GOLD 1302.61 $/ozChange: -0.25
PLATINUM 1438.50 $/ozChange: 2.00
R/$ exchange 10.53Change: 0.03
R/€ exchange 14.59Change: -0.01
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
PGM
 
PLATINUM

RBPlat blames safety stoppages for 10% output slump in Q1

0 COMMENTS
Royal Bafokeng Platinum’s (RBPlat’s) platinum production for the quarter ended March 31 dipped by 10% year-on-year, following a slow start in January after the December break and several safety stoppages in January. Section 54-related...
17th April 2014
 
 
LABOUR

South African union, platinum bosses in fresh talks to end strike

0 COMMENTS
Labour Minister Mildred Oliphant The leaders of South Africa's striking mining union and the chief executives of the world's three biggest platinum producers were set to meet on Thursday, in a renewed drive to end a crippling strike entering its thirteenth week. "They will be...
17th April 2014
 
 
ECONOMY

South African stocks slide, led lower by miners

0 COMMENTS
South African stocks were led lower by top tier mining stocks on Tuesday as global gold prices slumped by more than two percent on US dollar strength. AngloGold Ashanti was the biggest loser in the blue chips index, tumbling 3.78% at R184.25, its...
16th April 2014
 
 
WAGE NEGOTIATIONS

AMCU opens ‘strike fund’ for members, calls for donations

0 COMMENTS
AMCU president Joseph Mathunjwa Labour union the Association of Mineworkers and Construction Union (AMCU) has opened a ‘”strike fund” for its striking members in the platinum belt, appealing for donations from the State, trade unions, interest groups, nongovernment...
15th April 2014
 
 
PLATINUM-GROUP METALS

No platinum surge despite 400 000 oz strike-related output loss - bank Video Available

0 COMMENTS
Standard Bank commodities head Walter de Wet South Africa’s Standard Bank estimates that about 670 000 oz of platinum-group metals (PGM) had been lost by the end of March as a result of protracted strike activity in the sector, with platinum comprising about 400 000 oz of that total and...
14th April 2014
 
 
PLATINUM

Amplats 'not in good financial position'

0 COMMENTS
Anglo American CEO Mark Cutifani Anglo American's Rustenburg operations are not in a good financial position, the company said on Monday. "The Rustenburg operations are those that are in the most marginal financial position in the platinum group, we cannot rule out the need for...
14th April 2014
 
 
LABOUR

Miners regress on ARV treatment – Lonmin

0 COMMENTS
Lonmin CEO Ben Magara More than a 1000 Association of Mineworkers and Construction Union (AMCU) members were defaulting on their anti-retroviral treatment, according to a letter mining company Lonmin sent to the union. In a written response dated April 9, to Amcu's...
14th April 2014
 
 
PLATINUM

Jubilee enters final phase of Mpumalanga ops revamp

0 COMMENTS
Leon Coetzer Aim- and Altx-listed Jubilee Platinum’s commissioning of the third ARC furnace at its Middelburg smelter operations, in Mpumalanga, this month has marked the final phase of its four-phase, two-year renewal programme. The mine-to-metals...
14th April 2014
 
 
 
 
 
 
PGM Multimedia
image
VIDEO
image
View all
 
 
No platinum surge despite 400 000 oz... Video
Pallinghurst bringing in new tech to boost... Video
Multicommodity projects rolling out on... Video
$100m Amplats’ firepower for platinum metals... Video
‘Future mine’ research needs to begin now... Video
Wits ‘digital mine’ taking satellite... Video
Transnet boosts Exxaro’s coal railing, Eskom... Video
New intelligence firm has wherewithal to probe... Video
Profit-making RBPlat cautions industry over... Video
image
Audio
image
View all
 
 
Anooraq focusing on doubling output... Audio
NA Palladium mulls organic,... Audio
No plan for State-owned mining... Audio
Ontario fast-tracks mining law revamp... Audio
New Angloplat CEO hopes to fix... Audio
Lonmin considers power options to... Audio
Over 200 mining-related land claims... Audio
PTM taps N American experience to... Audio
Platinum deficit will likely widen in... Audio