Latest Platinum mining News

Eastern Platinum Reports Increase in Mining Rate, Development, Production and Revenues

Eastern Platinum Limited has announced the financial results for the year ended June 30, 2007 and an overview of operations during the quarter ended June 30, 2007 (all amounts reported in $USD). Eastplats is a growing platinum group metal (“PGM”) producer engaged in the acquisition, development and mining of PGM properties located in South Africa. All of the Company’s properties are situated on the western and eastern limbs of the Bushveld Com... [more]

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Platinum mining licence fees set to soar

THE government is set increase registration fees for platinum mines to $2.5 million from the current $300 to discourage the holding of claims for speculative purposes, state media reported on Wednesday.

Fuel cells to play greater role in South Africa platinum industry 3rd February 2012

Fuel cells are to play an ever-greater role in South Africa's platinum mining industry as firms look to alternative forms of energy.

Impala Platinum: Majority Rustenburg Workforce Failed To Report For Duty

Platinum mining company Impala Platinum Holdings Limited (IPLA.LN) Monday said the majority of the mining workforce at the Impala Rustenburg operation have failed to report for duty on Jan. 30.

Impala Platinum Fires 17,200 Workers Following Strikes

South African mining company Impala Platinum Holdings Limited (JNB:IMP) fired 17,200 workers earlier this week following an illegal strike at its Rustenburg mine.

S.Africa's Impala Platinum fires 13,000 over illegal strike

Impala Platinum, the world's number two producer, on Thursday fired 13,000 miners who went on an illegal strike in South Africa, the company said in a statement.

Morning Platinum Market Report

The platinum market has consolidated just under yesterday's highs as news that work stoppages for some major African platinum mining operations have continued to impact output levels is providing a measure of support to prices this week.

SA platinum miners ready to cut back on electricity if required 11th January 2012

The biggest electricity users in South Africa, which includes the country's platinum mining sector, could reduce their power usage in order to avoid blackouts and power cuts.

Platinum output pushes up South African mining performance 18th January 2012

A sharp rise in platinum group metal (pgm) production helped to lift South Africa's mining industry during November. Analysis of officials figures by Nedbank shows pgm output rose 23.4 per cent from October, when production had slipped by nearly a fifth from September.

South Africa 'to impel platinum beneficiation' 3rd February 2012

More platinum group metals (pgms) mined in South Africa will stay in the country in future, the Department of Mineral Resources (DMR) has said. Domestic pgm sales will rise as the government begins to impel firms into beneficiation, reports Mining Weekly.