Articles Tagged "production"

Implats’ Platinum Production Not Affected after Meeting with NUM

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

Angloplat Expects Higher Output for 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 Platinum Q3 Profit Increase

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 [...]

Lonmin declared closure of furnace, shares dipped

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