Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.
Platinum Mining News
“A lot of investors were really badly burned, ourselves included.”
Move aims to curb unrest around Anglo American's most profitable platinum mine — Mogalakwena.
The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.
The metal most known for its use in car exhausts is on a tear as the year comes to a close.
For the second year in a row, people are being bullish on silver.
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.
After years of near-death experiences, the story of Lonmin Plc is finally over.
Sibanye said it would cut a third of Lonmin's employees and deliver savings of about $112 million a year by 2021.
Palladium hit high of $1,022.70 Thursday, just off a 16-year high from last week, while platinum hit a low of $887.50 per ounce.
The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.
The South African miner is exchanging a number of gold-processing assets and tailings storage facilities for a 38% stake in DRDGOLD.
Jewellery posts growth of 3%, the first in four years.
Lawmakers will miss a December target to pass changes to mineral resource laws, seen as key for greater investor certainty.
Lobby group is seeking judicial review of new Mining Charter, which places extra levies on companies and raises requirements for black ownership.
The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
The three-year wage agreement was signed by all three unions, the company said.
This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.
Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.
Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.
The mining company said gold production rose to 11,576 kg in the three months to September 30 while group operating profit was $216.8 million.
Precious metal is up 114% or $880 an ounce in 2017 as above-ground stocks are "bled dry".
South Africa's Solidarity union cites low commodity prices and rising costs as two main factors behind the job cuts.
David Morgan uncovers supply and demand fundamentals on mining, cost of production, utility, and ratios in Proven and Probable interview.