The global economic recession caused platinum demand in the car and jewellery sectors to enter a cyclical downturn. However, a substantial supply reduction, after the labour strife in South Africa moved the platinum market from surplus to…
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
The global economic recession caused platinum demand in the car and jewelry sectors to enter a cyclical downturn. However, a substantial supply reduction due to the labour strife in South Africa moved the platinum market from surplus to deficit…
Mine workers at Anglo American Platinum (Amplats) are going back to work, putting to rest a series of wildcat strikes that all but crippled the South Africa’s platinum mining industry.
Skyrocketing costs are eating into the pocketbooks of miners across the industry and Anglo American (AAL-L, AAUK-Q) is no exception.
Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…
With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…
Mining magnate Robert Friedland looks poised to take the market by storm yet again, with an aggressive portfolio of advanced-stage base and precious metal properties in Africa underpinning an initial public offering (IPO) for Ivanplats (IVP-T),…
VANCOUVER — With first phase construction well underway at Vancouver-based Platinum Group Metals (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is now pushing forward at its promising Waterberg…
VANCOUVER — Canadian mining magnate Robert Friedland looks poised to take the market by storm yet again, with an aggressive portfolio of advanced-stage base and precious metal properties in Africa underpinning an initial public offering…
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
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