Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) reported grades of platinum, palladium and gold in new drill intercepts for the T2 reef in hole WB005.
Continue reading "Platinum Group Metals Discovers High Grade PGMs at Reef"
Wednesday, February 1, 2012
Reuters reported Impala Platinum (JSE:IMP) said on Wednesday that 18,000 workers are on strike at its Rustenberg mine.
Continue reading "18,000 Workers on Strike at Implats’ Rustenberg Mine"
Wednesday, February 1, 2012
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.
Tuesday, January 31, 2012
Bloomberg reported Aquarius Platinum Ltd. (ASX:AQP,LSE:AQP) is reviewing the Everest platinum mine after a two-week strike, safety stoppage and low prices have made the mine impractical.
Continue reading "Everest Platinum Mine Under Review After Strike and Stoppage"
Tuesday, January 31, 2012
Reuters reported Aquarius Platinum (ASX:AQP,LSE:AQP) has warned a South African drive to cut accidents is causing longer halts to production.
Monday, January 30, 2012
Mining Weekly reported two more miners died in South Africa over the weekend causing the Nation Union of Mineworkers to call for an investigation.
Friday, January 27, 2012
Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Continue reading "South Africa Inspecting Platinum Mine Safety Stops"
Friday, January 27, 2012
Reuters reported platinum rose the most since February 2008 after the Fed announced it expects interest rates to remain low keeping its loose monetary policy.
Continue reading "Platinum Rises Most Since February 2008"
Wednesday, January 25, 2012
Reuters reported Zimbabwe's $300 platinum mining fee will rise to $2.5 million to discourage the holding of speculative claims.
Continue reading "Platinum Mine Fees in Zimbabwe Set to Rise to $2.5 Million"
Wednesday, January 25, 2012
Cadillac Ventures Inc. (TSXV:CDC) announced results for holes on the K1-1 open pit project at its Thierry Mine property.
Continue reading "Cadillac Announces Platinum Drilling Results at Thierry Project"
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Monday, February 6, 2012