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/ 2 February 2012
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 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 has shut down its number one furnace at Marikana in North West following a production incident on Sunday, the company said on Monday.
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.
In British street slang, when something is good it’s ”diamond”. In Rustenburg, another underground treasure, platinum, is the adjective of prestige.
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/ 11 February 2009
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.
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/ 5 February 2009
Aquarius was ”working hard” to reduce costs and capital expenditure to improve profitability, the platinum miner said on Wednesday.
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/ 29 January 2009
Lonmin, the world’s third-largest platinum producer, on Thursday reported platinum sales of 126 202 ounces in the quarter to end December 2008.
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/ 15 December 2008
Nearly 2 000 mine workers will lose their jobs following a decision by Aquarius Platinum to suspend operations at its Everest mine.
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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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/ 21 October 2008
Impala Platinum’s (Implats) R21,2-billion bid for Mvelaphanda Resources and Northam Platinum has moved a step closer to formalisation.
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/ 17 September 2008
Platinum eProducts responds to what they consider unfair reporting by Maya Fisher-French relating to the company.
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.
South Africa’s biggest mineworkers’ union may call a strike at the jointly owned Two Rivers platinum mine over disputes which include wages.
Northam Platinum posted a 12% rise in full-year earnings on high metal prices, despite weaker output, and forecast rising output.
Nedbank Capital has structured a deal that will assist BEE mining company Mvelaphanda Resources increase its stake in Northam Platinum to 63%.
Miner Xstrata unveiled a -billion takeover bid for the world’s third-biggest platinum producer, Lonmin, to diversify its business.
Lynley Donnelly explores the effects of Rustenburg’s booming platinum mines on the town