July 30, 2012

Platinum underperforms gold due to lack of respectable safe-haven status

Platinum's poor performance relative to gold of late may be due to its lack of status as a safe-haven investment and a credible means of storing value.

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 27, 2012

Anglo Platinum confirms large-scale lay-offs

South Africa's Anglo Platinum, the world's largest primary platinum producer, has confirmed the lay-off of 725 employees from its central services and support functions, provoking the ire of the mining's…

July 23, 2012

South African platinum sector’s pains to persist with H1 reports

The release of financial statements by South Africa's key mining groups for the first half of 2012 is expected to reveal the full extent of difficulties in the platinum sector…

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…

July 19, 2012

Eastplats reports production results for the quarter ended June 30, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 19, 2012) - Eastern Platinum Limited ("Eastplats") (TSX:ELR)(AIM:ELR)(JSE:EPS) reports operating results from the Crocodile River Mine ("CRM") for the quarter ended June 30, 2012 ("Q2…

July 16, 2012

How to get rich in outer space: a visual guide

Recent developments show that becoming rich by profiting of the minerals that asteroids, stars and unknown planets have to offer it is closer than ever. Before it is too late,…

July 12, 2012

Planetary Resources and Virgin Galactic partner up for payload services

Space mining start-up Planetary Resources has announced that it has partnered with Virgin Galactic in the quest to explore asteroids for minerals.