Platinum industry expects supply deficit in 2018

The platinum market is likely to hit a record deficit of 844,000 ounces in 2013, HSBC says, as supply shrinks and demand, […]

At least 2,400 workers were being held down in the mine by their own colleagues.

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

Downward trend continues for metals. Weak dollar provides no relief.

Deputy President to meet with business, labour and government reps on Friday.

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

Peter Marquez, former director of space policy under US Presidents George W. Bush and Barack Obama, is Planetary Resources’s new vice president for global engagement.

Company filed both a mining right application and included a BEE (Black Economic Empowerment) partner.

Helped company achieve NYSE listing.