November 5, 2015 Wellgreen Platinum signs C$11.4 million financing package led by Resource Capital Fund VI L.P. With these agreements in place, the Company has initiated the second phase of its 2015 exploration drill program at Wellgreen and expects to undertake a comprehensive metallurgical testing program starting…
November 4, 2015 Lonmin may shut down if shares sale flunks The radical decision would make of the platinum producer the biggest casualty of the ongoing commodity rout that is hurting miners worldwide.
November 2, 2015 Lonmin warns of $2bn write-down, 6,000 job cuts The world’s third-largest platinum producer is also planning layoffs, cutting capex and lowering unit costs.
October 29, 2015 Mining industry value drops below one trillion dollars In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.
October 23, 2015 Platinum price back to triple digits This week Volkswagen stopped selling diesel vehicles in Europe while top producer Anglo American announced a 14% surge in output.
October 21, 2015 The elements of power in the Rare-Metal age “There’s no chance that the iPhone is going to get any significant market share, no chance” —Microsoft chief executive, Steve Ballmer, June 2007.
October 19, 2015 The $2 trillion mining value chain at a glance All you need to know about mining and metals and the role the sector plays in key industries of the global economy in one simple table.
October 16, 2015 Platinum price: VW taketh away, Toyota giveth Platinum price up 14% in two weeks gets further boost as Toyota unveils big push into fuel cell cars where PGM loadings are typically 7 times higher.
October 14, 2015 The value of South Africa’s top miners more than halved in just a year The dramatic fall in overall market capitalization reflects, according to PwC, the impact of the ongoing commodities rout and other challenges the local industry has faced in the last year.
October 13, 2015 S. Africa’s main coal union accepts wage offer, ends strike The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
