ARTICLES RELATING TO PLATINUM

Zim's Mimosa platinum records rise in output

2015-07-28 15:08

Mimosa platinum mine, owned jointly by Aquarius Platinum and Impala Platinum, is on a strong footing after its quarterly production lifted by 5%, says the Aquarius CEO.

Amplats to build Zim plant to avoid tax

2015-07-20 14:14

Anglo American Platinum says it plans to build a "secondhand" smelter in Zimbabwe to avoid paying a 15% tax on exports of unprocessed minerals.

Amplats sees sharp earnings rise on strike recovery

2015-07-13 09:53

Anglo American Platinum says it expects its interim earnings to rise by almost 1 500% as it recovers from a five-month strike last year.

Platinum shares hit multi-year lows

2015-07-09 18:30

Platinum shares have hit multi-year and even decade’s lows as the metal's spot price pursued a relentless decline to new six-year lows, approaching the $1 000 (approx R12 500) level.

Amplats sees profit rising at least 20%

2015-06-15 11:17

Anglo American Platinum says first-half profit will climb at least 20% after it recovered from a five-month strike a year earlier.

Platinum price could test $1 000 in 2015

2015-05-14 12:15

Platinum prices could test $1 000 an ounce this year, a level not seen since early 2009, as supply from SA mines and global autocatalyst recyclers climbs.

Norilsk sees Africa cutting platinum output

2015-04-07 14:30

Norilsk Nickel sees output of platinum-group metals declining in the years to come as the Russian mining company leads investors in creating a palladium fund.

SA miners in Zim encounter headwinds

2015-03-06 14:25

Zimbabwe's mining output is declining as miners - including units of South African groups - grapple with low commodity prices and a challenging operating framework.

Temporary labour reprieve for SA miners in Zim

2015-02-25 08:40

A wage hike settlement agreed by Zimbabwean mineworkers and their employers has provided the miners with a temporary labour dispute respite.

Aquarius Platinum puts focus on improvements

2015-02-12 13:11

Aquarius Platinum has reported revenue of $113m for the half-year to December 31 2014 compared to the prior corresponding period.

 

Lonmin says 6 000 jobs at risk in proposed restructuring

2015-07-24 07:33

Lonmin says it was planning to close or mothball several mine shafts, putting 6 000 South African jobs at risk, because of depressed metal prices.

Royal Bafokeng Platinum expects to post loss

2015-07-13 12:26

Royal Bafokeng Platinum expects a loss in the first half of its financial year, because of lower prices, reduced output and the impact of a tax charge.

Lonmin falls to record low amid platinum drop

2015-07-10 20:30

Lonmin has dropped to the lowest level on record in London trading as platinum is set for the biggest weekly decline since October, with a UBS Group AG recommendation to sell.

Amplats drops to 10-year low, metal prices dip

2015-06-30 15:52

Anglo American Platinum has plunged to the lowest in 10 years amid a deepening slump in commodity prices.

Glencore exit shines light on platinum bargain Lonmin

2015-06-03 09:25

Glencore's distribution of Lonmin shares may create a buying opportunity - and for those willing to make an early bet on the rebound, Lonmin represents a bargain.

Amplats calls for fuel cell platinum in electric cars

2015-04-17 11:31

Automakers must expand their offerings of fuel-cell vehicles or risk being pushed out of the burgeoning electric-car market, according to Anglo American Platinum.

ARM earnings more than halve on weak prices

2015-03-16 14:16

Mining group African Rainbow Minerals says its earnings have fallen by more than 50% due to lower prices for commodities such as iron ore and platinum.

Implats aims for smaller Rustenburg operation

2015-02-26 10:26

Impala Platinum aims to modernise its Rustenburg mines, the centre of labour unrest in recent years, into "smaller, more concentrated mining" operations.

Craig Brewer: Realism, getting back to basics set mining industry tone for 2015

2015-02-19 07:49

Craig Brewer and Alec Hogg unpack the tone for the mining industry in 2015, looking back at Mining Indaba trends for the year ahead.

Lonmin sees no let-up for belt tightening

2015-02-11 13:08

The days of more volume giving benefits are gone, supply discipline is key and loss-making must stop, sayd Lonmin CEO Ben Magara at the Mining Indaba.

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