Anglo Platinum surged 5.97
Anglo Platinum, the world’s leading platinum producer, surged 5.97 rand, or 1 percent, to 595.01 rand, bringing its gain in the last four days to 11 percent. For full story, click here
Articles Tagged "producer"
Anglo Platinum surged 17.96
Anglo Platinum Ltd., the world’s biggest platinum producer, surged 17.96 rand, or 3.1 percent, to 607 rand, bringing its gain in the last four days to 13 percent. The precious metal surged for a fifth day, adding as much as 0.7 percent to $1,256.75 an ounce. For full story, click here
Impala Platinum Holdings closed for third day following accidents
Impala Platinum Holdings Ltd.’s Marula mine is still shut down after a fatal accident on May 22. Impala is the world’s second-biggest producer of the metal. Government officials are expected to carry out an inspection later today. For full story, click here
Aquaris Platinum dipped 2.53 rand
Aquarius Platinum Ltd. dipped 2.53 rand, or 7.4 percent, to 31.72 rand, bringing its dip in the last four days to 19 percent. The fourth-biggest platinum producer in the world last year was cut to “underweight” from “neutral” at JPMorgan Chase & Co. For full story, click here
Anglo Platinum slashed its price of Lebowa mine stake sale to anooraq
Anglo Platinum Ltd., the world’s leading platinum producer announced that it has slashed the price of the 51 percent stake in Lebowa Platinum Mines Ltd. which it plans to sell to Anooraq Resources Corp. For full story, click here
Lonmin has cut 5,530 workers at South Africa ops-Union
Lonmin Plc, the world’s third-leading platinum producer, dismissed 5,530 workers at its South African operations after demand plummeted due to the auto industry slump. For full story, click here
Impala Platinum climbed for a second day
Impala Platinum Holdings Ltd., the world’s second- leading platinum producer, climbed for a second day, adding 4.50 rand, or 2.7 percent, to 172 rand. The metal surged as much as 2.9 percent to $1,172.50 an ounce. For full story, click here
Anglo Platinum slashed output, cuts about 5% of jobs
Anglo Platinum Ltd., producer of two-fifths of world supply of the metal, declared a 5.7 percent dip in first-quarter output after prices fell and said it has cut about 5 percent of its workforce. For full story, click here
Lonmin has turned the corner on output
Shares in Lonmin, the world’s third-leading platinum producer, had surged more than 4%, or about R7, to R174 on the JSE by midday yesterday after it issued a production report indicating it was on target to produce 700000oz of platinum in the year to September. For full story, click here
Lonmin platinum sales surged
Lonmin, the world’s third-largest platinum producer, is not adjusting its sales guidance for the 2009 financial year despite platinum sales for the first half of the 2009 financial year topping initial expectations. For full story, click here
