ASX-listed platinum producer Nkwe Platinum declared that its flagship Tubatse-Garatau project, in the Bushveld complex, now boasted a 68,9-million ounce joint ore reserve committee resource, including a 4,5-million ounce measured resource. For full story, click here
Read the full article: "Nkwe has boosted Resource Base at SA..."
Friday, July 31, 2009
Aquarius Platinum Ltd, the world’s fourth-biggest producer of platinum, declared fourth quarter attributable production surged 1 percent to 98,258 platinum group metal ounces. For full story, click here
Read the full article: "Aquarius Platinum declared Q4 Output surged..."
Thursday, July 30, 2009
Anglo Platinum, the world’s largest platinum producer, and its parent company Anglo American declared plans on implementing a second wave of retrenchments. For full story, click here
Read the full article: "Anglo Platinum wants to get rid of more..."
Wednesday, July 29, 2009
As platinum just start down the road to recovery, analysts are already warning that supply threats are likely to boost the metals price to new highs. Platinum prices may climb above $1,500 an ounce “in the next couple of years” as demand recovers amid supply constraints in South Africa, the world’s biggest producer, according to Banc of America Securities- Merrill Lynch.
Read the full article: "Supply Threats to Accelerate Platinum’s..."
Tuesday, July 28, 2009
Anglo Platinum’s plan to add enough flexibility to its operations to be able to supply an extra 500000oz of platinum to the market if demand picks up will add an element of uncertainty to price forecasts. For full story, click here
Read the full article: "Anglo Platinum is adding uncertainity to..."
Tuesday, July 28, 2009
Platinum prices may climb above $1,500 an ounce “in the next couple of years” as demand recovers amid supply constraints in South Africa, the world’s biggest producer, as per Banc of America Securities- Merrill Lynch. For full story, click here
Read the full article: "Platinum will surge to $1,500 on Supply..."
Friday, July 24, 2009
Workers at Impala Platinum Holdings Ltd., the world’s second-largest producer of the metal, want the company to surge wages by 15 percent, dip from 17 percent demanded last week, the National Union of Mineworkers said. For full story, click here
Read the full article: "Impala Platinum Workers have lower Wage..."
Friday, July 24, 2009
Lonmin Plc, the world’s third-biggest platinum producer, posted a 1 percent slip in third-quarter refined platinum sales and said its troublesome No. 1 furnace would need another rebuild. For full story, click here
Read the full article: "Lonmin Q3 Platinum Sales has dipped, furnace..."
Friday, July 17, 2009
Platinum price crash has hit almost all major platinum producers in the world. For full story, click here
Read the full article: "Anglo Platinum’s Profit dipped 75%"
Friday, July 17, 2009
South Africa’s National Union of Mineworkers declared that it has rejected an improved 8.5 percent pay surge offer from Impala Platinu, the world second leading platinum producer. For full story, click here
Read the full article: "South Africa’s NUM has rejected..."
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Friday, July 31, 2009