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Platinum

PLATINUM

Platinum Group targets 'build or sell' decision by year-end

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TSX- and Amex-listed Platinum Group Metals (PTM) hopes to have a decision this year on whether it will look for a buyer or build its first platinum mine in South Africa, president Michael Jones said on Thursday. “We think there are a number of...

By: Liezel Hill

19th November 2009

PLATINUM

Aquarius plans to reopen Everest mine in 2010

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Midtier platinum-miner Aquarius Platinum has started the second phase of the re-establishment project at its Everest mine in South Africa, paving the way for the mine to resume operations by September next year. The second-phase of the project...

By: Mariaan Webb

19th November 2009

PLATINUM

Johnson Matthey bullish on platinum, palladium, sees deficits

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Platinum researcher Johnson Matthey on Tuesday presented a bullish outlook for both platinum and palladium and spoke of deficits being on the way in both metals. Johnson Matthey precious metals marketing director Mark Bedford told Mining Weekly...

By: Martin Creamer

17th November 2009

PLATINUM

Anooraq to produce 270 000 oz/y by 2014

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Platinum junior Anooraq Resources’ growth projects were on track to deliver 270 000 platinum group metal (PGM) ounces by 2014, president and CEO Philip Kotze said this week. Kotze said that the size and scale of the recently acquired Bokoni...

By: Esmarie Swanepoel

17th November 2009

PLATINUM

Lonmin shares rise as worst seems over for platinum miner

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The shares of Lonmin rose 7% in Johannesburg and London as the market perceived the worst to be over for the right-sizing platinum miner, whose promised actions were largely on track. "We announced 700 000 oz and produced 683 000 oz. We were a...

By: Martin Creamer

16th November 2009

APPOINTMENT

Wesizwe appoints new nonexec director

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JSE-listed platinum producer Wesizwe Platinum has appointed Dr MH Mathe as a nonexecutive director to the board, with immediate effect. Mathe would provide the board with an additional independent nonexecutive, with complementary expertise to the...

By: Esmarie Swanepoel

16th November 2009

PLATINUM

Lonmin revenues slump 50%, no dividend for second year

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Platinum miner Lonmin's revenue slumped 50%-plus in the year to September 30 and the company decided not to declare a final dividend for the second year in a row. The flagship Marikana platinum mine in Rustenburg came in 2% below guidance....

By: Martin Creamer

16th November 2009

PALLADIUM

NA Palladium may restart Lac des Iles next year

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Toronto-based North American Palladium (NAP) could make a decision to restart its Lac des Iles (LDI) palladium mine within a "few" months, CEO William Biggar said on Friday. “If the palladium price holds or surpasses its current level for a few...

By: Liezel Hill

13th November 2009

Topics in these articles

City	Company	Country	Currency
New York Toronto Vancouver Johannesburg London	Anglo Platinum PTM RBC Capital Markets Wesizwe Platinum Western Bushveld Joint Venture Johnson Matthey Lonmin Eskom Evolution Securities Incwala Resources Cadiscor Resources North American Palladium	South Africa China Japan United Kingdom	USD CAD
Person	Facility	Industry Term	Natural Feature
George Soros Kris Begic Leon Esterhuizen Michael Jones Alison Cowley Mark Bedford Charles Kernot Ian Farmer Incwala Roger Phillimore William Biggar William Stone	Everest Mine Blue Ridge Mine Platmin's Pilanesberg Mine Smokey Hills Mine Limpopo Mine Marikana Platinum Mine Roby Underground Mine Sleeping Giant Mine	Surface Infrastructure Metal Pipeline Metal Balance-sheet Management Platinum Group Metal Platinum Miner Platinum Producer Byproduct Metal Prices	Everest Smokey Hills
Continent	Province Or State	Technology
Europe North America	Limpopo	Fuel Cells Fuel-cell Technology