RBPlats Sees Output Fall
Mining Weekly reported Royal Bafokeng Platinum (FWB:7BF) said platinum output fell drastically in the first quarter due to 54 safety stoppages.
Mining Weekly reported Royal Bafokeng Platinum (FWB:7BF) said platinum output fell drastically in the first quarter due to 54 safety stoppages.
Minfocus Exploration Corp. (TSXV:MFX) announced it has signed a Memorandum of Understanding with Lac des Mille Lacs First Nation to explore a potential copper-nickel-platinum group elements property.
Mining Weekly reported Bauba Platinum said it has an inferred resource of 8.6-million ounces of platinum group metals (platinum, palladium, rhodium and gold) on its properties.
Mining Weekly reported the Geological Survey of India (GSI) has discovered platinum group elements and chromite reserves in Orissa.
Bloomberg reported Anglo American plc. (LSE:AAL) said platinum output fell 24 percent in the first quarter from a year earlier after it shut a plant for maintenance, with fewer safety stoppages stemming the drop.
Bloomberg reported a parliament committee has said that Zimbabwe's decision to increase some mining fees by as much as 5,000% may be illegal.
Bloomberg reported Zimbabwe’s mines ministry ordered 469 local and foreign miners to resubmit applications for exploration rights.
Reuters reported Modikwa platinum mine lost 21,000 ounces of industrial metals due to a strike.
Bloomberg reported Anglo American (LSE:AAL,JSE:AMS) will sell 51 percent of its Zimbabwean operation to black Zimbabweans or a government fund for black businessmen.
Reuters reported Zimbabwe's efforts to change foreign owned platinum mines to locally owned was thrust into chaos as two ministers contradicted each other.
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