Platinum

The rise of mining costs will have a more dramatic impact on the 2013 industry results than in the last couple of years, revealed Thursday global ranking agency Fitch Ratings.

While the world concerns itself with the Syrian civil war and the dangers it poses for the already disturbed Middle East, little notice is taken of the conflicts affecting Africa, probably the single most complex region of the world and arguably its most troubled, warned Tuesday the Centre for Research on Globalization (CRG).

South Africa’s economy continues to struggle as a consequence of the widespread strikes that have hit its mining sector since August, weighing more heavily on the economy in the third quarter than what economists had predicted.

"Appointing Nhleko as CEO will come out of the blue for international investors."

Weak dollar, no EU deal and fresh violence at South Africa's mines help gold price through $1,750.

Prophecy Platinum Corp. (NKL), has scored a major talent coup by attracting a trio of credible and experienced mining executives to advance its flagship Wellgreen platinum, nickel and copper project in the Yukon Territory.

The world's number one platinum miner upped its back-to-work offer this week, but it was rejected.

Oil, gas and mining companies' request to have transparency rules put on hold under 2010 financial reform act has been rejected.

Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before tax of $698 million in the financial year ending in September.