Goldman, BASF, HSBC and Standard Bank accused of front-running and spoof orders while in charge of the London PGM Fix since 1989.
Locals were protesting the imminent construction of Platreef platinum mine.
The miner has hit exceptionally high-grade silver, zinc and copper at its Kipushi mine in the DRC.
A federal grand jury in Anchorage handed up a 28-page indictment accusing XS Platinum and five executives of conspiring to violate the federal Clean Water Act and of falsifying compliance reports to the government
The Council was launched by a group of six platinum producers in South Africa, in order to further develop the global market for platinum investment.
A recent lawsuit in British Columbia is the latest example of an emerging trend in which plaintiffs are seeking to hold parent companies liable in negligence in relation to the actions of their foreign subsidiaries.
After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project in South Africa.
More than two years after 34 protesters were killed in the deadliest police action in South Africa since the end of apartheid, the state is completing its investigation.
The country's mining industry sees a decline in financial performance in the wake of continued labour unrest and cost pressures.
A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.
Eastern Platinum Limited has reached an agreement with Hebei Zhongbo Platinum Company Limited for the disposal of its platinum group metal operations in South Africa.
South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.
The U.S. largest bank still plans to perform"traditional” activities in commodities such as financing, hedging, trading warrants on the London Metal Exchange and the vaulting of precious metals.
Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.
Trading in precious metals was quiet until Wednesday morning, when prices began to soften.
Analysts and some precious metals’ sellers tend to focus on the “insurance” aspect of owning precious metals. They point out that having some in your possession helps protect your wealth in case of inflation, political unrest, or for use as an “alternate currency” during a natural disaster, war, etc.
The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.
Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.
Canada’s Platinum Group Metals Ltd. (PTM) says its low-cost South African projects will benefit as competitors shut down old unprofitable mines, slashing global output by as much as 35 percent.
For gold and silver it has been a week of two halves: first prices rallied to a peak on Tuesday, then declined to show net losses for the week on Wednesday for silver and Thursday for gold.
Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.
Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.
Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.
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