Palladium, a metal that can be used instead of platinum by some manufacturers, has risen to $847 an ounce – its highest price in three years.
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A chemicals and precious metals multinational says excess supply means platinum miners are suffering more from the work stoppage than buyers are.
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/ 18 November 2008
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.
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/ 15 October 2008
The global slowdown could affect mining, writes Lynley Donnelly.
A look at the key area of catalytic converter manufacturing –the industrial cornerstone of beneficiation in this country.
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/ 14 September 2007
Talks to resolve the wage dispute between the National Union of Metal Workers of South Africa and employers in the motor industry were under way on Friday, the union said. Spokesperson Mziwakhe Hlangani said: ”They are in talks as we speak … there are no new developments yet, it’s better to speak a bit later.”
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/ 13 September 2007
Volkswagen South Africa stopped vehicle production at its Uitenhage plant on Thursday due to the motor-manufacturing strike. Brian Smith, Volkswagen South Africa’s human resources director, said most of its 4 000 production employees had been sent home.