Anglo American Platinum Production Misses Target
Bloomberg reported platinum production is down in South Africa for Anglo American (LSE:AAL) and other platinum miners due to safety stoppages.
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.
Mining Weekly reported Aquarius Platinum (LSE:AQP,ASX:AQP) said production at its Everest mine had resumed, following industrial action.
Reuters reported the CME Group (NASDAQ:CME) raised trading margins on platinum and copper futures, hoping to tame volatility.
Bloomberg reported if Zimbabwe withdraws the mining license of Zimplats (ASX:ZIM), it may produce less platinum next year, preventing a global surplus.
Get our independent commentary on platinum trends and companies delivered to your inbox.