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JIC Mining to retrench another 861 employees

By: Megan van Wyngaardt Mining contractor JIC Mining Services on Friday confirmed plans to retrench 861 of its employees by the end of November, bringing its number of retrenchments for the year to 1 600. JIC human resources director Andre Oldknow told Mining Weekly Online that there were several reasons for the... 

Eastplats Q1 PGM output drops 3.6%

By: Henry Lazenby 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 March. This was a 23% increase on the 19 854 oz it... 

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R/€ = 13.05Change: 0.07
R/$ = 12.14Change: 0.15
Au 1184.30 $/ozChange: -1.50
Pt 1143.50 $/ozChange: 3.00
 
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