Amplats CEO to be most powerful woman in precious metals mining

The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.

Head of Global Sales and Marketing Markus Meurer said purchases in 2017 would rise to as much as 600,000 oz of palladium, compared to 160,764 oz last year.

The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.

The three-year wage agreement was signed by all three unions, the company said.

Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.

Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.

Precious metal is up 114% or $880 an ounce in 2017 as above-ground stocks are "bled dry".

David Morgan uncovers supply and demand fundamentals on mining, cost of production, utility, and ratios in Proven and Probable interview.

Precious metals miner said its platinum group metals (PGM) operations had delivered "solid operational results" in the first-half of 2017, prompting an upward revision to its 2017 production forecast and a downward revision to guided costs.