A higher South African rand versus the U.S. dollar was to blame for lowering Sibanye Gold's (NYSE:SBGL) net operating profit in the first quarter.
Platinum Group Metals Mining News
Shareholders voted overwhelmingly in favour of the cash takeover, which will make the South African firm the world's No.3 palladium producer and No.4 platinum group metals miner.
Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
Combined worth of $842 billion with 20% gains so far in 2017.
Australia’s Dotz Nano has found a new use for coal that could be a welcome boost to the dying industry, particularly in the US.
Rhodium jumps back above $1,000 an ounce for the first time in nearly two years.
Denver is the global capital of private capital raising for investment in the metals and mining sector.
"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
Strong ETF inflows, rising autocatalyst demand despite Volkswagen emission scandal combined with falling mine supply to boost platinum price says new study.
For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.
US Foreign Investment Committee scrutinizing South African gold miner's $2.2 billion offer for the only US platinum, palladium producer.
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls
Northam Platinum’s strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencore’s Eland Platinum mine for R175m cash.
Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.
World's top carmaker says first vehicles using new catalyst technology that reduces PGM loads by 20% will leave assembly line later this year.
The world's number five diversified miner posted its first annual net profit in five years.
Majors and juniors swap roles in $7 billion a year mining exploration sector
Everybody seems to love Graphene, the one-atom-thick sheets of carbon that aren't just super flexible, harder than diamond, and stronger than steel, but are also able to conduct electricity better than copper.
Seaborne coal, tin prices are the big exceptions.
Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.
The private space exploration firm has enough money to hit the moon by the end of 2017.
Mines minister Mosebenzi Zwane noted that 19 of the 73 miners who died in South Africa last year lost their lives at operations run by those companies.
The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.