August 19, 2011

Zimbabwe gives foreign firms empowerment ultimatum

Zimbabwe's government has given foreign firms, including mines and banks, a 14-day ultimatum to submit "acceptable" plans on how they propose to transfer majority shares to locals or risk losing…

August 18, 2011

South Africa PGMs project moving forward

JSE-listed Wesizwe Platinum’s Frischgewaagd-Ledig platinum-group metals (PGMs) project, in the Western Bushveld Complex, is moving forward with the next step – the start of civil works.

August 18, 2011

Flotation column manufacturer provides solution for high chrome content in final platinum concentrates

Local flotation column supplier PrepQuip has been commissioned to supply two unique flotation columns equipped with external spargers to South African platinum operations.

August 16, 2011

Royal Bafokeng plans $1.4 billion platinum expansion

Bloomberg reports the proposed expansion by South Africa's Royal Bafokeng Platinum follows an increase in demand for platinum which has gained 19% in the past 12 months to $1,818/oz. Steve…

August 15, 2011

Platmin Limited – Metal sales at record high in second quarter

Platmin Limited announced production results from the Pilanesberg Platinum Mine and financial results for the quarter and half-year endedJune 30, 2011. Sales revenue for the quarter-ended June 30, 2011 was…

August 15, 2011

Platmin faces production delays

[miningmx.com] -- THE riots that took place at platinum junior Platmin on June 23 could delay the projected ramp-up to full production from the Pilanesberg Platinum mine (PPM) by three…

August 15, 2011

Platinum dreams

Platinum is the most precious metal of them all. How to invest in it?

August 11, 2011

North American Palladium Announces Second Quarter 2011 Results

North American Palladium announced financial results and operational updates for the second quarter ended June 30, 2011. Highlights were production of 46,971 ounces of payable palladium at a cash cost1…

August 11, 2011

Aquarius takes $160m Blue Ridge impairment, ‘ambles’ forward

The ASX- LSE- and JSE-listed platinum miner Aquarius Platinum has taken a $160-million impairment knock on its currency-hit Blue Ridge Platinum Mine.

August 11, 2011

Aquarius Platinum says core profit rose 40%

The platinum producer said Thursday a strong rand outweighed higher prices for precious metals and, while EBITDA rose to $203.2m for the year, it reported a net loss on the…