Tag Archive | "producer"

SAfrica ANC Youth League President Pursues Mine Nationalisation in 2012

Wednesday, May 26, 2010

ANC Youth League president, Julius seeks nationalization of South African mines in 2012. This however, is worrying investors in Africa’s biggest economy — the world’s biggest platinum producer and the world’s number four gold producer. Malema is quoted saying: “I sit in the national executive committee… I know nationalization is on the agenda of the [...]

Implats’ Platinum Production Not Affected after Meeting with NUM

Tuesday, May 25, 2010

Impala Platinum Holdings Ltd (IMP:JNB), world’s second-largest platinum producer, held a meeting with labour union the National Union of Mineworkers (NUM) and confirmed that although there are still 34 miners on strike, production of platinum is not affected. Click here to access the entire news

Platinum Leader Lonmin Shuts Down Again

Monday, May 24, 2010

Lonmin Plc, the world’s third-biggest platinum producer, closes again for another 25-30 days because of its smelter failure. The company operates in South Africa. Analyst Charles Kernot at Evolution Securities is quoted saying: “Lonmin’s troubled smelter has failed yet again, further undermining the company’s outlook for the rest of this year.” Click here to access [...]

Angloplat Expects Higher Output for 2010

Thursday, May 20, 2010

Anglo Platinum, world’s top platinum producer, although expected that there will be an undersupply of of platinum in 2010 has deemed otherwise.  Now the company expects to produce more than its forecasted 2.5 million ounces of platinum this 2010. Chief executive of Anglo Platinum, Neville Nicolau is quoted saying: “We have had as a strategy [...]

Aquarius Output Surged to Coincide with Higher Platinum Prices

Tuesday, August 11, 2009

Aquarius, the world’s fourth-leading producer of platinum, will benefit from surged demand for the metal in the second half of 2009, it has been claimed. For full story, click here

Anglo Platinum wants to get rid of more workers

Thursday, July 30, 2009

Anglo Platinum, the world’s largest platinum producer, and its parent company Anglo American declared plans on implementing a second wave of retrenchments. For full story, click here

Lonmin Q3 Platinum Sales has dipped, furnace needs rebuild

Friday, July 24, 2009

Lonmin Plc, the world’s third-biggest platinum producer, posted a 1 percent slip in third-quarter refined platinum sales and said its troublesome No. 1 furnace would need another rebuild. For full story, click here

South Africa’s NUM has rejected improved Implants Wage Offer

Friday, July 17, 2009

South Africa’s National Union of Mineworkers declared that it has rejected an improved 8.5 percent pay surge offer from Impala Platinu, the world second leading platinum producer. For full story, click here

Impala Platinum Holdings dipped for second day

Wednesday, June 17, 2009

Impala Platinum Holdings , the world’s second- leading platinum producer, dipped for a second day, sliding 9.99 rand, or 5.8 percent, to 162.01 rand. For full story, click here

Anglo Platinum fell 37 rand

Monday, June 8, 2009

Anglo Platinum Ltd, the world’s leading platinum producer, slipped 37 rand, or 5.9 percent, to 588 rand, its first decline in seven days. For full story, click here

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