March 9, 2012

Zimplats targets 1 million platinum ounces a year

Mines belonging to Zimplats, the Zimbabwe unit of Impala Platinum, have at least 30 years of production left in them and could deliver one million platinum ounces annually, according to…

March 8, 2012

Zimbabwe – last to leave, never mind turning off the lights – they’re already off

In the 32 years of his benighted rule, Zimbabwe's President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did.

March 7, 2012

Are South Africa’s new platinum and silver ETNs exciting

South Africa's ABSA bank plans to launch platinum and silver Exchange Traded Notes (ETNs). Will they prove to be as successful as the country's New Gold ETF?

March 6, 2012

Zimbabwe to announce Implats fate after ownership talks deadlocked

State-controlled Herald newspaper says Zimbabwe's Mines and Empowerment ministers will meet on Wednesday and announce a decision on Zimplats after latest talks on black ownership ended in deadlock.

March 4, 2012

Production resumes at Impala Platinum after six weeks wildcat strike

Full production has resumed at the Impala Platinum Mine in Rustenburg, where workers had been on an illegal strike for six weeks.

March 3, 2012

Indians’ love affair with platinum was brief

The Business Standard reports now that platinum trades more in line with the gold price, Indian jewellery buyers are moving back into gold.

March 2, 2012

New study says 66% of institutional investors choose Africa as number one destination. No wonder. Have you seen the size of that place?

A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of five, two-thirds see Africa – projected…

March 1, 2012

Platinum closing the gap on gold

Platinum appears to be rapidly overhauling gold as its fundamentals improve as industry picks up coupled with African mine troubles and it looks set to re-establish its price premium in…

February 29, 2012

Jewelers want platinum for Asians after gold vaults

Platinum is luring jewelers away from gold after investors’ purchases of bullion to escape market turmoil pushed prices to records.

February 24, 2012

Aquarius Platinum and Impala face Zimbabwe’s rejection to sell-off plans

Shares in Aquarius Platinum Ltd. (LON, ASX: AQP), the fourth- largest producer of the metal, dropped 11% this morning in Johannesburg, the deepest decline since October 2008, after the company…