Marula mine, South Africa

An underground mine located in the Limpopo province.

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...

Implats may cut jobs at underperforming Marula mine

South Africa’s second-biggest platinum miner Impala Platinum (Implats) said on Friday that the underperforming Marula mine would remain a 70 000-oz/y producer for the next two years – a move that would result in job losses. The company...

Jubilee Platinum goes commercial on lucrative ferronickel

JSE-and Aim-listed Jubilee Platinum has advanced from a four-year developmental stage into a new phase as a producer of lucrative ferronickel from waste. Jubilee CEO Leon Coetzer, who hosted an analyst and media visit to the 85-employee operation...

Tjate platinum project on track

Mining exploration and development company Jubilee Platinum’s Tjate platinum project, on the eastern limb of the Bushveld Complex, is continuing, with nine new drill holes having been completed in the last quarter of 2010.

Phosa resigns from Bauba board

JSE-listed Bauba Platinum on Thursday announced the resignation of Mathews Phosa from its board as a nonexecutive director with immediate effect. . The company’s immediate business aim is the exploration, evaluation and development of the Bauba...

Platinum – supplies, mining and exploration

South African production of platinum in concentrate rose by 10%, to 1,24-million ounces in the first half of last year from platinum-group metals (PGMs) producer Anglo Platinum (Angloplat).

Changes implemented to tackle challenges at Marula

Platinum producer Impala Platinum’s (Implats’) Marula mine, in Limpopo province, has experienced a challenging year characterised by an unsatisfactory safety performance, a slower-than-expected ramp-up in production, reduced productivity and...

Impala Platinum’s worst ‘probably not over’, but Zimbabwe shines

The sharply down earnings on lower production, lower platinum-group metals (PGM) prices and higher costs, which characterised the results of JSE-listed Impala Platinum (Implats), may continue in the view of RBC Capital Markets Equity Research....

SA union says Implats wage talks 'tense'

Tense talks between South Africa's mine workers' union and Impala Platinum (Implats), the world's No. 2 platinum producer, began on Tuesday in a fresh attempt to end a week-long strike over wages. Concern grew last week that work could stop...

AngloGold’s Savuka, Moab Khotsong mines still closed after deaths

Mining at South African gold-miner AngloGold Ashanti’s Savuka and Moab Khotsong mines remained suspended on Tuesday after Friday’s two fatal accidents. The Tau Lekoa mine, which was shut after a death on May 14, was expected to reopen later...

Marula Merensky reef project, South Africa

The Merensky project will incorporate the development of a new decline, concentrator and supporting mining infrastructure.