Anglo American says Eskom a major risk as it mulls growth

Global miners have been cutting spending on new projects and expansions since 2012.

For those hoping for a strong uptick in the price of the precious metal, the World Platinum Investment Council does not offer reason to be sanguine.

Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.

Consolidation in South African's platinum mining sector continued on Friday with Lonmin's decision to buy Amplats' stake in the Pandora platinum mine.

Comprehensive wage agreement brings stability to South Africa platinum industry, responsible for more than 70% of world output.

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.

First you need to screen for rubber, gravel, cement dust and cigarette butts.

Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.