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.
Platinum Group Mining News
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017
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.
Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.
The incident happened when South African police allegedly clashed with protesters near Atlatsa Resources’s Bokoni platinum mine.
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.
In other words, he hopes to create a “Platinum Valley.”
Precious metals crashed steeply overnight with gold and silver hitting fresh lows, and the yellow shiny metal heading towards its worst quarter in decades.
Company filed both a mining right application and included a BEE (Black Economic Empowerment) partner.
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.