December 2, 2014

Meet South Africa’s ‘gold slaves’

Illegal gold excavation and scrapping, worth about six billion rands per year (about US$550 million), is today the lifeblood of Johannesburg’s informal economy.

November 30, 2014

Low oil prices good for PGMs

A Scotiabank analyst noted Thursday that when oil prices drop heavily on ample supply and strengthening consumer demand, car demand tends to surge.

November 26, 2014

Price fixing lawsuits come to platinum, palladium market

Goldman, BASF, HSBC and Standard Bank accused of front-running and spoof orders while in charge of the London PGM Fix since 1989.

November 26, 2014

Police and protestors clash at Ivanhoe mine in South Africa

Locals were protesting the imminent construction of Platreef platinum mine.

November 24, 2014

Ivanhoe jumps on exploration results at African mine

The miner has hit exceptionally high-grade silver, zinc and copper at its Kipushi mine in the DRC.

November 23, 2014

Platinum mine criminal charges a first for Alaska

A federal grand jury in Anchorage handed up a 28-page indictment accusing XS Platinum and five executives of conspiring to violate the federal Clean Water Act and of falsifying compliance…

November 21, 2014

Paul Wilson, CEO, World Platinum Investment Council: “We will help investors by providing better data on platinum”

The Council was launched by a group of six platinum producers in South Africa, in order to further develop the global market for platinum investment.

November 19, 2014

Parent company liability for foreign subsidiary’s actions – alarming new trend?

A recent lawsuit in British Columbia is the latest example of an emerging trend in which plaintiffs are seeking to hold parent companies liable in negligence in relation to the…

November 19, 2014

Resource titan, Robert Friedland on the future of Platreef

After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project…

November 16, 2014

South Africa mine-killing probe draws to close after 2 years

More than two years after 34 protesters were killed in the deadliest police action in South Africa since the end of apartheid, the state is completing its investigation.