Platinum Mining News

South Africa's chamber of mines challenges new charter in court

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies

More than 1,500 workers fired at Sibanye’s Cooke mine over strike

Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.

South Africa just hiked black ownership rules, miners getting crushed

The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.

Anglo American appoints takeovers expert as new chairman

Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.

CHART: Commodity prices slump to 50-year low against US stocks

S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.

'Strong hand' may be pushing palladium price higher

Back within shouting distance of 2-year highs amid talk of market "squeeze".

Miners frozen out as South Africa readies empowerment rules

Mining companies in South Africa have been frozen out of consultation over regulatory changes that could dilute shareholders, raise costs and impose new levies to fund community development.

CHART: Hedge fund commodity bulls misread the market

Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Low platinum prices push jewellery demand

Diamonds may be a girl's best friend but for budget-conscious ring-bearers, the preferred material might be platinum.

Incredible platinum uses

How platinum is used in technologies from pacemakers to fibre-glass...

London Royal Mint launches its first ever platinum bullion products

The Royal Mint has timed its first entry into the platinum bullion market to coincide with London Platinum Week.

'When not if' palladium will top platinum price

New report says record autocatalyst demand, falling mine supply, will make palladium more valuable than platinum for the first time since 2001.

5 clean energy innovations that could transform our world

Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.

Compared to silver and platinum, gold is getting really expensive

Investors can make money in precious metals without predicting the direction of prices, says Bob Moriarty of 321 Gold, by paying attention to the gold-platinum and gold-silver spreads.

Lower gold price in rand hurts Sibanye Gold's Q1

A higher South African rand versus the U.S. dollar was to blame for lowering Sibanye Gold's (NYSE:SBGL) net operating profit in the first quarter.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Sibanye Gold investors OK $2.2bn acquisition of Stillwater

Shareholders voted overwhelmingly in favour of the cash takeover, which will make the South African firm the world's No.3 palladium producer and No.4 platinum group metals miner.

More iron ore comes to the market as Anglo’s output soars in Q1

Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.

Iron ore, copper price plunge brings carnage to mining stocks

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Buy precious, sell base (metals)…..

Precious metals expert Michael Ballanger explains why he believes base metals are overbought and precious metals, especially silver, are set to appreciate.

BC mining financing dropped 40% in 2016

The mining industry still received 29% of the Canadian province’s top-grossing corporate financing deals.

Top 50 biggest mining companies

Combined worth of $842 billion with 20% gains so far in 2017.

This firm may make coal’s future a lot brighter

Australia’s Dotz Nano has found a new use for coal that could be a welcome boost to the dying industry, particularly in the US.

Precious metals are in alignment for a major ascent

Precious metals expert Michael Ballanger discusses silver's recent price performance and why he believes precious metals are in alignment for a major ascent.