August 18, 2012

Lonmin now seeks $1 billion rights offer backed by Xstrata

The news follows the closure of Lonmin's Marikana mine in the NorthWest province of South Africa after clashes between rival unions and police left 44 dead.

August 17, 2012

Platinum up after killings

Investors sent platinum group metals higher after the massacre in South Africa.

August 13, 2012

South Africa platinum mine death toll reach nine as rival unions clash

A nightshift policeman hacked to death during clashes between rival unions brings to nine the number of fatalities at Lonmin's platinum mine in the North West province of South Africa.

August 4, 2012

Platinum and palladium continue to move sideways

Unless it mounts a challenge against its $1,500 resistance level, platinum will "stay on loose grounds" and will fail to attract new investment.

August 1, 2012

Three people shot dead after mob rushes Aquarius Platinum mine

Three protestors are dead and 20 are injured at Aquarius Platinum's Kwezi shaft when 200 disgruntled former contractors, some carrying petrol bombs, forced their way onto the company's property.

July 29, 2012

One of the world’s oldest ruling dynasties threatened by platinum industry crisis

The Royal Bafokeng nation, who control vast parts of the platinum belt in the north west province of South Africa warned that earnings at its main investment vehicle could be…

July 29, 2012

Anglo American – in at the deep end

Anglo American’s problems run deep – literally. Platinum mining in South Africa’s deepest mines is costly and dangerous enough. Anglo also has to contend with unsustainably high costs and feeble…

July 28, 2012

Platinum could outperform palladium: Deutche Bank

Deutsche Bank expects that platinum supply could see further cutbacks as economic/social pressures in South Africa mount and the price could be dragged higher by stronger gold prices over the…

July 23, 2012

Pebble mine: ‘If God were testing us, he couldn’t have found a more challenging place’

Arguably the richest prize in mining, the Pebble project pits a watershed where up to 40 million salmon spawn each year against copper and gold reserves worth as much as…

July 20, 2012

Major Anglo American reshuffle as Amplats CEO walks away

Neville Nicolau, the head of Anglo American’s platinum business is leaving the company, after the South African unit warned its earnings per share for the first half could drop as…