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.

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%.

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.

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