PLATMIN LIMITED

Half-billion South African platinum mine gets green light

Andrew Topf | April 4, 2012
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The South African government has ok'd a $443-million platinum mine located north of Rustenburg.

  • Platmin to restart operations after two-week labour standoff ends

    MINING.com Editor | July 8, 2011
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    South Africa’s Pilanesberg Platinum announced on Friday a labour dispute has been settled and mining operations will resume next week after a two-week shutdown after employees of a contractor disrupted operations through intimidation of supervisors and damage to property and equipment.

    The share traded up almost 2% in afternoon trade but the company worth some $510m has lost more than a tenth of its value on the Toronto bourse since halting operations and is down close to 50% over the last twelve months.

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