Sibanye logs steep rise in half-year profit, mulls platinum mines future
The miner said it was is currently assessing the operational and financial situation of its platinum division, which may require "remedial action".
The miner said it was is currently assessing the operational and financial situation of its platinum division, which may require "remedial action".
It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze.
Project consists of two open-pit mines forecast to produce 87,000 ounces of the yellow metal a year during their eight to nine years of mine life.
Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.
The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.
A federal court dismissed challenge from a traditional owner to mining permits for the mine.
Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).
The Responsible Jewellery Council is an international not-for-profit organization, which focuses on enhancing consumer confidence in the jewellery industry and promoting of responsible business practices.
Precious metals expert Michael Ballanger reviews a number of the key elements that have characterized 2016's advance in gold, silver and the associated mining, development and exploration stocks.
None of the foreign-owned platinum miners operating in the world's number three producer of the precious metal is listed on the Zimbabwe Stock Exchange.