Platinum Group Mining News

These bacteria can help you find rich platinum deposits

Fresh research shows a new role for bacteria in cycling platinum group metals in soils and sediments, offering a better understanding of how to search for them.

First Quantum sells nickel-copper-platinum mine in Finland for $712 million

Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.

Anglo American Platinum full-year loss to hit over $850 million

Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017

South Africa seals mining jobs deal, proposes platinum plan

South Africa's mining industry, unions and the government signed a broad plan on Monday to stem a wave of job losses triggered by falling commodity prices and soaring costs.

Amplats axing over 400 jobs in South Africa

Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.

Protester shot dead in third day of unrest at S. Africa’s mine

The incident happened when South African police allegedly clashed with protesters near Atlatsa Resources’s Bokoni platinum mine.

Anglo hit by platinum, iron ore units lower earnings outlooks

The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.

Friedland wants South Africa to be the ‘Silicon Valley’ for platinum

In other words, he hopes to create a “Platinum Valley.”

Ailing gold prices down to 3-year low, precious metals follow

Precious metals crashed steeply overnight with gold and silver hitting fresh lows, and the yellow shiny metal heading towards its worst quarter in decades.

Ivanplats gets its ducks in a row for South African project

Company filed both a mining right application and included a BEE (Black Economic Empowerment) partner.

Billions wiped off metal stocks after China, EU and US deliver economic shocks

The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a bleak picture for the mining industry.