union's attempts at halting the restructuring at Amplats.

Anooraq appointee presages Anglo’s ‘new deal’

Dawid Stander will be MD of Anooraq Resources' Bokoni Platinum Mines as it enters "an exciting growth phase" - a sure hint that a refinancing deal with Anglo American Platinum is imminent.

Northam working again

Northam Platinum has recommenced mining operations after reaching an agreement to resolve an unprotected strike which has cost the miner R192m in revenue.

Lonmin may buy revenue – and time – in asset sale...

LONMIN states in its announcement on August 7 that proposals to sell the rights to some 500,000 ounces of platinum group metal (PGM) processing...