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Off The Wires

Platinum market confounds analysts

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The minimal reaction of the platinum price to supply interruptions has analysts scratching their heads as to the quantum of inventories.

Lonmin to press ahead with mine reopening

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Lonmin would press ahead with plans to resume mining and break a 15 week strike waged by the Association of Mineworkers & Construction Union.

ANC to urgently end BEE industry standoff

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The ANC resolved at its national general council meeting to urgently end a standoff with the mining sector over black empowerment requirements.

Assmang mulls conversion of two furnaces

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Assmang Limited is evaluating the conversion of a further two open furnaces at its Machadodorp Works, which would increase the production of ferromanganese.

Mining M&A falls to 10-year low

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Merger and acquisition activity in the mining sector fell to its lowest level in 10 years last year as the entry of private sector money into the sector was slow.

Zim asks chrome producers to cede claims

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Zimbabwe asked chrome mining firms to release mineral reserves to new investors, said Reuters citing the country's mines minister.

Kabila resistance foments DRC anger

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Unrest grows in the Democratic Republic of Congo as fears that president Joseph Kabila will run for an unconstitutional third term foments anger.

RBPlat Sep Q output down 5%

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Royal Bafokeng Platinum reported a 5% fall in September quarter platinum group metal production owing to a planned maintenance shutdown.

Gold producers to review AMCU member claim

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South African gold producers would review a claim by the Association of Mineworkers & Construction Union that its membership had been understated.

Ramatlhodi to visit Harmony’s Kusasalethu

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Ngoako Ramatlhodi, South Africa mines minister, is to visit Harmony Gold's Kusasalethu mine where an underground fire endangered the lives of 486 miners.