Northam CEO says South African platinum miners facing worst crisis in decades
Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet.
-
-
Visit: 145
Platinum miners’ underground protest in South Africa goes on
Mining News Pro - Impala Platinum Holdings Ltd. said an underground protest at one of its mines in South Africa is unresolved, with more than 2,000 workers still below surface.
-
-
Visit: 113
Gangs stealing cables miles underground torment South African platinum mines
Mining News Pro - South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations.
-
-
Visit: 646
Investment approval for platinum mine’s solar project expected early next year
Mining News Pro - Investment approval for the solar project at the Mogalakwena platinum group metals (PGMs) mine in Limpopo is expected in the first quarter of next year.
-
-
Visit: 656
Gemfields sells minority indirect interest in Pilanesburg Platinum Mines
Mining News Pro - Gemfields has started a sales process for its 23.54% holding in Pallinghurst Ivy Lane Capital, which owns 27.64% of Sedibelo Platinum Mines (SPM), giving Gemfields an indirect interest in SPM of about 6.54%.
-
-
Visit: 673
Nigerian billionaire plans to dig platinum mine in Zimbabwe
Mining News Pro - Bravura Holdings, owned by Nigerian billionaire Benedict Peters, has $1-billion available for the development of a platinum mine in Zimbabwe, its country manager said.
-
-
Visit: 690
Top platinum miners declare force majeure after coronavirus lockdown
Mining News Pro - The world’s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.
-
-
Visit: 598
Zimbabwe to allow foreign platinum miners control of local operations
Mining News Pro - Zimbabwe will scrap a law that denies foreign platinum mining companies control of their operations in the country, the mines minister said on Thursday.
-
-
Visit: 929
Zimbabwe to let gold, platinum mines retain higher dollar earnings
Mining News Pro - Zimbabwe will allow gold and platinum mining companies to retain up to 55 percent of their earnings in dollars, government and central bank officials said on Monday, as authorities in the southern African nation move to ensure operators remain viable.
-
-
Visit: 815
Zimbabwe platinum miners plan base metal refinery, Minister says
Mining News Pro - Platinum miners in Zimbabwe plan to jointly develop a base-metal refinery in the country, Mines Minister Winston Chitando said.
-
-
Visit: 902
2 500 job cuts weren’t enough for world’s no. 2 platinum miner
Mining News Pro - JOHANNESBURG – Impala Platinum Holdings is facing some tough choices as the South African miner works to stem losses at aging shafts amid slumping prices for the metal.
-
-
Visit: 1522