Volcan was Anglo American's biggest shareholder, with a nearly 20% stake.

The majority union in the platinum sector has demanded a hike of $1,145 per month, or around 48%.

The Vancouver-based miner wants to position itself as one of the larger non-producing palladium explorers in North America.

Sibanye’s agreement is viewed as a good proxy for what’s possible in the platinum industry.

Palladium still the highest valued precious metal.

The join venture entered into an agreement with Florida International University to further advance a research program.

So far this year, the company has drilled 34 holes totaling 15,451 metres on the East Mine Block.

While the producers will be conscious that AMCU led the country’s longest ever platinum mining strike in 2014, none can meet its demand for a pay increase of as much as 48% without undermining their businesses.