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PLATINUM

Heightened risk of platinum supply disruption – Lonmin

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The risk of a disruption of the supply of platinum from South Africa had heightened, Lonmin CEO Ian Farmer said on Wednesday. Farmer told the Mining Indaba conference in Cape Town that, while supply disruption would have a marked impact because...

By: Martin Creamer

8th February 2012

BASE AND PRECIOUS METALS

Norilsk nickel output may rise, other metals stagnate

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Russia's Norilsk Nickel, the world's largest producer of nickel and palladium, said on Monday that it may see a modest recovery in nickel output this year, while palladium, platinum and copper could continue to decline. The Russian metals giant,...

By: Reuters

30th January 2012

PLATINUM

Govt-enforced safety stoppages lacerate Amplats, Lonmin platinum production

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Soaring government-enforced safety stoppages at South African platinum mines have lacerated the production performances of mining companies Anglo American Platinum (Amplats) and Lonmin, latest production reports indicate. Both companies say that...

By: Martin Creamer

26th January 2012

PRECIOUS METALS

Sprott bearish on base metals, positive on gold, oil

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Prominent Canadian fund manager Eric Sprott said he was bearish on cyclical commodities such as industrial metals because of the economic slowdown, though he remained positive on gold and crude oil. Sprott, a long-time gold bull who last week...

By: Reuters

19th January 2012

PLATINUM

Double dose of surprise news tears strips off platinum behemoths

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Two consecutive days of surprise negative news this week tore strips off the share prices of South Africa’s two leading platinum mining companies. Anglo American Platinum (Amplats) lost 4% of its value on Thursday when it warned of a 60%-to-70%...

By: Martin Creamer

19th January 2012

PALLADIUM

North American Palladium to close Quebec mine

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Canada's North American Palladium Ltd said it would stop production at its Sleeping Giant gold mine in Quebec, resulting in the layoff of about 90 employees and a non-cash impairment charge on gold assets of about C$50-million. "At Sleeping...

By: Reuters

18th January 2012

METALS TRADING

LME CEO firm on fee hike, sale opposition hardens

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London Metal Exchange (LME) CEO Martin Abbott held firm on a decision to hike trading fees that has hardened members' opposition to the potential sale of the world's top metals marketplace. High-level members of the 130-year-old exchange say that...

By: Reuters

12th January 2012

RUSSIA

Norilsk board approves $3 bln investment plan

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Russian metals group Norilsk Nickel said on Thursday its board had approved its budget for 2012, which envisages investing over $3-billion in its development. The budget approval is the first step in the realisation of the company's production...

By: Reuters

29th December 2011

Topics in these articles

City	Company	Country	Industry Term
Cape Town Moscow Johannesburg Rustenburg	Lonmin ING Anglo American Platinum Liberum Capital Mineral Resources Vale Joint Venture Bullion ETFs New York Stock Exchange Reuters Sprott Inc Toronto Stock Exchange Amplats Implats Royal Bafokeng Platinum Limited North American Palladium Ltd London Metal Exchange Norilsk Nickel	South Africa Australia Botswana Finland Russia Zimbabwe China Turkey Japan Canada	High Electricity Prices Metal Sales Crude Oil Gold-mining Stocks Palladium Product Steel Metals
Person	Region	Currency	Facility
Ian Farmer Maxim Matveyev Neville Nicolau Eric Sprott Cailey Barke David Brown William Biggar Martin Abbott	Arctic Circle	SGD USD CAD Pence RUB	Vezza Mine
Province Or State
Quebec