July 29, 2012 One of the world’s oldest ruling dynasties threatened by platinum industry crisis The Royal Bafokeng nation, who control vast parts of the platinum belt in the north west province of South Africa warned that earnings at its main investment vehicle could be…
July 29, 2012 Anglo American – in at the deep end Anglo American’s problems run deep – literally. Platinum mining in South Africa’s deepest mines is costly and dangerous enough. Anglo also has to contend with unsustainably high costs and feeble…
July 28, 2012 AngloGold halts Savuka operations after fatality AngloGold, the number one gold miner on the continent, said "it was treating the death as an occupational accident pending an inspection scheduled for Monday."
July 28, 2012 Platinum could outperform palladium: Deutche Bank Deutsche Bank expects that platinum supply could see further cutbacks as economic/social pressures in South Africa mount and the price could be dragged higher by stronger gold prices over the…
July 27, 2012 Peak Resources announces $5.5 million private placement The company sold approximately 32.3 million units at $0.17 per share. Existing shareholders in Peak will be provided with the opportunity to subscribe for up to $15,000 worth of shares…
July 27, 2012 Anglo Platinum confirms large-scale lay-offs South Africa's Anglo Platinum, the world's largest primary platinum producer, has confirmed the lay-off of 725 employees from its central services and support functions, provoking the ire of the mining's…
July 26, 2012 Barrick misses expectations and delays Pascua-Lama Barrick Gold, the world's largest producer of the precious metal, reported higher-than-expected operating costs and a massive capital cost over-runs on Thursday in its first quarterly report since letting go…
July 26, 2012 Cadman announces LOI for Tanzania Mobzi copper project The company has concluded negotiations with Shenba Resources Holdings Limited, and entered into a letter of intent to acquire 65 per cent of the Mbozi Copper project located in the…
July 25, 2012 Harmony opts to starve illegal miners The drastic step, as reported by Reuters, is to "cut supply lines to gangs of illegal miners used to staying deep in the mines for months on end, threatening lives…
July 25, 2012 Botswana Diamonds recovers first gem at Libongo project in Cameroon Botswana Diamonds has recovered a 2-carat, low value, near gem quality stone, which confirms the diamondiferous potential of the deposit.
Silver retail buying keeps supplies tight as rally gathers pace Silver’s dizzying rally is leaving banks and refiners scrambling to meet unprecedented demand from retail investors. January 21, 2026 | 10:36 am
