17,200 Miners Fired at Impala Platinum Mine
Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) fired 17,200 workers after an illegal pay strike halted its Rustenburg mine.
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Anooraq, Anglo American Agree to Restructure, Refinance Bokoni Group
Thursday, February 2, 2012
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.
BGS Supply Risk List: Why Platinum Is On It
Thursday, February 2, 2012
Platinum is one of the elements considered at high risk of supply disruption according to the British Geological Survey. Want to know why?
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Platinum Rises on Positive Economic Output Data
Wednesday, February 1, 2012
CNBC reported platinum and other precious metals rose in trade on Wednesday on positive economic data from the United States.
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18,000 Workers on Strike at Implats’ Rustenberg Mine
Wednesday, February 1, 2012
Reuters reported Impala Platinum (JSE:IMP) said on Wednesday that 18,000 workers are on strike at its Rustenberg mine.
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Absa Sells All Implats Stakes on Falling Platinum Prices, Rising Costs
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.
South African Stocks: Platinum Miners Up and Down
Tuesday, January 31, 2012
Bloomberg reported South African stocks saw unusual trading on the FTSE/JSE Africa All Share Index on Tuesday with platinum miners moving in both directions.
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Narrowing Platinum-Gold Spread as Gold Remains at Premium
Tuesday, January 31, 2012
Kitco reported the spread between platinum and gold is narrowing as the price of platinum rises, although it seems unlikely platinum will overtake gold any time soon.
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Aquarius Platinum Warns South Africa’s Safety Stoppages Are Harming Market
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.
Matt Zylstra: Platinum Potential Underpriced Market
Monday, January 30, 2012
Business Insider reported an interview with Matt Zylstra who says platinum has potential as an underpriced market in 2012.
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- Colossus Minerals – gold and platinum group metals in Brazil
- Golden Touch Resources Corp. – Breaking New Ground in Albanian Precious Metals Mining
- Prophecy Platinum Corp. — Developing Its Wellgreen PGM Nickel Property in Canada’s Yukon Territory
Asides
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Thursday, February 2, 2012