Articles Tagged "african"

Pan African Phoenix Project Increased Reserves to 469 000 oz.

Mining junior, Pan African Resources PLC (AIM: PAF, JSE: PAN) has reported that its Phoenix platinum project reserves of platinum palladium, rhodium and gold, or four-element platinum-group metals (4E PGM) has been increased to 469 000 oz. Pan African CEO Jan Nelson is quoted saying: “In addition, the drilling program underpins the high quality of [...]

Impala Platinum must increase pay by 20%

Impala Platinum must increase pay by 20%, the world’s second-leading producer of the metal, was asked by a mining union representing about half its South African workers to raise pay by 20 percent. For full story, click here

SAfrican Platfields plans to push on with delayed listing

South African precious metals exploration and mining firm Platfields announced that the company still plans to list in Johannesburg, despite missing its initial target of last October partly due to the global crisis. Chief Executive Officer Bongani Mbindwane, said: We believe it would have been foolhardy to have pressed ahead with a listing at the [...]