Posts Tagged ‘platinum-miner’

JOHANNESBURG (miningweekly.com) Wage negotiations between the National Union of Mineworkers (NUM) and the world's second-largest platinum miner Impala Platinum (Implats) broke down on Friday. NUM spokesperson Lesiba Seshoka told Mining Weekly Online that Full story

The ASX- LSE- and JSE-listed platinum miner Aquarius Platinum has taken a $160-million impairment knock on its currency-hit Blue Ridge Platinum Mine. Full story

The world’s fourth-largest platinum miner Aquarius Platinum increased its attributable production by 3% year-on-year to 114 260 platinum group metal (PGM) ounces, but CEO Stuart Murray said on Tuesday volumes from South African operations fell short of the company’s expectations. Challenging conditions at Kroondaal, Marikana and Everest mines negatively impacted on production, but Murray said operations were now moving towards normal production. Full story

World No. 2 platinum miner CEO, David Brown, expects a slowdown in platinum demand increase in the months ahead while CPM also suggests prices may drift. Full story

South Africa's major mine workers union says it will begin wage talks with the platinum miner on Wednesday and is demanding a $148 per month increase for its workers Full story

SA's third-ranked platinum miner, Lonmin emerges strongly from years of turmoil and restructuring with a 9% jump in platinum sales and a more than doubling in underlying proits Full story

The South African platinum miner said it would buy the stake in Afarak in order to build up its reserves of the precious metal and to cash in on rising PGM prices Full story

The platinum miner which was hit by a strike and safety-related stoppages said that the outlook for the rest of the year remains challenging Full story

Strong platinum and palladium prices have led to a sharp rise in Impala Platinum's half-year profits. The world's second largest platinum miner expects positive results ahead. Full story

JOHANNESBURG (miningweekly.com) Dawn Earp has resigned as the CFO of Impala Platinum (Implats) with immediate effect, the South African platinum miner reported on Monday. Full story