Top platinum mines keep digging even as price at decade low Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount. Bloomberg News | September 15, 2018 | 1:33 pm
South Africa’s Implats CEO confident of funding during restructuring Implats is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss. Reuters | September 13, 2018 | 10:34 am
Russia’s Potanin returns 2 pct in Norilsk Nickel to Abramovich -sources The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel. Reuters | September 10, 2018 | 11:42 am
Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high. Frik Els | September 7, 2018 | 2:27 pm
Luxembourg’s mining-focused Space Agency ready to lift off Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects. Cecilia Jamasmie | September 7, 2018 | 3:50 am
Lonmin’s largest shareholder backs takeover by Sibanye-Stillwater Lonmin has been the biggest casualty in South Africa's platinum mining industry. Reuters | September 3, 2018 | 7:43 am
India’s Anil Agarwal succeeds with Vedanta Resources buyout Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American. Reuters | September 3, 2018 | 7:21 am
Zimplats FY profit tumbles after higher deferred tax charge Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge. Reuters | August 31, 2018 | 9:37 am
Platinum-gold alloy is the most wear-resistant metal in the world Researchers say the alloy could save the electronics industry more than $100 million a year. Valentina Ruiz Leotaud | August 28, 2018 | 4:28 pm
