Platinum Mining News

How to mine the side of the highway for platinum

First you need to screen for rubber, gravel, cement dust and cigarette butts.

Anglo American soars on positive production report

Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

South African union reaches tentative wage deals with platinum trio

AMCU has been demanding pay hikes of more than 50% for its lowest paid members and a 15% hike for its higher paid members.

Rand sinks platinum, palladium prices

Weakening currency supplies fatter margins for South African mines responsible for nearly three-quarters of global platinum production.

Anglo Platinum sells resources to Northam Platinum for $72 million

The company remains confident the sale of its Rustenburg mines in South Africa to Sibanye Gold will clear its last regulatory hurdle before the end of the year.

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

CHART: Despite unnerving gold price fall, mining rally's intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

Sibanye Gold resumes operations at Cooke mine after attack

Four employees were attacked by unknown assailants.

Platinum price back in triple digits

Strikers at top South African platinum producer enter two-year wage deal.

South Africa’s mining industry continues to face tough times — PwC report

Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs.

No rapid rebound for African mining

Despite continued investment in copper assets on the continent from China and India hunting for coal mines.

Will Anglo stick to radical restructuring plans?

A credit upgrade, a rocketing share price and rally in coal and iron ore call into question downsizing strategy of world's number five miner.

Copper, platinum key to future of auto industry, mining financier says

The current lithium frenzy will end badly while gold bugs should look at the riper opportunities available in copper and platinum, according to mining financier Robert Friedland.

Flashback Friday: The world's scariest mining chart

One year ago the most popular post at 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.