CNBC reported precious metals were mixed on Tuesday with spot palladium dropping on news output is expected to decline one percent in 2012.
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.
Mining Weekly reported safety stoppages at South Africa's platinum mines have hurt production for several miners.
Bloomberg reported platinum production is down in South Africa for Anglo American (LSE:AAL) and other platinum miners due to safety stoppages.
Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported from the Crocodile River Mine for the quarter ended December 31, 2011.
Mining Weekly reported Zimbabwe’s proposal to increase mining royalties in the gold and platinum sectors could lead to a plunge in production according to the African Development Bank.
Reuters Africa reported Zimbabwe's Mimosa mine has given a 10 percent stake to locals in an attempt to meet a controversial law.
Reuters Africa reported Northam Platinum's (PINK:NMPNY) only producing mine has been hit by several stoppages due to government safety inspections.
Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported financial results for the three months ended September 30, 2011.
Mining Weekly reported Platinum Australia (ASX:PLA) said it produced 222 oz more of 4E platinum-group metals.
Tuesday, February 7, 2012