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NUM, Shabangu to talk over job losses

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The National Union of Mineworkers is taking its concerns about potential job losses in the platinum sector to a meeting with Mineral Resources Minister Susan Shabangu.

DMR commissions platinum task team

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The Department of Mineral Resources will convene a task team to look into the challenges facing beleaguered platinum miners.

Aquarius “back in the black by 2014’

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Aquarius Platinum, which shut down its Marikana shaft earlier this week, will only return to profitability by 2014, according to an analyst report.

Nkwe has IDC “in sights’ for R6bn Garatau project

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The Australian-listed platinum firm says low cost nature of mine will help attract investors despite harrowing times for the platinum industry.

Jubilee bags chrome resources

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Jubilee Platinum wins the right to retreat platinum group element tailings on the Dilokong mine, hailed by the firm as a major advance in its strategy.

Govt to test platinum lifeboat options

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Amid another platinum mine closure, the South African government says it is studying options for intervening in the sector in an effort to help save jobs.

Village looks for Lesego partner

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Village Main Reef says it is looking for a partner to advance its sole platinum asset as a pre-feasibility study shows a possible return rate of 18% for the asset.

Aquarius cutback “too small to notice’

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The platinum price will only respond to supply cutbacks once the major PGM producers embark on shaft closures, says analysts.

Amcu ranks swell to 20,000, turns to Amplats

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The Associated Mineworkers and Construction Union (Amcu) said it had a majority at Impala, organisational rights at Lonmin, and had been asked by Amplats mines to canvass for support there.

Nkwe Platinum says Garatau ‘meets parameters’

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Garatau, an eastern bushveld project owned by Nkwe Platinum had met expectations, according to project owner Nkwe Platinum.