Posts Tagged ‘platinum-group’

Monday morning stocks dropped slightly in response to Greece dragging its feet on accepting the terms of a new bailout deal. The S&P five-week rally – based on better-than-expected U.S. data – along with rallies in other indices took a breather. Full story

JOHANNESBURG, Jan. 30, 2012 /CNW/ – Witwatersrand Consolidated Gold Resources Limited (‘Wits Gold’) and Pan African Resources plc (‘Pan African’), collectively the ‘Consortium’ announced today that they have entered into an agreement with Harmony Gold Mining Company Limited (‘Harmony’) to acquire 100% of Harmony’s interest in Evander Gold Mines Limited (‘Evander’), in a 50/50 joint venture, for a total Transaction consideration of ZAR1.7 billion (C$210 million  1 ) less ... Full story

The British Geological Survey (BGS) on Wednesday published the latest list of the 52 elements, minerals and metals most at risk of supply disruption because global production is concentrated in a few countries, many with unstable governments. Surprisingly rare earths used in green technology and defence do not top the list but comes in at number five Full story

Anooraq Resources saw a sharp increase in 4E platinum group metals (pgm) production for the second quarter of the year. The miner recorded a 27 per cent quarter-on-quarter increase in output of platinum, palladium, rhodium and gold Full story

Business Live reports the outlook for the South African mining sector has worsened in recent weeks, economists from Nedbank said on Thursday. Full story

Bloomberg reports that platinum group metals dipped today as concerns over the European debt crisis grow. Full story

Precious metals consultants CPM said total global platinum supply rose during 2010, as platinum mine supply increased for the first time in three years. In the CPM Group’s Platinum Group Metals Yearbook 2011 made public Tuesday, CPM said global Full story

Midland Exploration Inc. Full story

Black-owned Northam Platinum will be able to speed up development work at its Booysendal project to ensure it meets its January 2013 production target. Full story

NW Tech Capital Inc. (PINK SHEETS:NWTT) has executed an option agreement that grants the company 100% interest in a prolific platinum, copper and nickel-bearing property located in McConkey Township, Ontario. After successfully completing the negotiation process, management decided to enter into an agreement that gives the company unrestricted rights to explore resources and reserves on what is known as the Caribou Property Full story