Platinum Top Stories

South African AMCU union seeks $1,145 monthly basic wage in pay talks

The world's top platinum miners are bracing for a fresh round of negotiations with South African workers as a rise in profits is likely to provoke higher wage demands from labour unions.

Reuters | June 14, 2019 | 1:25 pm

World’s top platinum miners brace for ‘substantial’ wage demands

“Companies are performing well and we are confident they can…

Bloomberg News | June 13, 2019 | 9:37 am

Noront and Aroland First Nation to work together on nickel mine in Ontario

The Indigenous group will become a shareholder in Noront.

MINING.COM Staff Writer | June 7, 2019 | 6:38 am

S.Africa’s Amplats settles strike at Mototolo mine

An illegal strike that led to the dismissal of over…

Reuters | May 30, 2019 | 9:42 am

After M&A spree, Sibanye is now the world’s No. 1 platinum miner

The deal, approved by shareholders on Tuesday, creates a company…

Bloomberg News | May 29, 2019 | 3:58 pm

The mining supercycle and its demise

Supercycle meets Kubler-Ross.

Hallgarten & Company | December 4, 2015 | 5:17 am

Obama boosts asteroid mining, signs law granting rights to own space riches

While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.

Cecilia Jamasmie | November 26, 2015 | 2:52 am

Anglo American shares close at lowest in 16 years on HSBC note

HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.

Cecilia Jamasmie | November 25, 2015 | 10:30 am

Commodity prices have not bottomed yet — Goldman Sachs

Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.

Cecilia Jamasmie | November 20, 2015 | 9:01 am

Lonmin investors approve key $407m rights issue

The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.

Cecilia Jamasmie | November 19, 2015 | 5:01 am

The collapse of commodities in one simple chart

Year to date gold is one of the better performers, but rhodium comes off worst.

Visual Capitalist | November 18, 2015 | 1:37 am

Platinum, palladium prices tank as investors flee

CHARTS: South Africans can't liquidate ETF holdings fast enough, sending platinum to fresh 7-year low and palladium down 20% within only two weeks.

Frik Els | November 13, 2015 | 4:03 pm

Anglo reshuffles top management team, waves iron ore boss good-bye

With the changes, Anglo’s chief Mark Cutifani is trying to turn around the company’s fortunes following years during which it has underperformed its peers.

Cecilia Jamasmie | November 12, 2015 | 8:20 am

US Congress grants citizens rights to own asteroid-mined riches

Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.

Cecilia Jamasmie | November 12, 2015 | 7:00 am

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