A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4-billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions. The African Export-Import B…
Military stake stymies $4bn Zimbabwe platinum project Read More »
When the world’s biggest platinum miners sit down with labour unions this month to negotiate a three-year wage deal, it could prove an early test of Cyril Ramaphosa’s new presidency in South Africa. An amicable outcome will bolster Ramaphosa — the for…
Platinum miners brace for labour clash in early Ramaphosa test Read More »
Platinum demand increased by 32% year-on-year to 2.56-million ounces in the first quarter of this year, following a surge in investment demand, the World Platinum Investment Council noted in its latest ‘Platinum Quarterly’ report, released on Monday. I…
First-quarter platinum demand up 32% on surge in ETF holdings Read More »
The price gap between palladium and its sister metal platinum needs to shrink as number one platinum producer South Africa requires a higher price for the metal to keep investing in new supply, Russia’s Norilsk Nickel said. Norilsk is the number one pr…
Palladium’s price gap over platinum needs to shrink – Nornickel Read More »
Low morale and high management turnover have impacted the operational performance of Lonmin heavily in the six months to March 31, the platinum mining company said on Friday. The London- and Johannesburg-listed company, headed by CEO Ben Magara, attrib…
Low morale, management turnover hit Lonmin output Read More »
As a result of the survey, 235 hectares in 11 new claims were added to the northern portion of the Saturday Night project.
The post Transition Metals optimistic after running MT survey at platinum-palladium project in Ontario appeared first on MINING.com.
Coalition has gone to court challenging a Trump administration’s decision that opened the door to Twin Metals’ copper, nickel and platinum project in a wilderness area of Minnesota.
The post Minnesota environmentalists step up fight against Twin Metals’ copper project appeared first on MINING.com.
Minnesota environmentalists step up fight against Twin Metals’ copper project Read More »
Sibanye-Stillwater was ordered to shut down the shaft at its Rustenburg platinum mine where 1 800 workers were trapped for as long as ten hours on Tuesday after an accident with an underground transport system. South Africa’s Department of Mineral Reso…
Sibanye says platinum mine shaft shut until official inspection Read More »
Sibanye-Stillwater on Tuesday afternoon confirmed that mineworkers at the Thembelani shaft have been held back from being hoisted back to surface for their own safety, after rails fell off a conveyance earlier in the day. The Association of Mineworkers…
Mineworkers held back at Thembelani shaft for their safety – Sibanye Read More »
Recent drill results include 3.22 g/t platinum, 2.08 g/t palladium, 0.23 g/t gold, 0.57% copper and 0.19% nickel over 41.2 m.
The post North American Palladium expands Sunday Lake with best drill results appeared first on MINING.com.
North American Palladium expands Sunday Lake with best drill results Read More »
