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The strange battle for Nkwe Platinum

The strange battle for Nkwe Platinum

23 Jan 2013 20:11 - Phillip De Wet
Platinum is anything but hot right now, but one empowerment group has seen a shareholder revolt around the control of a potential mine in Rustenburg.
Platinum price surges on potential supply deficit

Platinum price surges on potential supply deficit

16 Jan 2013 11:39 - Andries Mahlangu
The platinum spot price has increased to a three-month high pushing the JSE platinum stock index to a nine-month high amid potential supply limits.
Platinum sales reach lowest levels in over a decade

Platinum sales reach lowest levels in over a decade

13 Nov 2012 11:35 - Lisa Steyn
A fall in platinum supplies has moved the market into a deficit of 400 000 ounces in 2012 as SA sales reach their lowest levels in over a decade.
SA's economic outlook dims after mining unrest

SA's economic outlook dims after mining unrest

06 Sep 2012 13:21 - Vuyani Ndaba
South Africa's economic growth will remain subdued in the medium term due to unrest in the platinum sector and a weak global economic environment.
Lonmin tragedy lays bare violent inter-union rivalry in SA

Lonmin tragedy lays bare violent inter-union rivalry in SA

25 Aug 2012 15:14 - Susan Njanji
The killing of 44 people during the violent strike at Lonmin mines has highlighted the depth of internal politics between mining unions NUM and Amcu.
Amplats loss-making shafts labour militancy

Amplats loss-making shafts labour militancy

24 Jul 2012 13:11 - Ed Stoddard
Amplats has signalled it plans to trim loss-making shafts as producers of the metal grapple with depressed prices and a rise in union militancy.

New platinum mine aims for energy efficiency

29 Mar 2012 15:22 - Lisa Steyn
The IDC has invested in a platinum mine which hopes to create 9 000 jobs and use a unique process to make it more energy efficient.

Implats sacks 13 000 striking workers

02 Feb 2012 15:26 - Staff Reporter
Impala Platinum has dismissed 13 000 employees, bringing to 17 200 those sacked since the start of a labour dispute almost two weeks ago.

China to take over SA miner in $877-million dollar deal

26 May 2010 18:04 - Staff Reporter
China is set to take control of a small South African mining company and to build a new platinum mine in the country, a spokesperson said on Wednesday

Lonmin shuts down furnace

15 Jun 2009 11:46 - Staff Reporter
Lonmin has shut down its number one furnace at Marikana in North West following a production incident on Sunday, the company said on Monday.

Global crisis hits SA mining backbone ahead of polls

18 Apr 2009 07:47 - Justine Gerardy
Every night, John Lepota heads to the communal TV room at his mineworkers compound to faithfully check the latest platinum price on the evening news.

Miners fear for jobs as platinum loses its glister

25 Mar 2009 08:17 - Clare Byrne
In British street slang, when something is good it's "diamond". In Rustenburg, another underground treasure, platinum, is the adjective of prestige.

R1,8bn prop for mining sector a 'major relief'

11 Feb 2009 19:09 - Percy Mabandu
Jabu Maphalala of the South African Chamber of Mines on Wednesday said the R1,8-billion boost for mining outlined in the budget was a welcome relief.

Aquarius 'working hard through difficult times'

05 Feb 2009 10:44 - Staff Reporter
Aquarius was "working hard" to reduce costs and capital expenditure to improve profitability, the platinum miner said on Wednesday.

Lonmin's December sales sink

29 Jan 2009 10:16 - Staff Reporter
Lonmin, the world's third-largest platinum producer, on Thursday reported platinum sales of 126 202 ounces in the quarter to end December 2008.

Aquarius to lay off 2 000 workers

15 Dec 2008 09:35 - Staff Reporter
Nearly 2 000 mine workers will lose their jobs following a decision by Aquarius Platinum to suspend operations at its Everest mine.

SA platinum output to rise slightly in 2009

18 Nov 2008 15:52 - James Macharia
SA should see a "modest" rise in platinum output in 2009 after a decline this year, but long-term mine expansions will be restricted by power supply.

Implats closer to R21,2bn takeover

21 Oct 2008 09:51 - Staff Reporter
Impala Platinum's (Implats) R21,2-billion bid for Mvelaphanda Resources and Northam Platinum has moved a step closer to formalisation.

Always two sides to every story

17 Sep 2008 06:00 - Staff Reporter
Platinum eProducts responds to what they consider unfair reporting by Maya Fisher-French relating to the company.

Implats year earnings up 57%, sees higher output

28 Aug 2008 09:33 - Staff Reporter
Impala Platinum Holdings (Implats), the world's number-two platinum producer, on Thursday posted a 57% rise in headline earnings per share to R20,65.

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