Platinum Stocks News

Rallying behind Rhodium

January 19, 2018 / Platinum mining news

South Africa alone produces roughly 80% of the world's rhodium, which is extracted as a byproduct of platinum and nickel mining, with about one quarter of rhodium production coming from secondary sources, mainly recycled catalytic converters. The impact that even small changes in supply and demand

Lonmin warns of 'significant' covenant breach

January 18, 2018 / Platinum mining news

Gold miner Sibanye has grown into one of the world's largest platinum producers since listing in 2013, snapping up the whole of Aquarius Platinum, the Rustenburg mines of Anglo American Platinum and Stillwater Mining. The bid for Lonmin, the world's third-largest platinum miner, will thrust Sibanye into

SA's five mining bosses most under pressure in 2018

January 17, 2018 / Platinum mining news

Running a mining company is not beer and skittles at the best of times, but there are a number of industry bosses who are under particular pressure at

Platinum Group Metals: Don't Turn Out The Lights Yet

January 17, 2018 / Platinum mining news

Platinum Group Metals, Ltd. (NYSEMKT: PLG) is a small start-up mining company established in Vancouver, Canada, with two main assets in South Africa. PLG is in a process of transforming itself to an "exciting palladium startup mine" with an attractive new palladium project, potentially ready-to-go next

How asteroid mining could save the planet

January 17, 2018 / Platinum mining news

Many people are skeptical of asteroid-mining because they imagine that the goal is to bring platinum back for sale in Earth's metals market. Reporters repeatedly cite an irresistible statistic that the platinum in an asteroid can be worth trillions of U.S. dollars, but anyone with an understanding of economics

WATCH: Mining's upbeat data is not the whole story

January 17, 2018 / Platinum mining news

There was good news on the mining front, with the release of the country's November mining production data that showed that output beat economists' expectations. Mining rose 6.5% year on year. The largest positive contributors were platinum group metals (PGMs), iron-ore and coal while gold was a

Kinross & Klondex recognized for excellence in mining

January 17, 2018 / Platinum mining news

Kinross Gold U.S.A., Inc. received AEMA's Environmental Excellence Award for remediation and reclamation of the Mineral Hill Mine, located adjacent to Yellowstone National Park in Montana. Klondex Mines Ltd. received the Platinum Award for Corporate Excellence in recognition of their outstanding gift

Podium to list platinum assets in WA

January 16, 2018 / Platinum mining news

An eventual platinum mining operation in this region would see Podium Minerals making history as the first primary platinum group mining operator in Australia. Platinum is an extremely rare mineral that is often produced as a bi-product of nickel and copper mining. Its principal use is for emissions friendly

Electric vehicle growth to shake-up platinum and palladium markets

January 16, 2018 / Platinum mining news

only two new palladium projects and one new platinum project currently in the pipeline, according to our key mining projects database. As a result both Russia and South Africa will witness minimal production growth in platinum and palladium over 2017-2026 adding to the existing market deficits, which in

5 Top Weekly TSX Stocks: Primero Mining Rockets to Top Spot

January 15, 2018 / Platinum mining news

Its main asset is its Waterberg platinum-group metals project, for which it is currently completing a definitive feasibility study; most recently, the firm appointed lead engineers for the study. The company released its Q1 results last week, commenting that during the three months ended November 30, 2017,

RBPlat calls for calm as person shot dead at mine amid protest

Jan. 11, 2018 / Platinum mining news

A PERSON was shot dead last night at the premises of the Bafokeng Rasimone Platinum Mine (BRPM), which is owned by Royal Bafokeng Platinum (RBPlat), during a violent protest in which about 100 people tried to gain access to the property. The event is thought to be the latest turn in a dispute

Platinum Group Metals Ltd. Reports First Quarter Results

January 12, 2018 / Platinum mining news

During 2017 the Company made the decision to exit conventional platinum mining by agreeing to sell its position in the Maseve Mine in a transaction valued at approximately $74.0 million, the proceeds of which will be used to repay a majority of the Company's secured debt. For more information see news

Platinum Group Metals Ltd. Reports First Quarter Results

January 12, 2018 / Platinum mining news

During 2017 the Company made the decision to exit conventional platinum mining by agreeing to sell its position in the Maseve Mine in a transaction valued at approximately $74.0 million, the proceeds of which will be used to repay a majority of the Company's secured debt. For more information see news

Protest at RBPlats Mine Site Results in a Death

January 12, 2018 / Platinum mining news

Royal Bafokeng Platinum's (RBPlats) (JSE:RBP) share price was down 2.98 percent at close of day Thursday (January 11) after an overnight protest led to the death of one person. The incident occurred at the North shaft area of the company's Bakofeng Rasimone platinum mine joint venture, located near

RBPlat calls for calm as person shot dead at mine amid protest

January 11, 2018 / Platinum mining news

A PERSON was shot dead last night at the premises of the Bafokeng Rasimone Platinum Mine (BRPM), which is owned by Royal Bafokeng Platinum (RBPlat), during a violent protest in which about 100 people tried to gain access to the property. The event is thought to be the latest turn in a dispute

New Age Metals: 2018 Ground Geophysics Update at the River ...

January 11, 2018 / Platinum mining news

New Age Metals: 2018 Ground Geophysics Update at the River Valley Platinum Group Metals Project, Sudbury Mining District, Ontario

Tharisa's chrome production soars

January 11, 2018 / Platinum mining news

In a quarter of records, cash-flush Tharisa, a chrome and platinum group metal miner, reported its highest ever chrome concentrate and specialty chrome output as it focused on stripping waste at its opencast mine to expose the ore body. Tharisa, which benefited in its 2017 financial year from high chrome

Platinum Group Metals Ltd. (PTM:CA) Rises 9.47% for January 10

January 10, 2018 / Platinum mining news

The Company is focused on the operation and development of platinum and palladium mining operations. Its projects include Maseve Mine and Waterberg.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO R. Michael Jones. Platinum Group Metals Ltd. has hit a

Platinum Mining Market Analysis, Overview, Growth, Demand and ...

January 10, 2018 / Platinum mining news

Platinum Mining Market Report provides complete information about manufacturers, suppliers, distributors, traders, customers, investors and major types as well as applications. Platinum Mining Market is segmented based on type, application, and region. The Platinum Mining industry report provides an

CMTI Group gears up to supply gold, platinum mines

January 09, 2018 / Platinum mining news

JOHANNESBURG (miningweekly.com) - Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to increase its production capacity. Initial indications and expressions of

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