FILE PHOTO: A shepherd drives a herd of cattle towards the Mogalakwena platinum mine in Mokopane, Limpopo province, South Africa, September 20, 2017. REUTERS/Siphiwe Sibeko/File Photo. The other trustees include an independent chairperson, the Kgoshi, a member of a traditional council,
In December 2013, Jubilee and rival Platinum Australia said they were in advanced negotiations about merging the two businesses and creating a platinum mining group with the potential to become one of the top five producers in the world. However, the increased debt owed by PLA to its senior creditors
8, 2018 /CNW/ - Wellgreen Platinum Ltd. ("Wellgreen") is pleased to announce a corporate rebranding and name change to Nickel Creek Platinum Corp.
St George Mining (ASX: SGQ) has extended nickel, copper, cobalt and platinum group element mineralisation at its Cathedrals prospect, part of the company's Mt Alexander project, which is 120km south of a known nickel region in Western Australia. Latest assays from the November drilling program which
Platinum Group Metals Ltd is a mineral exploration and development stage company. The Company is focused on the operation and development of platinum and palladium mining operations. Its projects include Maseve Mine and Waterberg.. Platinum Group Metals Ltd. makes its home in Vancouver, BC,
Mr. Ramaphosa's critics, however, often remind South Africans that he was a director of the platinum mining company, Lonmin, in August, 2012, when 34 protesters were killed by police. As a director, he had called for police intervention at the mine after violence erupted during a labour strike. An inquiry
Looking further back, the price of platinum still remains a long way off the US$2,000-plus mark it hit in 2008. But it seems those with stakes in the precious metal might be in for some gains, according to Mining Review Africa. The publication stated that mining analysts "assert that the platinum group metals
The platinum mining index surged 2.77%, gold miners 1.34%, and the resources index 0.68%. Global stocks climbed on Friday, with the MSCI world index up 0.8%. Investor confidence has been buoyed by favourable economic data in Asia, Europe and the US, although official US jobs data disappointed
According to Nedbank CIB mining analyst Arnold van Graan, the South African gold and platinum group metals industries continue to face challenges. Rising labour costs, regulatory uncertainty and a lack of capital investment continue to hamper output levels, adding further cost pressure. "If anything, the
A local platinum mining company manager Walter Nemasasi said the 49 to 51 percent threshold imposed on platinum group of metals and diamonds should be lifted to lure more investors and improve productivity. The Emmerson Mnangagwa led government when it came into power in November
A local platinum mining company manager Walter Nemasasi said the 49 to 51 percent threshold imposed on platinum group of metals and diamonds should be lifted to lure more investors and improve productivity. The Emmerson Mnangagwa led government when it came into power in November
Platinum Group Metals Ltd is a mineral exploration and development stage company. 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
He is known in banking circles as Neal "the deal" Froneman, and for good reason. Since 2015, the South Africa-born mining engineer has launched four takeover offers, turning Sibanye-Stillwater, the company he runs, into a major force in the precious metals market. But Mr Froneman's appetite is far from
Mine closures in South Africa, which produced 70 per cent of global supply last year, has been cited as the major reason for the drop in ore supply. The automotive sector, which uses the metal in catalytic converters to reduce harmful engine emissions, accounted for 42 per cent of the 8.32 million ounces
Elsewhere in the report, it emerges that in 2015, Impala Platinum (Implats) had 54 safety stoppages in the first six months of the year and lost 52 000 ounces of platinum group metals, worth R720m. Salaries to employees barred from producing, coupled with other costs in maintaining operations, amounted
Asia-Pacific Platinum Mining Market 2017 Research report contains a qualified and comprehensive analysis of Platinum Mining Market. Initially, the report provides current Platinum Mining business scenario along with a proper evaluation of the Platinum Mining industry. Asia-Pacific Platinum Mining report
long slog Kgotso Kupa hard at work at the Motsamai and Kgotso Hair Salon in Atok, Limpopo. Kupa says business is tough since the Bokoni Platinum Mine, which was the economic heartbeat of the area, was put under care and maintenance by its owners, Anglo American Platinum, leading to a loss of
Anglo American Platinum (Amplats) is nearing completion of a $62m platinum group metal smelter at its Unki mine in Zimbabwe, meeting that government's demands for greater beneficiation of the industrial and precious metal. The smelter is 70% complete, still needing electrical systems to be installed,
"If the rand platinum group metal (PGM) prices remain low, we could see further M&A in 2018. The evolution of diesel in Europe and the emergence of electric cars will be important to watch next year," he said. Tsatsi added that the platinum mining sector in South Africa, with the exception of Anglo American
SHURUGWI-based Anglo-American Platinum Miners, Unki Mine's $62 million platinum smelting plant is now 70 percent complete and is expected to be commissioned in July next year. Construction of the plant commenced last year as the company heeds Government's call on value addition and