November 9, 2015 Lonmin sees salvation, launches $407m rights issue at only 1 pence per share The company has priced its $407 million share sale at a discount of 94% as it fights for survival after a near-collapse in the commodity's price.
November 8, 2015 Platinum mines may run short of water in 2016 Consulting engineering company, SRK, raised the risk that South Africa's platinum firms may start to run short of water next year if the country's drought persisted.
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.
South Africa’s last manganese smelter on the brink as high power costs weigh Transalloys CEO Konstantin Sadovnik says the business has been loss‑making for about three years. December 30, 2025 | 08:13 am
