Eastplats widens loss, reports lower PGM sales

TSX-, Aim- and JSE-listed Eastern Platinum (Eastplats) on Monday reported a 4% fall in first-quarter platinum-group metal (PGM) sales and said it widened its loss to $8.9-million. Shares in the miner fell 7.35% to C$0.315 apiece in Toronto and...

Eastplats Q1 PGM output drops 3.6%

TSX- and JSE-listed Eastern Platinum on Thursday reported a 3.6% year-on-year decline in first-quarter platinum group metals production at its Crocodile River mine (CRM) in South Africa. The mine produced 24 474 oz in the three months ended...

Minister says short-term AMD plan sufficient, but more needs to be done

There is sufficient dilution capacity to ameliorate the untreated acid mine drainage (AMD) and neutralised AMD decanting from basins in the Witwatersrand between now and the end of 2014, Water and Environmental Affairs Minister Edna Molewa said on...

Implats output down 12%, refining down 27%, costs up 10%

Platinum major Implats has reported 12% lower production, 27% lower refining, 10.8% higher units costs, unresolved indigenisation implementation in Zimbabwe and three deaths. The platinum production of South Africa’s second-largest platinum...

Company Announcement: First quarter production report for period 1 July to 30 September 2011

Gross platinum production declined by 12% compared to the first quarter a year ago to 388 000 ounces.

Eastplats resumes production at South African mine

Eastern Platinum said it has resumed full production at its flagship Crocodile River mine in South Africa, following a probe into a fatal accident at the mine earlier this month. The company, which produces platinum group metals (PGM) that...

Platinum miners say strike end as JIC and NUM settle

Mining contractor JIC Mining Services and the National Union of Mineworkers (NUM) have settled on a two-year wage agreement, ending a strike that impacted on platinum output in South Africa. Eastern Platinum (Eastplats) said the majority of the...

Barplats MD Robinson resigns

TSX-, Aim- and JSE-listed Eastern Platinum (Eastplats) announced on Tuesday that Wayne Robinson has resigned as the MD of its South African operating subsidiary, Barplats Mines. Robinson, who has been managing the group’s South African...

Eastplats says Crocodile River production halved by strike

TSX-, Aim-, and JSE-listed Eastern Platinum (Eastplats) on Thursday reported that platinum production had been halved to 210 oz/d at its Crocodile River mine, due to “peaceful” industrial action by about 756 members of the National Union of...

Civil engineer plays down threat posed by acid mine water

Acid mine drainage currently harassing the mining industry is definitely not a new problem, South African Institution for Civil Engineering water engineering division member Dr Chris Herold states.

Eastplats reports a loss as shares lose more ground

Shares in miner Eastern Platinum (Eastplats) fell to their lowest level since October 2009 on Monday, after the company reported a $7.9-million loss for the June quarter, having posted a $3.5-million profit in the same three-month period last...

JIC Mining Services clinches contract for underground development at Rustenburg PGM project

South African underground mining contractor JIC Mining Services has been contracted by Canadian mining company Platinum Group Metals for phase one underground development of twin 1 200 m central decline tunnels into the Project 1 platinum deposit...