September 25, 2019

Platinum Group Metals boosts reserves at Waterberg mine with new DFS

Under the DFS mine plan, first production is estimated in late 2023 with ramp-up to steady state by 2027.

September 25, 2019

Sibanye to axe over 5,000 jobs in Marikana restructuring

The precious metals miner said that 3,904 were permanent positions, while 1,366 were contractors.

September 20, 2019

Palladium price peaks at new record high, rhodium roaring

"Any signs of stimulus from the Chinese auto market could lead to additional upside price potential."

September 20, 2019

Leader of militant South African mining union re-elected

Joseph Mathunjwa has been at the helm of AMCU since it was officially registered in 2002.

September 12, 2019

South African mine union says ballot rule to curb ‘wild strikes’

As wage negotiations with some South African platinum producers reach deadlock, one labor union welcomed a new rule for any strike to require backing from workers in a secret ballot.

September 12, 2019

Scientists to drill the ‘most valuable mineral province on earth’

The Bushveld Complex in South Africa hosts most of the global platinum-group element, chromium, and vanadium resources.

September 10, 2019

South African platinum miners’ wage talks go to internal abitrators

The Association of Mineworkers and Construction Union (AMCU) demanded in June a monthly basic wage hike of about 48%.

September 9, 2019

Platinum giants say union declares dispute in wage talks

The producers have rebuffed AMCU’s initial demands for a 48% wage increase, which some say would lead to job losses and mine closures.

September 8, 2019

Precious metals may be locked below moon’s surface – study

Canadian and US researchers link the sulfur content of lunar volcanic rocks to the presence of iron sulfide deep inside the moon.

September 6, 2019

Rampant investor demand eats into platinum oversupply — report

Resurgent investor demand for platinum will drive overall consumption of the metal up 9% this year, the World Platinum Investment Council (WPIC) said on Friday.