ARTICLES RELATING TO PLATINUM

Govt planning to push platinum demand

2013-05-16 18:26

Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom says.

Lonmin profit jumps as wage battle looms

2013-05-13 10:11

Platinum miner Lonmin more than doubled first-half profit and lifted its production guidance for the year, but warned of the challenge of wage talks ahead.

Lonmin tanks after furnace shutdown

2013-04-30 12:08

Shares of platinum miner Lonmin have taken a beating after the company was forced to shut down its Number Two furnace over an undisclosed incident.

Northam Platinum jobs under threat

2013-04-09 12:53

Northam Platinum says workers on an illegal strike at its mine in Limpopo for a 38% bonus hike could be fired after it incurred a R62.7m revenue loss.

Northam Platinum earnings slump 30%

2013-02-22 09:16

Northam Platinum, one of SA's smaller platinum producers, reported a 30.1% fall in first-half headline earnings as finance and tax charges swelled.

Amplats closes shafts, 14 000 jobs to go

2013-01-15 08:49
153 comments

World No 1 platinum producer Anglo Platinum will close four of its shafts indefinitely and sell its Union mine, a reshuffle that will lead to 14 000 job cuts.

Zimplats signs away 51% stake

2013-01-11 15:04

Impala Platinum has signed away a majority stake in its Zimbabwe-based operations Zimplats in compliance with local empowerment laws.

Aquarius rallies despite overbought alert

2013-01-02 12:32

Shares of world No 4 platinum miner Aquarius have added over 7% in the first day of trade in 2013, though charts suggest the firm is now overbought.

SA platinum mines eye Zim

2012-11-19 10:19

Platinum mining companies are expected to ramp up operations in Zimbabwe after production dropped to an 11-year low in South Africa, according to a report.

Platinum market swings into deficit

2012-11-13 13:17

Supply outages in South Africa are set to push the platinum market into deficit this year, says refiner Johnson Matthey.

Implats warns of platinum deficit

2012-11-12 07:19

The world's No 2 platinum producer expects the market for the precious metal with industrial uses to be in deficit for the next few years.

SA loses R10.1bn to mining strikes

2012-10-25 14:36

The total value of production lost to platinum and gold mining strikes since the beginning of the year is about R10.1bn, the national treasury has disclosed.

Lonmin cuts full-year sales forecast

2012-09-17 11:43

Platinum miner Lonmin says it now expects sales for the full year to be between 685 000 ounces and 700 000 ounces of platinum.

Platinum price jumps on mining unrest

2012-09-12 10:16

The price of platinum has risen to its highest in five months following reports of striking miners blocking roads leading Anglo Platinum shafts.

Precious metals rally on US jobs report

2012-09-07 17:00

A disappointing US non-farm payrolls report has sent the spot price of gold to its highest level in more than six months, a level of $1.733 per fine ounce.

Lonmin in race to restart mining

2012-08-27 07:59

World No 3 platinum producer Lonmin is in a hurry to resume ore extraction at Marikana, with no guarantee striking workers will return after a mourning period.

Embattled Lonmin appoints acting CEO

2012-08-24 08:36

Platinum miner Lonmin, facing a strained balance sheet, a shortfall in production and lost revenue after a violent strike that left 44 dead, has appointed an acting CEO.

Platinum price jumps on SA tensions

2012-08-22 13:45

Platinum has touched its highest since early May after signs of spreading unrest in top producer South Africa ignited concern among investors over supply.

Mining companies 'polluting SA politics'

2012-08-14 16:23

Funding by mining companies is polluting the country's political system,, making democracy problematic, says an independent monitoring group.

Aquarius Platinum swings to loss

2012-08-08 10:28

Aquarius Platinum has suffered a full-year loss, hurt by lower production and a $97m foreign exchange loss from the revaluation of inter-company loans.

 

'Opec' for platinum just a pipe dream

2013-05-16 15:08

SA may be the Saudi Arabia of platinum on steroids but unlike crude, it cannot manipulate the price by turning its "taps" on and off at will.

Lonmin reports solid performance

2013-05-13 08:53

Lonmin‚ the world's third largest platinum producer‚ reported a solid performance in the six months ended March 2013 with platinum sales up 2.4% on the prior period.

Wage talks for platinum workers set

2013-04-12 16:24

South African platinum firms and labour will discuss the possibility of an industry-wide wage deal for workers as opposed to company-by-company contracts.

Strike costs Northam R46m

2013-04-05 18:36

Northam Platinum, one of SA's smaller platinum producers, has lost R46.2m in revenue because of an underground sit-in at its mine in Limpopo, the company says.

Platinum price extends winning streak

2013-01-16 10:50

Platinum reversed early losses to extend its winning streak, buoyed by rising supply concerns after staff at top producer Anglo Platinum downed tools.

Platinum rises after Amplats move

2013-01-15 09:27

Spot platinum rose as much as 1.6% to a three-month high of $1 680.5 an ounce after Anglo Platinum announced plans to close four shafts and sell its union mine.

Platinum set to hit parity with gold

2013-01-14 10:55

Platinum is on course to equal gold as recent rallies sent its discount to gold to its narrowest in nine months, but it may be too early to declare a comeback.

Strikes to hit Amplats full-year profit

2013-01-14 08:33

Anglo Platinum, the world's largest producer of the precious metal, says it will fall to a full-year loss, hit by lost production from a two-month strike.

Pain ahead as Anglo prepares SA plan

2013-01-11 10:11

Amcu activist Evans Ramokga has a warning for Anglo American as it prepares to unveil a revival plan for its SA platinum business: don't close any shafts.

Miner held for stealing platinum

2012-12-30 12:05

A 37-year-old mineworker at Lonmin's Marikana mine has been arrested for possession of raw platinum powder worth R800 000, North West police say.

Palladium, platinum rally after report

2012-11-14 09:27

Platinum group metals have risen sharply after a bullish forecast that production outages earlier this year could create a supply deficit.

New Aquarius boss as sector struggles

2012-11-05 14:52

Platinum producer Aquarius Platinum says it has appointed a new CEO, the latest management shakeup in a sector crippled by labour unrest and falling profits.

Mimosa Platinum sees slight uptick

2012-10-15 11:03

Mimosa Platinum Mine, jointly owned by Impala Platinum and Aquarius Platinum, expects to produce 100 000 oz of platinum in its current financial year.

Rand-priced platinum hits 2012 high

2012-09-12 12:47

Platinum priced in rand rose by 3.3% to reach its highest level so far this year, boosted by a weak rand and growing unrest in the mining industry.

Miners blockade Amplats shafts

2012-09-12 10:07

Labour unrest has hit Anglo Platinum, with striking mineworkers blockading roads leading to shafts belonging to the world's No 1 platinum producer.

Platinum funds rise after Marikana deaths

2012-08-31 11:58

Platinum-backed exchange-traded funds are set for their biggest one-month inflow in 18 months in August after deadly violence at Lonmin's Marikana mine.

Northam sees subdued earnings growth

2012-08-24 08:54

Northam Platinum, one of SA's smaller platinum producers, says it expects subdued earnings growth as the industry grapples with labour unrest and depressed prices.

Implats: Violent strikes could spread

2012-08-23 12:05

The world's second-largest platinum producer Impala Platinum has warned that industrial action at SA's platinum mines could become more widespread.

Lonmin bleeds as troubles deepen

2012-08-20 10:26

Lonmin shares have tumbled 4% as as investors fretted over the prospect of a cash call to shore up its balance sheet.

Another day, another troubled miner

2012-08-20 09:14

Royal Bafokeng Platinum has reported a 60% drop in first-half earnings hit by the slump in platinum prices, and says it will accelerate cost cuts.

Mining companies 'polluting SA politics'

2012-08-14 16:00

Funding by mining companies is polluting the country's political system, making democracy problematic, says an independent monitoring group.

Aquarius resumes ops after deadly clash

2012-08-02 14:19

Aquarius Platinum has reopened the Kwezi shaft at its Kroondal mine after a deadly attack at the site that left three dead and at least 20 injured.

Search for more news:  

 
Traffic
Lottery
 
  • Thursday Citrusdal - 16:22 PM
    Road name: N7
    ROADWORKS - stop / go controls in operation between Citrusdal and Clanwilliam (until 2014)
  • Monday Ventersburg - 05:24 AM
    Road name: N1
    ROADWORKS - construction works are underway with a deviation in operation just north of the town centre
 
More traffic reports...
 

Jobs [change area]

Property [change area]

Travel - Look, Book, Go!

Winchester Mansions

Spend 3 nights at Winchester Mansions from R3 330 per person sharing and pay for 2 nights. Includes accommodation, return flights, car rental and Local Travel Insurance.

Book now!

Kalahari.com - shop online today

Sylvia Day’s Entwined with You

Gideon and Eva’s story continues in the powerfully sensual third novel in the international bestselling crossfire series. Pre-order your copy now!

Own the moments on DVD and Blu-ray

Super hot 2 for R99 DVD and Blu-ray offers - own your favourite moments. Shop now!

Games, sensational simulator savings – save up to 25%

Don’t miss out on this awesome special, fly planes, be in charge of the police force in the biggest cities and more. Hurry, offer valid while stocks last and for a limited time period. Buy now!

Sizzling hot Weber offer!

57cm compact braai + FREE cover + FREE fish braai for R1299.95. While stocks last. Check it out now.

Homeware clearance sale – save up to R1000

A deal doesn’t get much sweeter, save up to R1000 on selected appliances and homeware products. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Blackberry z10 (1 day old)

For Sale, Cell Phones - Accessories in South Africa, Gauteng, Johannesburg. Date May 13

Urgent Sale

Vehicles, Motorcycles - Scooters in South Africa, Gauteng, Johannesburg. Date May 13

Aupairs

Jobs, Au pairs & nannies in South Africa, Gauteng, Johannesburg. Date May 12

There are new stories on the homepage. Click here to see them.
 
News24
English
Afrikaans
isiZulu
|  OLX  |  PriceCheck  |  Property24  |  Kalahari.com  |  Careers24

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.