Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.
Platinum Mining News
World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.
It was an up and down year for commodities, but things ultimately finished in the black.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.
Mickey shares what indicators he uses to guide the health of the economy and what those indicators are conveying.
Turnaround in GDP expansion in world's top commodity consumer over the past few months "almost as sharp as in 2009" says new study.
TABLE: China's copper demand grew 11-fold in 15 years – the rest of the world shrunk. Sans China, the nickel market would've barely broken a million tonnes.
Global platinum mine or metal content in ore production is set to rise from 6.4 million ounces in 2015 to 6.7 million ounces by 2020, representing compound annual growth rate (CAGR) of 1.7%, according to the latest report from research and consulting firm GlobalData.
Down $110 in December.
CAT launched a fully mechanized longwall system for continuous mining of flat and tabular deposits.
Together with reducing Sibanye’s dependence on its aging South African assets, the deal will make the company the world's third largest palladium producer, the company said.
The African nation produces some 70% of the globe's platinum.
While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.
Ample above ground stocks, rising mine supply could dampen prospects for 2016 best performing precious metal.
Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.
Completing the $264-million mine will boost the platinum reserves of Zimplats from 3 million to 9 million ounces.
Global miners have been cutting spending on new projects and expansions since 2012.
For those hoping for a strong uptick in the price of the precious metal, the World Platinum Investment Council does not offer reason to be sanguine.
Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.
Consolidation in South African's platinum mining sector continued on Friday with Lonmin's decision to buy Amplats' stake in the Pandora platinum mine.
Comprehensive wage agreement brings stability to South Africa platinum industry, responsible for more than 70% of world output.
The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.
First you need to screen for rubber, gravel, cement dust and cigarette butts.