According to Zacks, “Anglo American Platinum Group, formerly known as Anglo Platinum Group is the producer of platinum group metals. The group comprises the holding company and its wholly owned subsidiaries: Rustenburg Platinum Mines, Potgietersrust Platinums Limited, Lebowa Platinum Mines Limited. Read the full article by here: Johannesburg, South Africa News Submit and … [Read more...] about Zacks Lowers Anglo American Platinum to Hold
Platinum
Cut jobs at Bokoni platinum mine
David McKay reports that platinum producer Atlatsa Resources is to close two shafts and cut jobs at its Bokoni Platinum Mine as part of a plan with its joint venture partner, Anglo American Platinum, to keep the company afloat. The firm, which owns 51% of Bokoni, said it had issued a so-called Section 189A notice […] The post Cut jobs at Bokoni platinum mine appeared … [Read more...] about Cut jobs at Bokoni platinum mine
Platinum Group Metals Files WBJV Project 1 Technical Report
The report, entitled “An Independent Technical Report on the Maseve Project located on the Western Limb of the Bushveld Igneous Complex, South Africa” is dated effective July 15, 2015 and was prepared by Charles J Muller Geology) Pri. Sci. Nat., of CJM Consulting Ltd.; Gert Roets , Pr. Read the full article by here: Johannesburg, South Africa News Submit and get … [Read more...] about Platinum Group Metals Files WBJV Project 1 Technical Report
Lonmin Keen on Promoting Platinum as BRICS Reserve Currency
Lonmin Plc, the world’s third-largest platinum producer, said South Africa should push its BRICS emerging-market partners to enact stricter laws to curb vehicle emissions and adopt the metal as a reserve holding to drive demand. Platinum producers in South Africa, which provides more than 70 percent of global supplies, are grappling with a 44 percent slump since 2011 in … [Read more...] about Lonmin Keen on Promoting Platinum as BRICS Reserve Currency
Northam agrees 13% wage increase at Zondereinde platinum mine
Northam Platinum has agreed a three-year wage deal with employees at its Zondereinde mine in which entry-level underground workers will receive a 13% wage increase on basic pay and allowances this year. “This is a good outcome for both employees and the company as it provides certainty and allows all stakeholders to focus on the […] The post Northam agrees 13% wage … [Read more...] about Northam agrees 13% wage increase at Zondereinde platinum mine
