Toronto firm closing South African platinum mine

The Bokoni mine, a joint venture between Atlatsa and Anglo Platinum, produces around 150,000 ounces of platinum group metals per year. ... Toronto firm closing South African platinum mine. Frik ...

Jianshe Road Street, Zhongyuan District, Zhengzhou City, …

The street has welcomed the guidance of the Fire Department of the Ministry of public security, the provincial fire brigade and the Zhengzhou fire brigade. The on-site meeting …

Firms' approach to mitigating risks in the platinum group …

Keywords: Mining, Firm behavior, South Africa, Platinum group metals, Risks, Shocks, Commodities, Extractives. Introduction. Background. Between 2002 and 2008, platinum prices increased by 354%. Given that South Africa owns 75% of the world's platinum deposits, firms benefited immensely from this unprecedented rise. For example, Anglo ...

Northam Platinum profit drops on weak prices as output rises

Unlike the three bigger firms, which have scrapped thousands of jobs, Northam marginally increased its workforce last year as it is ramping up annual output of platinum-group metals from its three ...

Police fire tear gas as striking platinum miners …

Repeated clashes have occurred since police opened fire on strikers Lonmin's Marikana platinum mine in August, killing 34 workers and …

ZIMBABWE : Amari Resources fires back with swift legal …

Lawyers pleading for South Africa's Amari Resources have wasted no time in responding to Harare's request that the case against it be dismissed. The state still refuses to …

ZIMBABWE : Amari Resources fires back with swift legal …

Another chapter in the drawn-out $70m dispute, tried in a US court in Washington, between Amari Resources and the state of Zimbabwe over the company's expropriation of nickel and platinum licences, has opened. On 23 September, lawyers from the US firm Steptoe & Johnson representing the South African mining group, filed in the District Court, District of …

Vale fires CEO

[img:Vale%20man_0.jpg|Outgoing Vale chief executive Roger Agnelli

Zimbabwe awards platinum concession to firm linked to …

The concession comes just over a year after President Emmerson Mnangagwa's government signed an agreement with Cyprus-based Karo Resources to develop a $4.2 billion integrated platinum mine.

Big year for Ivanhoe as prepares to open SA platinum mine

It will raise the curtain on Platreef, a 100,000 ounces a year platinum group metals (PGMs) mine near Mokopane. It comes soon after a big sell-off in PGMs. ... After a stint at auditing firm PwC, she landed up at Ivanhoe in 2006, then called Ivanhoe Nickel & Copper. Ten people worked there and a guy she thought was in to fix the water cooler ...

Rio Tinto fires former head of aluminum division on info …

Rio Tinto on Wednesday dismissed the former head of its aluminum division Ivan Vella with immediate effect, an email to all employees sent by CEO Jakob Stausholm and seen by Reuters showed.

Mining technology firm creates new system to process platinum

The facility is being used to examine and assess several methods of platinum recovery from tailings for a large Zimbabwe-based client and to investigate the gravity recovery of platinum for a local platinum miner. Empowering local small-scale platinum miners that don't have the proper machinery to process the minerals is the project's main ...

South African mine owner Amplats fires 12,000 workers

The world's biggest platinum producer, Anglo American Platinum, fires 12,000 striking South African miners after a protracted strike over wages.

Platinum fires up mining output

Platinum fires up mining output ... The mining output rise was in stark contrast to manufactur­ing production, which rebounded by 3.8 percent in March from a decline of 0.4 percent in February. ... Dykes and Radebe said growth in mining production should remain relatively firm in the very short term as the effects of last year's fivemonth ...

Platinum Mining Market Size, Industry Share | Forecast, 2032

Platinum Mining Market Report Summaries Detailed Information By Top Players As Anglo American, Colossus Minerals Inc., TruLan Resources Inc., GlobalMin LLC, Mojave Gold, Among Others. ... - World's leading advisory firm. "We feel positive about the results. Based on the presented results, we will do strategic review of this new ...

Sutter Gold Mining fires one-third of staff at Lincoln mine …

RMB Australia Holdings, the equity investment firm financing Sutter Gold's (TSXV:SGM) Linco ln Mine Project in California, has requested the miner cut costs if it wishes to receive further ...

Funding uncertainty hangs over Wesizwe Platinum …

SNG Grant Thornton "expressed a disclaimer of review conclusion" on Wesizwe Platinum's interim results ended June, according to an update to the JSE. This was after the mining firm was unable to provide proof of future …

Amplats fires 643 at Mototolo Mine amid eight-day

ANGLO American Platinum (Amplats) said today it had dismissed 643 employees at Mototolo Mine in the Limpopo province following unprotected strike action which began on May 12 in defiance of a May 10 court interdict.. The impact on production has been minimal thus far, said Amplats in a statement to the Johannesburg Stock Exchange. It was "… exploring options …

Platinum market deficit forecast to exceed million ounces in …

Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its ...

Funding uncertainty hangs over Wesizwe Platinum

UNCERTAINTY hangs over the liquidity of Wesizwe Platinum after its auditor declined to verify the miner's going concern status. SNG Grant Thornton "expressed a disclaimer of review conclusion" on Wesizwe Platinum's interim results ended June, according to an update to the JSE. This was after the mining firm was unable to provide proof of future […]

Anglo American Platinum fires 12,000 workers

Anglo American Platinum, the world's largest platinum producer, has fired 12,000 workers taking part in a three-week illegal strike after following through on tough talk over wildcat stoppages in ...

Pilanesberg Platinum closes as price slump claims scalp

Wesizwe Platinum announced plans last week to cut staff heavily at its Bakubung PGM mine following an illegal strike and a change in mining method, and owing to pressure from weak metal prices. The palladium price has halved in value in the last 12 months while the price of rhodium has fallen from just under $14,000 per oz to a current price of ...

Wildfires force miners in Quebec and Labrador to halt …

Mining companies operating in Canada's Quebec province continue on Tuesday to evacuate employees and halt exploration work as at least 164 forest fires tear through the province and Labrador ...

Jaguar Mining (OTCMKTS:JAGGD) & Impala Platinum

Risk and Volatility. Impala Platinum has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500. Comparatively, Jaguar Mining has a beta of 2.75, indicating that its ...

Platinum fires up mining output

Platinum fires up mining output - Wiseman Khuzwayo ANNUAL mining production jumped dramatical­ly by 18.8 percent in March from 7.8 percent in February. The mining output rise was in stark contrast to manufactur­ing production, which rebounded by 3.8 percent in March from a decline of 0.4 percent in February.

Xstrata fires 400 South African miners

Global diversified miner Xstrata Plc. (LON:XTA) confirmed Friday it has dismissed 400 of its workers who have been on an illegal strike at its South African mines.

Platinum Group signs MoU to build refinery in Saudi Arabia

PLATINUM Group Metals, a Canadian company studying the development of the Waterberg Project in Limpopo province, has signed a memorandum of understanding with Saudi Arabia for construction of a PGM processing facilities in the Kingdom.. The MoU, signed with Ajlan & Bros Company for Mining and the Ministry of Investment of Saudi Arabia, will look into a …

Nickel 28 fires founders on 'serious misconduct' …

Nickel 28 Capital Corp. said it has fired its founders, including chief executive officer Anthony Milewski, after an investigation uncovered "serious misconduct" — claims the ousted management...

Trapped miners rescued from Mimosa fire

All 60 miners were delivered safely from Mimosa Platinum Mine where they had been trapped following an underground fire, the company said.

Fires hit Australian zinc mines

Two large Australian zinc mines have been forced to temporarily halt production due to separate fire events. Operations at MMG's Dugald River mine in Queensland state were suspended due to an ...

Platinum mine criminal charges a first for Alaska

Platinum Group partners with Saudi firm for smelter amid South African export hurdles The partnership with Ajlan & Bros includes a $4 million feasibility study split 50/50.

THE WORLD; Platinum Mine Fires 20,000 In South Africa

A version of this article appears in print on, Section 4, Page 2 of the National edition with the headline: THE WORLD; Platinum Mine Fires 20,000 In South Africa.

Fire contained at Mimosa platinum mine in Zimbabwe

The Mimosa platinum mine in Zimbabwe Johannesburg, South Africa — 22 May 2012 – Impala Platinum (Implats) "' the world's second-largest producer of the precious metal "' and Aquarius Platinum have confirmed that a fire occurred during the night at their jointly-owned Mimosa operation in Zimbabwe.. An Implats statement released here revealed that the fire had …

Fasken named global mining law firm of the year

For the 16 th time, the firm was recognized as the world's top Global Mining Law Firm of the Year. This is Fasken's 10 th consecutive win, receiving this award more times than any other law firm.

S.Africa's Amplats fires over 600 underground workers at

Anglo American Platinum (Amplats) said on Monday it fired about half of the underground workers at its Mototolo mine following an illegal strike.

Mining firm fires 12,000 SA workers – The Irish Times

The world's largest platinum producer today fired 12,000 workers taking part in a three-week unofficial strike after following through on tough talk over wildcat stoppages in …

PGM miners face fight for survival if price downturn persists

A DASH for cash might be on the cards for South Africa's haemorrhaging platinum group metals (PGM) sector if current spot prices persist for much longer. That's the thinking of …