Platinum Mining News

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

South African gold firms file plea to appeal lung disease class action

The class action the firms want to appeal paves the way for thousands of current and former miners suffering from silicosis and tuberculosis to seek damage compensation from the companies.

Lack of long term strategic leadership partly to blame for mining job losses in S. Africa

South Africa's mining sector is facing the most serious challenge for many years demonstrated by mounting job losses.

Sibanye may close loss-making Cooke 4 mine, puts 2,500 jobs on the line

The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.

South Africa girding for another platinum strike

In what seems like an annual event, platinum companies in South Africa are bracing for what could be another year of labour unrest.

South African gold miners to appeal ruling in silicosis case

If the class action goes ahead, it will affect almost every gold mine in South Africa, including their parent companies, covering their conduct over the last 50 years.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

2017 Investing in African Mining Indaba introduces significant price reduction for mining corporates

Registration fees are as much as 50% lower than last year for mining corporates

Is it time to dump gold and buy platinum?

Bob Moriarty explains why precious metals investors may want to look beyond gold to a commodity with a long history and an interesting relationship to the yellow metal.

China's exhausting its gold reserves at 5 times the global rate

New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.

These are the world's 40 biggest mining companies

A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.

Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits

The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.

Wellgreen Platinum announces appointment of Diane R. Garrett, Ph.D. as President, CEO and Director

Ms. Garrett has over 20 years of experience in the mining industry and an exceptional track record for developing projects, building companies and creating considerable value for shareholders.

Luxembourg invests heavily in space mining

First time a country partners with privates to boost the development of the industry.

Study of private investors shows how risky mining can be

For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

South African gold miners to appeal silicosis ruling

They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.

CHARTS: Brutal May for metals and miners

A sharp reversal in metals and minerals prices during May see top mining companies shed billions in market value.

Bayer and Planetary Resources to collaborate to improve agriculture with space data

Improving agriculture with crop-specific satellite images.

Sibanye’s platinum mine workers begin indefinite strike

The company will seek a court order to stop the strike, which is already affecting output.

Planetary Resources now has $21 million to help miners find resources… on Earth

Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.

Two overlooked streaming stocks with huge upside potential

In the precious metals sector, this type of company provides financing for mining companies in the form of an upfront cash payment in exchange for a percentage of production or revenues from the mine.

No waste, no fuss for the mining industry

Mining companies are required, by law, to have abatement plans in place to deal with all kinds of waste.

Sprott monthly market update with Rick Rule: Cobalt bubble coming; Kaminak & The Yukon; streaming & royalties

In the current bull market, with more equity available, streaming and royalty companies continue to provide much needed revenue in the base metals and industrial materials sectors.

South African miners to pay 67% of acid drainage clean-up costs

The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.