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
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 Platinum Limited (ASX:AQP), world’s No. 4 platinum producer, has announced that the company’s production may rise to more than 550 000 oz in the next financial year. The said production increase is due to its recent restart of its Everest mine. Chief Executive Stuart Murray is quoted saying: “Production levels were down on the [...]
Anglo Platinum (AMSJ.J), South Africa-based company and world’s No. 1 producer of platinum, is happy to announce that it is expecting to produce more than 2.5 million ounces of platinum in 2010 than it previously reported. Chief executive of Anglo Platinum AMSJ.J, Neville Nicolau was quoted saying: “We have had as a strategy for some [...]
TSX-, JSE, and Aim-listed company, Platmin, which runs the Pilanesberg Platinum Mine (PPM) in South Africa, has produced 177 oz of platinum-group metals (PGMs) in Q1. CEO Tom Dale is quoted saying: “These funds will be applied to complete the build-up to full production at PPM and to pursue our vision of becoming a significant [...]
ASX- and Aim-listed platinum producer Platinum Australia expected to grow its output to about 240 000 oz of platinum, palladium, rhodium and gold platinum-group metals by 2014. For full story, click here
Aquarius Platinum Ltd, the world’s fourth-biggest producer of platinum, declared fourth quarter attributable production surged 1 percent to 98,258 platinum group metal ounces. For full story, click here
South Africa’s ruling African National Congress declared that it was open to discussing demands by its labor union allies to consider nationalizing the country’s mines, which lead world production of platinum and rank No.3 in gold. For full story, click here
Lonmin Plc, the world’s third-biggest platinum producer, declared that it has closed down its No. 1 furnace on Sunday due to a production incident, and commenced up three other furnaces with about half the capacity. For full story, click here
Anglo American has confirmed today that its total attributable refined pgm production surged by 18.6 per cent on a year-on-year basis in the first quarter of 2009. For full story, click here
Tuesday, May 25, 2010