Zondereinde Strike Continues Amid Interdict
Mining Weekly reported that the strike at Northam Platinum’s Zondereinde mine has continued despite the Labour Court's issuance of an interdict to roughly 500 workers, which ruled that the work...
View ArticleNortham Woes Continue, Still No Work After 2 Weeks of Strike
Mining Weekly reported that Northam Platinum has agreed to look into the Zondereinde mine’s bonus system in an effort to put an end to the strikes that have crippled production since April 2.Continue...
View ArticleJOGMEC Confirms Platinum Reserves in South Africa
Reuters reported that Japan Oil, Gas and Metals National Corp (JOGMEC) announced the discovery of 96 tons of platinum at the Waterberg region in South Africa.Continue reading...
View ArticleAMCU Says Union Rejected CoM Bargaining Proposal for Platinum Sector
Mining Weekly reported that the Association of Mineworkers and Construction Union (AMCU) president, Joseph Mathunjwa, said the union rejected the collective bargaining proposal of the Chamber of Mines...
View ArticleSouth Africa Reviews Creation of Platinum-Focused SEZ
Mining Weekly reported that a public-private partnership in South Africa has been created to look into a special economic zone (SEZ) known as the Platinum Valley Hub which will be aimed at attracting...
View ArticleNortham Platinum Falls Most in 7 Months on Strike Ultimatum
Bloomberg reported that Northam Platinum Ltd shares dropped 6.7%, the most in nearly 7 months, after giving its rock drillers until tomorrow to report for duty or face dismissal.Continue reading...
View ArticleRBPlat Posts Increased Production Amid Difficult Market Conditions
Mining Weekly reported that in spite of the tough market environment, Royal Bafokeng Platinum (RBPlat) posted a 4% increase compared to the previous year in terms of total tons delivered to...
View ArticleAnglo American Says Strikes Caused 2% Decline in Platinum Output
Bloomberg reported that Anglo American Plc said its platinum production dropped to 583,000 ounces in the quarter ended March 2013 due to strikes at its Unki mine in Zimbabwe.Continue reading...
View ArticleZimbabwe Gov’t Plans to Create Law That Will Seize Company Stakes Without...
Bloomberg reported that Zimbabwe, which has the second biggest platinum reserves in the world, is in the process of creating a law that would enable its government to seize companies’ controlling...
View ArticleEastern Platinum Halts Crocodile River Funding
Mining Weekly reported that Eastern Platinum on Monday announced that it will halt funding for the development of its South African Crocodile River mine due to poor global economic outlook, pricing...
View ArticleNortham Zondereinde Mine Operations Resume
Mining Weekly reported that Northam Platinum has made an agreement with the National Union of Mineworkers and work resumed at the Zondereinde mine on Tuesday.Continue reading...
View ArticlePlatinum Group Continues to Expand Waterberg Discovery
Platinum Group Metals Ltd (TSX:PTM, NYSE MKT:PLG) announced that results from shallow holes within its platinum inferred resource continue to expand and the F layer has been confirmed on up dip...
View ArticleSouth Africa Platinum Sector’s Long Term Fundamentals Remain Solid
Mining Weekly reported that according to research group Frost & Sullivan, the South African platinum sector’s long-term fundamentals remain attractive amid labor unrest, high operating costs, and...
View ArticlePTM Signs Binding Offtake Agreement with RPM for Bushveld JV Project
Mining Weekly reported that Maseve Investments, 74% owned by Platinum Group Metals (PTM), has signed a life-of-mine concentrate offtake agreement with Amplat’s subsidiary, Rustenburg Platinum Mines...
View ArticleZimbabwe to Acquire Zimplats Amid Continuous Appeal Talks
Bloomberg reported that the Zimbabwe government has no intention of stopping its acquisition of 27,498 hectares of Impala’s platinum unit, Zimplats Ltd, even as the biggest platinum producer in the...
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