Mining giant Anglo American has said it is to cut an additional 9,000 jobs as the global economic downturn hits demand for raw materials. For full story, click here
Continue reading "Anglo American to cut an additional 9,000 jobs"
Tuesday, February 17, 2009
Platinum mining faces the biggest risk because of the global slowdown in vehicle manufacturing. Anglo Platinum is looking to cut 10 000 jobs and Lonmin Platinum could terminate as many as 6 600 jobs. For full story, click here
Continue reading "Anglo Platinum is looking to cut 10 000 jobs"
Tuesday, February 10, 2009
Lonmin Plc, the world’s third-largest platinum producer, may cut 1,500 permanent jobs at its Limpopo mine. For full story, click here
Continue reading "Lonmin Plc may cut 1,500 permanent jobs"
Tuesday, December 2, 2008
The world’s third-largest platinum producer, may cut as many as 5,400 jobs, or about 17 percent of its workforce, after prices plunged. For full story, click here
Continue reading "Lonmin May Cut 5,400 Jobs After Platinum Declines"
Friday, November 28, 2008
Up to 4 000 employees at Lonmin’s South African operations may loose their jobs. For full story, click here
Continue reading "4 000 Lonmin workers may be retrenched"
For upcoming platinum investing trade shows, see the following links: World Platinum Congress, Cambridgehouse, IIC, Chicago Resource Expo
PlatinumInvestingNews.com maintains a focus on Platinum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Platinum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Friday, February 20, 2009