Platinum Mining News

Flashback Friday: The world's scariest mining chart

One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.

Platinum market could face shortage: PwC 

Chronic underinvestment in platinum mines has exacerbated supply crunch.

South African gold miners can appeal silicosis ruling

They will appeal verdict that paved the way for about half a million current and former miners to proceed with a multi-million-dollar suit, which seeks compensation for those who contracted lung diseases.

Precious metals recover lost ground as traders count down to Fed meeting

Most investors expect the Fed to put off raising rates, which would keep gold as an attractive asset to buy.

Here is why the mining sector in sub-Saharan Africa is not ready to shine

Operational challenges and regulatory uncertainty in the region will keep a lead on its resources sector until at least 2020, says BMI research.

Despite problems SA still represents half sub-Sahara mining

Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

Platinum price boost as top producer shuts down smelter

Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.

Six workers safely rescued from South African abandoned gold mine

South Africa is believed to have approximately 6,000 abandoned mines and between 8,000 and 30,000 illegal miners across the country.

Stars aligning for platinum price

Study predicts fifth year of growing deficits and halving of above ground stocks as strikes in top producer South Africa loom.

South African mining output falls sharply

PGMs down nearly 10% and manganese production down 24%.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

Norilsk: A blood red river runs through it

River near the eponymous city of world's top nickel and palladium miner turns crimson.

Platinum, palladium prices pop as pay talks peter out

South African labour union that led a bruising 20-week strike in 2014 declares dispute with top producers over 50% wage hike demands.

Anglo's top shareholder to call vote on assets sale plan

South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.

Sibanye logs steep rise in half-year profit, mulls platinum mines future

The miner said it was is currently assessing the operational and financial situation of its platinum division, which may require "remedial action".

Investing in the new resource bull market

After four grinding years of falling metal prices and vanishing market capitalizations, we have seen a stunning shift in market sentiment since mid-January, says Matt Geiger of MJG Capital. Multiple physical commodities are now in technical bull markets.

SA's mining leadership needs to grasp opportunities missed in the last commodity boom – SRK

Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).

Four China charts to turn you into a mining bull

And one that's ultra-bearish.

Hedge funds up bullish platinum, palladium bets near record

Large scale futures speculators and PGM investors in physically-backed exchange traded funds are taking wildly different views of the outlook for the metals.

Anglo's top shareholder could reduce it to diamond-only miner

South Africa's state pension fund is pushing Anglo to spin off all its assets in the country, including the miner's coveted platinum mines.

Draft bill says list in Harare if you want to mine in Zimbabwe

None of the foreign-owned platinum miners operating in the world's number three producer of the precious metal is listed on the Zimbabwe Stock Exchange.

South Africa output topples platinum, palladium prices

PGM prices plunge after data show country's mines responsible for 70% of global production are humming and local currency revenues are hitting records.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.