SA platinum production to disappoint as global demand climbs

Deficient South African production levels are expected to create significant supply shortfalls, despite the prediction that international demand for platinum will continue on its current growth path, asserts platinum analyst René Hochreiter.

Platinum demand forecast to grow by 5.8% each year to 2020

Global platinum demand is expected to increase 5.8% a year during the period from 2010 to 2020, reaching 10.319-million ounces. Speaking at the Geological Society of South Africa’s Platinum Day conference, in Johannesburg, mining corporate...

Engineering company awarded multiple mining projects

Minerals process and project management company MDM Engineering has been awarded the bankable feasibility study (BFS) by Botswana-based mining company Global Initiatives for Botswana State-owned company BCL’s Dumps Tailings Retreatment Project...

Platinum Group Metals forms JV with Allan Hochreiter’s Sable Platinum

Toronto-listed junior miner Platinum Group Metals (PTM) has created a new exploration joint venture (JV) with newly established Sable Platinum, adjoining the Xstrata Eland project area in South Africa’s Bushveld Complex, it said on Monday....

Strong prices in 2008, says world diamond bourses president

Higher-range rough diamond prices will remain robust in 2008, with demand outstripping supply for the foreseeable future, says World Federation of Diamond Bourses president Ernie Blom.

Strong diamond prices expected as China, India become major consumers

Higher-range rough diamond prices will remain robust in 2008, with demand outstripping supply for the foreseeable future, the World Federation of Diamond Bourses president said on Monday. "We should see very strong prices," Ernie Blom,...

Don't hold your breath - verdict on giant 'diamond' only expected next week

It will remain a mystery whether claims that a company has found the world's biggest diamond are true, at least until early next week, the person who has been asked to verify the reported 7 000 ct stone said on Wednesday.

Claims of huge diamond find met with sceptism by industry insiders

A diamond reportedly twice as big as the Cullinan diamond has allegedly been found in the North West province, but the validity of the claims were questioned by some industry pundits on Tuesday. "If it is a real diamond it's an amazing...