Platinum Stocks News

South Africa, Zimbabwe look for mining revival under new leaders

February 25, 2018 / Platinum mining news

South Africa and Zimbabwe both have vast resources of gold, platinum, diamonds and other minerals. The biggest obstacles to investment were their unfriendly policies. The Fraser Institute, in its annual survey of the attractiveness of mining policies around the world, ranked both countries among the worst

Zimbabwe Mining Investments Conference 2018

February 26, 2018 / Platinum mining news

Mining companies operating include Zimbabwe include Zimplats, Mimosa Platinum, African Chrome Fields, Caledonia Mining Corporation,Vast Resources Plc, Metallon Corporation, Anglo American , African Chrome Fields ,Makomo Resources, Prospect Resources , Premier African Minerals, Hwange

Bauba Platinum invests in processing upgrades at Moeijelijk mine

February 24, 2018 / Platinum mining news

JSE-listed platinum explorer and chrome producer Bauba Platinum has concluded a contract for the design, construction and commission of a chrome spiral circuit wash plant and primary crushing circuit at its Moeijelijk mine, in the Limpopo province of South Africa. South Africa - The upgrade of the plant is

Northam Platinum to create 6 500 new jobs in growth thrust

February 23, 2018 / Platinum mining news

JOHANNESBURG (miningweekly.com) - Platinum group metals (PGM) mining company Northam, which is in a strong organic and acquisitive growth phase, will be generating 6 500 new mining jobs in the next four to five years, which dovetails with President Cyril Ramaphosa's 'sunrise' aspirations

Platinum Group Metals Announces Positive Results of Annual ...

February 24, 2018 / Platinum mining news

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (TSX:PTM) (NYSE American:PLG) ("Platinum Group" or the "Company") is pleased to announce the positive results from its Annual General Meeting held on February 23, 2018 in

Zimbabwe: Unki Smelter Complete in H2 2018

February 23, 2018 / Platinum mining news

Anglo-American Platinum Limited's wholly-owned subsidiary Unki Mines is scheduled to complete a smelter in the second half of 2018 while total production is expected to remain flat at 170 000 PGM ounces. The smelter is being constructed at a total cost of R650 million (US$55 million) and R306 million

New Age Metals: Lithium Division-Manitoba and Platinum Group ...

February 22, 2018 / Platinum mining news

(News Release: January 15th, 2018) This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969 at the Tanco Mine. NAM's Lithium Projects are strategically situated in this

South Africa's new leadership has started well, top mining boss says

February 22, 2018 / Platinum mining news

Resurrecting South Africa's mining industry is one of the long list of challenges that Ramaphosa must deal with. The country, though rich in coal, diamonds and gold - as well as being the world's leading platinum producer - has seen its mining industry founder in recent years due to high costs, low

Froneman calls for collective action towards zero harm in fatality ...

February 22, 2018 / Platinum mining news

Sibanye, he said, had realised more than a R1-billion in yearly synergies since taking over Rustenburg Platinum Mines at low cost from Anglo American Platinum. "Labour-intensive operations, if run correctly, can be highly productive and cost effective," he said while flashing a slide on to the screen

New dawn for platinum mining – Robert Friedland

Feb. 7, 2018 / Platinum mining news

CAPE TOWN (miningweekly.com) - New cars being produced in Japan have platinum- and copper-intensive fuel cell drives that outdo battery-powered electric vehicles (EVs) in cold climates as the EV batteries drain when the heaters are switched on, Ivanhoe Mines executive chairperson and founder

Northam Platinum plunges deeper into the red

February 23, 2018 / Platinum mining news

Northam has committed at least R2.6bn to expand its portfolio, which included the development of the Booysendal south mine and the acquisition of a platinum group metal recycling business in Pennsylvania, in the US. Lower volumes effected sales revenues, which dropped by 3.1% to R3.4bn,

Sibanye-Stillwater withholds final dividend as it plunges into loss

February 22, 2018 / Platinum mining news

Sibanye has embarked on an aggressive growth strategy in platinum group metals, snapping up the Rustenburg mines from Anglo American Platinum, the whole of Aquarius Platinum and a $2.2bn cash purchase of all of US-based Stillwater Mining. It has launched an all-share bid for Lonmin in SA, making

Global Platinum Mining Market 2018 Key Players Lonmin, Platina ...

February 22, 2018 / Platinum mining news

This new research report that entirely centers "Global Platinum Mining Market" is an exhaustive analysis of driving forces, driving risks, Platinum Mining business opportunities, threats and challenges involved in Platinum Mining market. It offers decisive specks of the Platinum Mining market such as major

Sibanye Gold Reports 10% Decline in Reserves

February 20, 2018 / Platinum mining news

Sibanye Gold is a South African gold mining company with gold and platinum mining operations in South Africa and Zimbabwe; after the purchase of the U.S.-based Stillwater Mining Company, it also holds operations in Montana for the production of palladium and platinum. The company said that its South

JSE opens lower on global miners but platinum stocks remain in ...

February 20, 2018 / Platinum mining news

The all share opened weaker on Tuesday, as global mining and gold stocks retreated on a marginally firmer dollar. Platinum shares were higher for the second consecutive day. Northam Platinum jumped more than 3% ahead of results expected later in the week. Anglo American Platinum shares were also

New South African leadership credit positive for gold miners - Moody's

February 19, 2018 / Platinum mining news

LONDON, Feb 19 (Reuters) - South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the country's top gold and platinum miners. It added that a resolution of issues around the country's revised mining charter and finalisation of MRPDA (Mineral

Signs of Thaw in South Africa Mine Fight as Ramaphosa Starts

February 19, 2018 / Platinum mining news

South Africa has the world's biggest reserves of platinum, chrome ore and manganese. The Mining Charter, introduced in 2004, laid out rules and targets for areas such as black ownership to help to redress economic inequalities stemming from white-minority rule under apartheid. It was updated in 2010,

Gold, platinum miners bolster business, operational plans

Feb. 16, 2018 / Platinum mining news

Gold, platinum miners bolster business, operational plans

Cyril Ramaphosa: from Lonmin mining massacre to President

February 15, 2018 / Platinum mining news

But Ramaphosa is better known in South Africa in connection with a massacre at the British-owned mining company Lonmin in 2012. Ramaphosa was a non-executive director when a wildcat strike at the Marikana platinum mine ended with police shooting dead 34 strikers. He had called on the authorities

Northam opens R900m platinum smelter expansion

February 15, 2018 / Platinum mining news

THABAZIMBI (miningweekly.com) - Platinum mining company Northam on Thursday officially opened a R900-million smelter expansion at its Zondereinde platinum mine in Limpopo province. The addition of a second furnace extends the JSE-listed company's nigh 30-year-old partnership with metals

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