MINING.COM

Diamond and platinum skull worth £50-million to be shown at the Tate

A £50-million diamond and platinum skull by the once notorious Damien Hurst will be featured in a retrospective of the artist this summer in London.

Michael Allan McCrae | February 11, 2012 | 6:31 pm

South Africa is looking at mining super-tax, ‘targeted intervention’ in platinum sector

South Africa's ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering new taxes and "targeted interventions" in the sector, particularly platinum mines.

Frik Els | February 5, 2012 | 9:38 pm

Boston shipwreck contains $3 billion of platinum

Treasure hunters are working to recover cargo on a World War II merchant ship, which was sunk by German u-boats just off Boston, that was carrying 71.4 tons of platinum, estimated to be worth $2.5 to $3 billion.

Michael Allan McCrae | February 2, 2012 | 11:09 pm

Platinum industry attacked from many angles: Aquarius Platinum CEO

Aquarius Platinum CEO, Stuart Murray, announced frustration with the platinum industry due to strikes, regulatory hurdles and PGM oversupply.

Michael Allan McCrae | February 1, 2012 | 12:59 am

Platinum: a long term play

Standard Bank maintains that while platinum prices over the long term are bolstered by a difficult supply outlook, over the short term, its prospects aren't as good.

Mineweb | January 25, 2012 | 8:34 am

CEO of Impala Platinum Holdings steps down

Impala Platinum Holdings (JSE:IMP), a leading producer of PGM and responsible for 25% of global platinum output, is losing its CEO.

Michael Allan McCrae | January 18, 2012 | 6:16 pm

South African PGM production down 2.7 percent

South African platinum group metal production was down 2.7 percent for the three months ended November 2011 compared with the three months ended August 2011.

Michael Allan McCrae | January 17, 2012 | 3:46 pm

Zimplats accused of underpaying royalties by Zimbabwe authority

Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim for outstanding payments.

Fast Markets | January 10, 2012 | 3:55 pm

Investors poured $5.9 billion into precious metal funds last year… no thanks to Paulson

Hard Assets Investor reports precious metals ETFs enjoyed solid $5.9 billion inflows last year that brought total assets in the sector to just under $98.5 billion; a figure that represents just under two-thirds of all exchange-traded products including energy and agriculture.

MINING.com Editor | January 9, 2012 | 9:55 pm

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