Platinum Group Metals
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Union says Impala Platinum to rehire all strike-dismissed miners
World No. 2 platinum miner, Impala platinum is to re-instate all the workers dismissed in the recent strike at its flagship Rustenburg operations
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S.Africa arrests 350 in clashes at platinum mine
Modern Ghana | February 19, 2012Police arrested at least 350 people after deadly violence during an illegal strike at the world’s largest platinum mine run by South Africa’s Impala Platinum, a senior officer said Sunday.
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Fatal accident at Bokoni
CNW Telbec | Mining/Metals | February 15, 2012VANCOUVER, Feb. 15, 2012 /CNW/ – Anooraq Resources Corporation (“Anooraq” or the “Company”) (TSXV: ARQ; NYSE Amex: ANO; JSE: ARQ) announces with deep regret that an employee was fatally injured at the
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Vale resuming Sudbury operations, says no 2012 production impact
Frik Els | February 14, 2012
Brazillian miner Vale SA said Tuesday it is gradually resuming mining at its underground nickel operations in Sudbury, Canada.
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Fuel cell powered mine loco to be trialled at Anglo Platinum
International Mining | February 14, 2012Discussed in depth in our forthcoming March 2012 issue, the use of rail in underground mining is still widespread. It is also not standing still in terms of new technology. Vehicle Projects of Golden, Colorado and Anglo American Platinum in South Africa are collaborating on a project to build five fuel cell mine locomotives to be demonstrated in mid-2012 at Amplats’s Dishaba underground mine in Limpopo province, South Africa.
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Anglo Platinum’s very bad year could be good for the market
Frik Els | February 13, 2012
Anglo Platinum, the world’s number one platinum producer, suffered more than 80 safety-related work stoppages including 12 fatalities, that resulted in lower output and a drop in profits of over 60% in 2011.
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S. Africa’s Zuma squashes mine nationalization talk
Mining Weekly | February 10, 2012President Jacob Zuma squashed more than two years of talk on Friday about the nationalisation of South Africa’s massive mining sector, saying state control or ownership of the mines in the world’s biggest platinum producer could not work.
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Is it now time to invest in platinum ETFs
Mineweb | February 10, 2012With the gap between platinum and gold prices narrowing is now the time to invest in platinum ETFs. Article looks at some of the ETF options available.
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South Africa platinum miners given 20 days for lapsed rights ideas
Platinum today | February 8, 2012Platinum miners in South Africa have 20 days to provide ideas on lapsed and revoked mineral rights as the government looks to drive forward exploration in the country, reports Mining Weekly.
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South Africa says no to mines nationalization
Andrew Topf | February 6, 2012
The South African government has quashed persistent rumours about nationalizing the country’s mining industry.
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Ethical Coal: Mongolia’s sparkling potential amidst regional energy demand
Prophecy Coal Corp | February 6, 2012Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west. With a population of 2.8 million people occupying 1.56 million square kilometers (roughly the size of Alaska), it is themost sparsely populated country in the world.
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Read my lips: South African Minister announces no mining tax surprises
VantageWire - G. Joel Chury | February 6, 2012According to South Africa’s National Planning Minister, Trevor Manuel, the country will not be hitting mining companies with any surprise new taxes.
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South Africa is looking at mining super-tax, ‘targeted intervention’ in platinum sector
Frik Els | February 5, 2012
South Africa’s ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering new taxes and “targeted interventions” in the sector, particularly platinum mines.
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Which way now for precious metals?
Seeking Alpha | February 5, 2012After marching steadily higher early in the week, gold and silver saw their biggest one-day losses in more than a month on Friday as hopes for more Fed money printing were dashed after the better-than-expected labor report.
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Tougher year for platinum mines
Business Live South Africa | February 4, 2012The stresses that have afflicted South Africa’s platinum miners for the best part of a year appear to be coming to a head.
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Boston shipwreck contains $3 billion of platinum
Michael Allan McCrae | February 2, 2012
Treasure hunters are working to recover cargo on a World War II merchant ship, which was sunk by German u-boats just off Boston, that was carrying 71.4 tons of platinum, estimated to be worth $2.5 to $3 billion.
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