Posts Tagged ‘platinum-producer’

Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim for outstanding payments. Full story

The platinum producer said Thursday a strong rand outweighed higher prices for precious metals and, while EBITDA rose to $203.2m for the year, it reported a net loss on the back of a $159.8m impairment charge. Full story

Click here to read the whole story or read an excerpt below. By Carli Lourens Lonmin Plc (LMI), the third-largest platinum producer, started a prefeasibility study on a third furnace as part of preparations for possible expansion beyond its current 2015 Full story

Karee mine in North West Province Johannesburg, South Africa --- MININGREVIEW.COM --- 27 May 2011 - Production at the Karee shaft of Lonmin ‒ the world's third-largest platinum producer ‒ could remain disrupted for several weeks as the company starts Full story

Lonmin, the world's fourth-largest platinum producer, said on Tuesday that its decision to dismiss about 9,000 of its employees will affect about a third of the company's production indefinitely. Full story

LONMIN , the world’s third-largest platinum producer, has laid off 9000 workers who were involved in unprotected industrial action at its largest mine that stemmed from a power struggle within the National Union of Mineworkers (NUM). Workers at the Full story

-Lonmin Plc ‒ South Africa’s third-largest platinum producer after Anglo Platinum and Impala Platinum ‒ says its fiscal first-quarter production fell 26% as the company carried out a planned rebuild of its main furnace. Refined platinum output Full story

The world's third-largest platinum producer says it expects the market to be in deficit by 2012 as the auto sector continues to recover Full story

LONDON -(Dow Jones)- Lonmin PLC (LMI.LN), the world's third largest platinum producer, posted a swing in full-year net profit due to rising platinum prices and higher output and cost savings. The U.K. FTSE 100 miner also said it is recommending a full Full story

TORONTO, Nov. 8 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) today announced that Wallbridge and major platinum producer Lonmin Plc have approved CDN$1.25 million to explore for platinum and palladium, as well as copper and nickel, on Full story