Mining Weekly reported Marco Biffi is encouraging platinum miners to be more mindful of their energy use when it comes to air and cooling demands.
CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.
Mining Weekly reported safety stoppages at South Africa's platinum mines have hurt production for several miners.
CNBC reported that even as gold rose to a two-month high, it was no match for platinum which continues to outpace the yellow metal in 2012.
Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) fired 17,200 workers after an illegal pay strike halted its Rustenburg mine.
Anooraq Resources Corporation (TSXV:ARQ,NYSE:ANO,JSE:ARQ) and Anglo American Platinum Limited (LSE:AAL) announced they will restructure and refinance the Bokoni platinum group projects.
Platinum is one of the elements considered at high risk of supply disruption according to the British Geological Survey. Want to know why?
CNBC reported platinum and other precious metals rose in trade on Wednesday on positive economic data from the United States.
Reuters reported Impala Platinum (JSE:IMP) said on Wednesday that 18,000 workers are on strike at its Rustenberg mine.
Bloomberg reported Absa Group Ltd. sold all its shares in Impala Platinum Holdings Ltd. (JSE:IMP) as platinum prices continue to fall and the outlook for South African mines is bleak.
Friday, February 3, 2012