PGM prices to falter in 2012, recover in 2013
Concerns about global growth are likely to soften platinum and palladium demand this year, although production shortfalls in SA are likely to support prices.
Zimplats workers return to work
Workers at the Zimbabwean unit of platinum miner Impala Platinum have returned to work after going on strike last week over electricity bills.
Safety stoppages hit Lonmin Q1, confirms target
Lonmin has posted a rise in first quarter output, despite the impact of safety stoppages which it warned could hit both sales and costs if current trends persist.
DMR task team to review safety stoppages
Government, industry and organised labour have established a task team that will
review how safety stoppages ‒ known as Section 54s ‒ are applied to the mining
industry.
SA platinum in troubled waters
Anything less than an annual output of 2.6 million ounces from Anglo American
Platinum for 2011 will support the growing perception that SA's platinum industry is
headed for hard times.
Implats to fire 5,000 in unlawful strike
Impala Platinum says a strike by drill operators at its Rustenburg operations is illegal and it is to start laying them off.
NUM slams Impala’s 18% retention increase
Impala Platinum has raised the prospect that production at its Rustenburg mine will be
negatively affected for up to two weeks as it begins to dismiss 5,000 rock drill
operators.
Zimplats workers strike over power bills
WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.
Implats says 5,000 workers on strike
Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.
Amplats, Anglo fall on trading update
ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo
American, following a worse-than-expected trading statement.