Platinum Mining News

Record $93B private capital flows into natural resources

But only sliver of funds raised destined for mining and metals

Pimco favors 'unloved' platinum that's looking cheap to gold

Platinum could be the dark horse among precious metals, according to a money manager at Pacific Investment Management Co.

Sibanye-Stillwater has contingency plans for strike at platinum operations

The new strike would begin on Jan. 22 and involve around 12,500 of its members.

Cryptocurrencies vs precious metals – which are more energy-intensive to mine?

New research reveals that cryptocurrency mining expends significantly more energy compared to the mining of natural resources.

Palladium prices still aren’t high enough: David Fickling

Platinum’s lesser-known cousin keeps going from strength to strength

MAX Resource to develop large gold project in Colombia

The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Platinum price gets $6 billion shot in the arm

But short term pain will persist.

Amplats expects 20% jump in full-year earnings

Helped by an increase in the rand basket price and improved operational performance.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

No. 2 platinum miner mulls purchases in low-cost asset shift

Chief Executive Officer Nicolaas Muller said Implats could return to profit by around 2020 by shutting older shafts at its Rustenburg mining complex.

DRDGOLD begins first phase of Far West tailings project

The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

Trade truce lights fire under mining stocks

Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.

Anglo CEO says investor confidence returns to South Africa

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin also said on Thursday it expects Sibanye's deal to close early next year, but cautioned that some uncertainty still exists over its completion.

Zimbabwe sees no radical change for platinum, diamond ownership

Minister of Mines and Mining Development, Winston Chitando told Reuters there would be "no change" for diamonds and platinum when asked about industry speculation the indigenisation rules could be relaxed further.

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

South Africa's Sibanye has proposed to buy Lonmin for about 285 million pounds ($365 million) to create the world's No. 2 platinum producer.

S. Africa competition tribunal OKs Sibanye acquisition of Lonmin

Deal would create the world’s No.2 platinum producer.

Lonmin workers ask South African tribunal to stop merger with Sibanye

If approved, merger would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Zimbabwe platinum miners plan base-metal refinery, minister says

The processing plant has been under consideration since at least 2014.

Group ten metals – On the search for platinum group metals in Montana

Michael Rowley, president and CEO of Group Ten Metals Inc. interview with Maurice Jackson.

S.Africa's Implats in talks to sell 1 Shaft operation in Rustenberg

Implats plans to trim staff by about a third -- more than 13,000 jobs -- over two years at its Rustenburg platinum belt.