Platinum workers dig in uncertainty
The scaling down of operations at Aquarius Platinum’s Marikana Shaft 4 has
brought uncertainty to the local economy of the community where the mine is
based.
Amplats slides on gloomy forecast
Anglo American Platinum says its interim’s earnings will be lower by 20% or
more, sending the group’s shares on a downward slide.
Smokey Hills on the brink
ASX-listed Platinum Australia’s Smokey Hills mine is facing an uncertain future
following the group’s decision to do "an urgent review' of the operation.
Lonmin reports Marikana fatality
Platinum producer Lonmin has reported a fatality at the Rowland shaft of its Marikana mine.
RBPlats likely to tap market for Styldrift funds
The basket price for platinum group metals was likely to see Royal Bafokeng
Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift
project, but not before 2014.
Aquarius ices Everest, blames market, unions
Aquarius Platinum, in an effort to preserve cash amid crippling platinum group
metal prices, has put its Everest project on care and maintenance - the second
mine it has shelved in a month.
PTM waves the flag for Western Bushveld JV
Platinum Group Metals has confirmed it is proceeding with its plans to finance
and complete the Western Bushveld JV platinum mine, as well as expanding its
Waterberg discovery.
NUM, Shabangu to talk over job losses
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
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’
Aquarius Platinum, which shut down its Marikana shaft earlier this week, will
only return to profitability by 2014, according to an analyst report.