Eastplats lifts output despite dismissals
Eastern Platinum dismissed 15 contract stoping crews in May but still managed to keep production in the period on an even keel quarter-on-quarter.
Lonmin to meet platinum sales target
Lonmin will meet its forecast of selling 700,000 oz of platinum in the year to September but at an additional cost of $17.5m because some 20,000 oz of platinum will be toll-smelted by a competitor.
Marikana yields higher output for Lonmin
Lonmin said third quarter output from its Marikana underground operations yielded a 10.2% increase compared to the same period last year.
Platinum juniors take a beating
Platinum juniors and explorers are getting battered by current volatile market conditions with Wesizwe Platinum and Platinum Group Metals amongst the worst affected.
Northam halts ops at Zondereinde after accident
Northam Platinum says it has halted production at its Zondereinde mine in Rustenburg after two miners were killed, the latest in a spate of accidents.
Aquarius shares recover after DMR meeting
Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.
DMR backs down on Aquarius
The Department of Mineral Resources has backed away from its draconian safety directive to Aquarius Platinum which will continue standard mechanised mining operations while striving for better safety.
Aquarius Platinum shares plunge
Shares in Aquarius Platinum dropped sharply in early trading on the JSE on Monday morning in response to the stringent safety directive slapped on the company by the Department of Mineral Resources.
New safety rules for platinum mines
The Department of Mineral Resources has imposed tough new restrictions on mechanised platinum mines just hours after the chief inspector of mines said this was not on the cards.
Aquarius told to reduce bord widths
Mining group Aquarius Platinum says its subsidiary Aquarius Platinum has received an instruction that all mechanised bord-and-pillar mines in the North West region are to revise their mine Codes of Practice.