July 21, 2011

Lonmin reaffirms platinum sales target; upgrades unit costs

Lonmin PLC (LMI.LN), the world's third largest primary platinum producer, Thursday said it expects to meet its annual platinum sales target, provided there are no work stoppages, and raised its…

July 19, 2011

PGMs, nickel explorer ends dispute with Constance Lake First Nation

Thunder Bay-based Zenyatta Ventures has ended its dispute with Constance Lake First Nation after the leadership of the 1,470-strong community decided to no longer pursue a motion of injunction against…

July 16, 2011

Palladium set to regain title of most precious metal of all

In 2001 palladium reached $1,080/oz when gold was only $300/oz and platinum $715/oz. Three factors will help fuel palladium to surpass its 2001 high and well beyond says Market Oracle:…

July 15, 2011

North American Palladium draws bullish bets

Shares in the platinum and precious metals mining company rose as much as 6.4% at the start of the session to an intraday high of $4.98 before the broad market…

July 14, 2011

Report: threat of army takeover looms large in Zimbabwe

Neighbour South Africa's influential Business Day reports as Zimbabwe’s shaky unity government inches ahead with extensive electoral reforms ahead of fresh elections now expected next year, the prospect of the…

July 14, 2011

South Africa mining sector outlook worsens

Business Live reports the outlook for the South African mining sector has worsened in recent weeks, economists from Nedbank said on Thursday. According to Statistics SA, growth in mining production…

July 13, 2011

Gold, coal and platinum strikes loom across South Africa

Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are red hot. South Africa's powerful National Union of…

July 13, 2011

NUM declares dispute with Northam Platinum division

The management of the Zondereinde division of Northam Platinum Limited (Northam) confirms that the National Union of Mineworkers (NUM) has declared a dispute with the company.

July 12, 2011

Platinum Group Metals dip on European debt crisis worries

Bloomberg reports that platinum group metals dipped today as concerns over the European debt crisis grow.

July 11, 2011

Stillwater Mining plans US$487.1 million acquisition of Peregrine Metals

Stillwater Mining, the only platinum and palladium producer in the U.S., announced on Monday that it will acquire Peregrine Metals for US$487.1 million. Peregrine Metals is a publicly-traded exploration and…