September 6, 2011

Zimbabwe threatens to prosecute Implats unit

Zimbabwe said on Tuesday it could prosecute or cancel the mining licence of Zimplats, the local unit of Impala Platinum, for failing to agree to transfer majority ownership to local…

September 6, 2011

London platinum/palladium 1400 fix – Sept 6

FIX PREV FIX PLATINUM 1866.00 (1877.00) dlrs PALLADIUM 761.00 ( 766.00) dlrs per troy ounce

September 2, 2011

HSBC cuts 2011 platinum, palladium forecasts

LONDON -(Dow Jones)- HSBC has cut its 2011 platinum and palladium price forecasts but upped its outlook for the period from 2012 to 2018, citing expectations that the market will…

August 31, 2011

South Africa may force mining sector into beneficiation

South Africa's mining sector could be forced to take part in beneficiation activities, the Department of Mineral Resources (DMR) has indicated. Mining licences could be granted with conditions attached to…

August 30, 2011

Implats halts work at Rustenburg shaft project after fatality

According to the National Union of Mineworkers a contractor from Murray & Roberts died after being struck by a rock at the shaft. Impala Platinum (Implats), the world's second largest…

August 30, 2011

Nortec (NVT) Signs Agreement for $20.5 Million Option of the LK Project, Finland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Further to the press release dated July 27, 2011, Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) ("Nortec" or the "Company"), is pleased to announce…

August 30, 2011

Implats may invest $10 billion in Zimbabwe – if it has control

Mining Review reports Impala Platinum ‒ the world’s second-largest producer of the precious metal ‒ may invest as much as $10 billion in Zimbabwe to expand production if the government…

August 29, 2011

New $2.6 billion market for platinum and palladium

According to a new report by GIA the global market for heavy-duty diesel (HDD) catalysts is forecast to reach $2.6 billion by the year 2017, spurred by rigorous emission control…

August 29, 2011

Empowerment plan unworkable: Impala

JOHANNESBURG � Zimbabwe's controversial drive to force foreign-owned firms to sell controlling stake to local blacks will derail efforts to woo investors badly needed to help rebuild the country's economy,…

August 25, 2011

Impala Platinum earnings leap 41% but Zimbabwe concerns linger

South Africa's Impala Platinum Holdings (Implats) said on Thursday that its headline earnings for the 2011 financial year rose 41% as it reaped the benefit of rising prices. The world's…