The African nation produces some 70% of the globe's platinum.
Palladium Mining News
While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.
Ample above ground stocks, rising mine supply could dampen prospects for 2016 best performing precious metal.
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Global miners have been cutting spending on new projects and expansions since 2012.
The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.
He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.
AMCU has been demanding pay hikes of more than 50% for its lowest paid members and a 15% hike for its higher paid members.
Weakening currency supplies fatter margins for South African mines responsible for nearly three-quarters of global platinum production.
While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.
While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.
Strikers at top South African platinum producer enter two-year wage deal.
The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.
Despite continued investment in copper assets on the continent from China and India hunting for coal mines.
A credit upgrade, a rocketing share price and rally in coal and iron ore call into question downsizing strategy of world's number five miner.
One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.
Most investors expect the Fed to put off raising rates, which would keep gold as an attractive asset to buy.
Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.
The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.
Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.
South Africa is believed to have approximately 6,000 abandoned mines and between 8,000 and 30,000 illegal miners across the country.
Study predicts fifth year of growing deficits and halving of above ground stocks as strikes in top producer South Africa loom.
PGMs down nearly 10% and manganese production down 24%.