Platinum markets have avoided an eruption that would have shaken them to the core with mine nationalization effectively killed as policy in South Africa, which sits on about 80 percent of the global supply ...
Anglo American Platinum Ltd. (AMS.JO) said Wednesday it's testing a platinum-based fuel cell-powered mining locomotive, in order to try and jumpstart a fuel cell industry in South Africa.
LONDON/JOHANNESBURG (Reuters) - Miner Anglo American has made a priority of its struggling platinum business, admitting earlier this year that the world's largest primary producer is underperforming in the face of soaring costs, imposed safety stoppages and weak demand. But South Africa's politics, restive unions and a lacklustre market mean its keenly awaited "operational review" of its Anglo ...
* Anglo announced review of platinum operations in February,to complete in 2012 * Has said will focus on "returns through cycle" * Amplats margins, return on equity at below a third of 2001levels ...
VANCOUVER, BRITISH COLUMBIA-- - Eastern Platinum Limited is please to update the Reserve statement for the Crocodile River Mine located near Brits in Northwest Province, South Africa. The updated Reserve ...
A fall in platinum group metal (pgm) production dragged down output from South Africa's mining sector in March. Mining production fell 9.8% in March from the same month last year, after a revised 13.4% annual drop in February, according to Statistics South Africa data.
JOHANNESBURG (Reuters) - Platinum markets have avoided an eruption that would have shaken them to the core with mine nationalisation effectively killed as policy in South Africa, which sits on about 80 percent of the global supply of the precious metal. But they should brace for aftershocks. The world's richest platinum veins lie along the political faultlines of South Africa and Zimbabwe, where ...
[Zimbabwe Independent] THE mining sector is likely to miss the projected 15,9% growth target this year due to a plethora of challenges, chief among them erratic electricity supplies and lack of financing for developmental projects.