South Africa’s largest platinum-mining labour union said it would meet the nation’s top three producers on successive days next week as it starts formal negotiations for a three-year wage deal. The Association of Mineworkers and Construction Union (AMC…
South African platinum mine wage negotiations to start next week Read More »
Dual-listed Platinum Group Metals (PTM) has closed a nonbrokered private placement with Hosken Consolidated Investments (HCI), an existing major shareholder of the company, for gross proceeds of $1.3-million. The company has issued an aggregate 1.11-mi…
PTM closes nonbrokered private placement Read More »
Dual-listed Platinum Group Metals (PTM) has closed a nonbrokered private placement with Hosken Consolidated Investments (HCI), an existing major shareholder of the company, for gross proceeds of $1.3-million. The company has issued an aggregate 1.11-mi…
Platinum Group Metals closes private placement Read More »
The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal. That surge in earnings has been fueled by higher prices for palladium and rhodium, wh…
Platinum giants resist pay demands after hitting price jackpot Read More »
The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday eveni…
‘Platinum Valley’ SEZ in three months – Patel Read More »
Platinum group metals mining and marketing company Northam Platinum on Wednesday announced the company’s decision to recommence operations in the new 2020 financial year at the Kukama shaft situated at the Eland mine complex in Brits. Total developmen…
Northam to restart operations at Eland’s fully funded Kukama shaft Read More »
Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) expects its headline earnings for the six months ended June 30 to be 80%, or R2.69-billion, higher year-on-year, mainly as a result of an increase in the rand PGM basket price. The co…
Solidarity said in a statement on Thursday it was pleased that the courts had ruled against AMCU’s agency fee agreement with Lonmin at its Marikana operations. Solidarity said that a coalition between itself, UASA and the NUM succeeded to obtain an urg…
Solidarity says court’s ruling against AMCU agency fee at Lonmin is victory for workers Read More »
The National Union of Mineworkers (NUM), which dominated organised labour across South Africa’s platinum belt until the massacre at Lonmin’s Marikana mine in 2012, is plotting a comeback. By the end of this year, the union wants to represent 30% of the…
Ramaphosa’s old union seeks South African platinum mine comeback Read More »
My Guest Appearance On Rick Bensignor’s Show – We Discuss Gold, Silver, and Platinum
Rick and I start off with the broad US markets and the bull/bear discussion that is ongoing. We then shift…
Cory’s Insights – Wed 19 Jun, 2019 Read More »
