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.
Nkwe has IDC “in sights’ for R6bn Garatau project
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
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
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.