Without financing the company said it is uncertain that it will "remain an ongoing concern."
It took a FOIA.
Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.
Amplats' main union obtained permission for a legal strike two weeks ago, after exhausting mediation procedures.
The country’s gross domestic product expanded at an annualized rate of 0.7% in the period, down sharply from the 3.2% in the second quarter.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The miner and trading house ranks now among the top three on the JSE in terms of market capitalization.
World's third largest platinum producer posted best output in six years.
Robert Friedland's African projects capture the interests of China National Gold after state-owned firm said no to African Barrick.
Parliament to sleep on proposed reforms.
Continued fiscal stimulus, high debt levels and loss of confidence in governments will lead to the return of big inflation and a consequent big run-up in precious and other metals.
The man, ambushed outside his home in the mining town of Mooinooi, became the fourth person with ties to the NUM murdered in the platinum belt region in the past three months.
Workers at Northam Platinum put down their tools. Others may follow.
New deposits, which may be able to produce at a much lower cost with fewer workers and higher wages, could change the whole platinum industry.
The scientists have been working at the one-of-a-kind laboratory located at the bottom of what was once North America's deepest gold mine.
In an effort to reduce vehicle emissions and drive sustainability advances in automobiles, the world is turning to technologies centered on platinum group metals.
Two precious metals that are developing increased demand from industrial use: platinum and palladium.
Impala Platinum Holdings Ltd. (Implats) and Anglo American Platinum (Amplats) operations to be affected.
"As long as we still have prohibitive policies, then the prospects of the bond will not be so good."
Anglo's Collahuasi copper mine more than doubled output to 63,600 tonnes, way above analysts’ expectations.
First set of key findings to be released next week.
In other words, he hopes to create a “Platinum Valley.”
Bernard Swanepoel offers some ideas on how miners can recover their reputation.
Strike cost Anglo American Platinum more than 40,000 ounces in lost production, or $100 million in lost revenue.
But when the market does recover, it is "going to be a screamer," he says.
The rest of the continent is drawing money away from the country's mining industry struggling with soaring costs and industrial strife.
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