Impala Platinum could shut some loss-making South African mining operations if metal prices deteriorate further and restructuring efforts fail to improve margins, chief executive Nico Muller said.

Thursday, February 29, 2024 - 22:34:48

Visit: 114

Mining News Pro - Impala Platinum chief executive Nico Muller said a rapid decline in palladium and rhodium prices that has squeezed profits, lowered dividend payouts and shifted the focus to cutting costs caught platinum miners off guard.

Thursday, August 31, 2023 - 21:08:07

Visit: 132

Mining News Pro - Caterpillar dealer WesTrac has announced an enterprise expansion of its partnership with Palantir Technologies.

Monday, August 7, 2023 - 20:53:01

Visit: 94

Mining News Pro - Impala Platinum has won a protracted battle for control of miner Royal Bafokeng Platinum after bid rival Northam Platinum sold its stake.

Thursday, July 20, 2023 - 23:55:11

Visit: 122

Mining News Pro - Impala Platinum Holding Ltd.’s Zimbabwe unit is considering expanding into other metals, including lithium.

Thursday, June 15, 2023 - 20:35:02

Visit: 190

Mining News Pro - Australian uranium producer Paladin Energy Ltd said on Monday that it was restarting its development and exploration activities amid a surge in demand for nuclear energy after Russia’s invasion of Ukraine.

Tuesday, August 2, 2022 - 14:06:45

Visit: 845

Mining News Pro - Concerned about the potential impacts of deep-sea mining on ocean biodiversity, the Pacific islands of Palau and Fiji on Monday launched an “alliance” to call for a moratorium of the nascent industry.

Tuesday, June 28, 2022 - 18:50:36

Visit: 413

Mining News Pro - Uranium company Paladin Energy is awaiting a spot price of $50/lb or more for uranium before restarting its Langer Heinrich uranium operations, in Namibia.

Wednesday, August 4, 2021 - 17:44:44

Visit: 429

Mining News Pro - Uranium company Paladin Energy has completed the retail component of its 1-for-8.5 fully underwritten accelerated non-renounceable pro-rata entitlement offer, raising A$26.2-million.

Wednesday, April 14, 2021 - 2:08:29 PM

Visit: 499

Mining News Pro - Rio Tinto has inked a multi-year enterprise partnership with data software company Palantir Technologies to create and combine raw data to represent critical mining operations.

Friday, January 29, 2021 - 12:44:44 PM

Visit: 523

Mining News Pro - Ecuador-focused miner SolGold said on Tuesday it won’t be able to complete the pre-feasibility study (PFS) for its Alpala copper-gold project this year as planned.

Wednesday, December 2, 2020 - 1:08:40 PM

Visit: 764

Mining News Pro - Canada’s Robex Resources has decided that, for the next 15 years, most of the energy used at its Nampala mine in Mali will come from solar power.

Friday, October 30, 2020 - 4:30:57 PM

Visit: 588

Mining News Pro - Uranium hopeful Paladin Energy on Tuesday announced that capital expenditure (capex) at its Langer Heinrich mine, in Namibia, is expected to reach $9.5-million in 2021.

Tuesday, October 27, 2020 - 12:29:52 PM

Visit: 653

Mining News Pro - The owners of a Russian-backed project to build Zimbabwe’s biggest platinum mine have held talks to sell a stake of at least 20% to Impala Platinum Holdings, according to people familiar with the matter.

Thursday, October 8, 2020 - 2:32:20 PM

Visit: 750

Mining News Pro - The prefeasibility study (PFS) for the Alpala project, in the Cascabel concession in northern Ecuador, has been delayed, LSE- and TSX-listed SolGold reported on Wednesday.

Thursday, October 1, 2020 - 1:44:48 PM

Visit: 676

Mining News Pro - Paladin Energy has moved closer towards the restart of the Langer Heinrich uranium mine in Namibia, Africa, which remains permitted to resume mining.

Tuesday, June 30, 2020 - 10:42:46 AM

Visit: 636

Mining News Pro - Impala Asset Management has become the second investor in a month to go public about efforts to pressure Canadian miner Teck Resources into ousting its longstanding CEO

Tuesday, May 12, 2020 - 3:12:01 PM

Visit: 671

Mining News Pro - The arrest of the chief executive of Implats` Implala Platinum Rustenburg mining operations was on Friday welcomed by the Mineral Resources and Energy Parliamentary chairperson Sahlulele Luzipo, who on Thursday called on law enforcement agencies to act decisively against mining executives who contravened South Africa’s Covid-19 lockdown regulations.

Saturday, April 18, 2020 - 11:52:00 AM

Visit: 604

Mining News Pro - Paladin Energy has completed the sale of its 85 per cent interest in the Kayelekera uranium mine in Malawi to Lotus Resources.

Monday, March 16, 2020 - 2:21:06 PM

Visit: 648

Mining News Pro - Impala Platinum is negotiating a land deal in Zimbabwe with rival Anglo American as the world’s second-biggest producer of the precious metal aims to boost output in Africa, reports Bloomberg.

Sunday, December 22, 2019 - 10:37:32 AM

Visit: 1016

Mining News Pro - Impala Platinum Holdings Ltd. is in talks to buy land in Zimbabwe from rival Anglo American Platinum Ltd. as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according to people familiar with the negotiations.

Tuesday, November 12, 2019 - 10:29:11 AM

Visit: 727

Mining News Pro - South Africa’s Impala Platinum Holdings Ltd (Implats) said on Monday it would buy Canada-based North American Palladium Ltd for about C$1 billion ($751.77 million), marking the miner’s first purchase outside of Africa.

Tuesday, October 8, 2019 - 10:25:42 AM

Visit: 725

Mining News Pro - Private Swiss firm Pala Investments and Cobalt 27 Capital (TSXV: KBLT) on Tuesday announced a $23 million boost to the previously announced 100% acquisition deal.

Wednesday, October 2, 2019 - 10:41:00 AM

Visit: 658

Mining News Pro - South Africa’s Impala Platinum (Implats) said on Monday it expects to swing back to annual profit, thanks to an improved platinum metals’ basket price and higher sales volumes.

Tuesday, July 9, 2019 - 10:39:08 AM

Visit: 978

Mining News Pro - Paladin Energy has agreed to sell 85 per cent of its interest in the Kayelekera uranium mine in Malawi to Hylea subsidiary Lotus Resources, a joint venture with Chichewa Resources.

Monday, June 24, 2019 - 12:57:02 PM

Visit: 1204