Heightened risk of platinum supply disruption – Lonmin

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...

Friedland upbeat about SA platinum discovery

Canada’s Ivanplats has discovered a significant platinum deposit near Mokopane in South Africa, CEO Robert Friedland said on Wednesday, adding that it was considering setting up smelting and refining operations in the country. Speaking at the...

Nkwe expects resolution around farm dispute shortly

Embattled platinum developer Nkwe Platinum on Wednesday reported that it was hoping to resolve an ownership dispute regarding its platinum group tenements in South Africa, within the next two weeks. During December last year, Nkwe and its...

Norilsk Nickel eyes SA platinum sector

Russia's Norilsk Nickel, the world's largest producer of nickel and palladium, is looking at platinum mine acquisitions in South Africa to boost its PGM output over the next decade, a senior official said on Tuesday. Norilsk Nickel is already in...

IDC report highlights jobs potential of SA mining

A supportive operational environment together with a turnaround in South Africa’s mineral extraction rates could stimulate the creation of an additional 140 000 direct mining jobs by 2020 and over 200 000 by 2030, the State-owned Industrial...

Deep Yellow splits Namibia deposit, reports progress

Australian uranium exploration company Deep Yellow has removed its Tubas Red Sand (TRS) deposit from its Omahola project, in Namibia. The company’s flagship project, located near Swakopmund, initially comprised three deposits, namely Inca, TBS...

Implats expects up to 70% gains on headline earnings

JSE- and LSE-listed Impala Platinum (Implats) on Friday reported that its headline earnings for the six months ended December 31 would increase by between 60% and 70% year-on-year. Earnings a share are expected to be between 552c and 587c.

Canadian palladium explorer to expand reserves in 2012

Canadian-based platinum-group metals miner North American Palladium (NAP) reports that it will conduct 70 000 m of palladium exploration drilling to expand its reserves and resources, as well as to identify new targets at its Ontario-based Lac des...