Platinum

ARM expects headline earnings to fall

African Rainbow Minerals expects earnings per share for the 12 months ended June 30 to fall to 785 and 825 cents per share from 1.094 cent per share .

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...

Aquarius suspends output at Marikana

Aquarius Platinum has suspended production at its Marikana mine following the death of five miners contracted through Murray & Roberts.

Palladium hits record $1,600/oz after Russian bans scrap exports

PALLADIUM reached a record $1,600 per ounce on Tuesday after Russia announced it was planning to ban exports of precious metals scrap, said Reuters. “There...

Platinum firms warn strike making mines unviable

South Africa's platinum firms Implats, Lonmin and Amplats is making a portion of the country's platinum reserves unviable.

DMR shuts down Smokey Hills

Production at Platinum Australia’s Smokey Hills mine has been interrupted for the third time this year, following an order to do so by the department of mineral resources.

Amplats adds GTL firm to investment programme

ANGLO American Platinum (Amplats) has invested in a gas-to-liquids company that also produces hydrogen in such a way that it would lower the cost...

Nkwe shrugs off non-disclosure claims

Nkwe Platinum has dismissed suggestions that the group has been less than frank with shareholders over the legal disputes and administrative uncertainties it faces.

Platinum impervious to strike … for now

The platinum price may well respond if a strike at South Africa's producers were to continue for another month, said Impala Platinum's Derek Engelbrecht.

Tharisa confident of stout response after mine reset hits interim earnings

THARISA CEO, Phoevos Pouroulis, said the company was confident of producing the production averages over the next two quarters in order to meet adjusted...