Posts Tagged ‘the-platinum’

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Lonmin starts sacking 9,000 over Marikana strikes

Lonmin starts sacking 9,000 over Marikana strikes
Lonmin said the "unprotected industrial action" has disrupted output at the platinum operations in Limpopo province since the night shift of May 17. It did not detail the potential impact on production or the amount of time it would take to employ Full story

Mustang announces new platinum and palladium discovery in Manitoba

Mustang Minerals Corp. and 19.9% shareholder Western Areas NL are pleased to announce a significant new drill discovery of platinum and palladium mineralization at shallow depth at Mustang's 100% owned Mayville Property. Full story

Platinum miners look north

While South Africa still dominates the platinum sector in terms of ounces in the groud, platinum miners are increasenly focused on the low-risk North American scene. Full story

Royal Bafokeng Platinum begins trading

JOHANNESBURG - Royal Bafokeng Platinum listed on the main board of the JSE Limited on Monday and began trading in the platinum and precious metals sector. Full story

Tighter emissions regulations provide a stern test for Chinese commercial vehicle producers

Read more about the platinum group metals markets in Johnson Matthey's bi-annual reviews click here. China is expected to face a number of challenges in its bid to remain the world's largest producer of commercial vehicles over the next few years, it has Full story

Aquarius Platinum swings to net profit

After posting a $45.7m loss last year, the platinum miner posted a net profit of $27.8m for the full year to June 2010 Full story

Xstrata may renew bid for Lonmin now shares are cheaper

Bloomberg reported that coal exporter Xstrata is more likely to revive a takeover bid for Lonmin now that the platinum producer's shares have declined 30% from a peak in April 2010. Full story

SA directive to have detrimental effect on platinum ops – Aquarius

Shares in the platinum miner sank in morning trade on news that the SA government has issued a directive on the use of bord and pillar mining methods that will affect its two largest operations Full story

Too soon to know impact of SA Govt. directive – Aquarius

Shares in the platinum miner sank in morning trade on news that the SA govenrment has issued a directive on the use of bord and pillar mining methods that will affect its two largest operations Full story

Another million ounces of Russian palladium stock to hit the market this year

By Rhona O'Connell, Mineweb.com The latest Johnson Matthey study of the platinum group metals markets makes an interesting point about Russian state palladium inventories and their whereabouts - or at least their passage into the market; while Full story
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