Company Announcement: Platmin Limited operating update for the first quarter of 2012

Platmin Limited today announced the completion of the acquisition of the western portion of the Sedibelo Platinum Project from the Bakgatla Ba Kgafela Tribe and Itereleng Bakgatla Mineral Resources (Pty) Limited

Company Announcement: Pallinghurst and Bakgatla Form A Strategic Partnership To Create A Major New PGM Producer

The Industrial Development Corporation of South Africa today announced a major investment in the platinum mining and beneficiation industry that will see the creation of a significant platinum group metals company in the North West Province of...

Pallinghurst shares rise on R1,3bn value uplift

The share price of the diversified JSE-listed Pallinghurst Resources rose nearly 4% before noon on Monday on the back of the R1,3-billion ($200-million) value uplift in the 12 months to December 31 of its platinum, iron-ore/manganese, coloured...

Pilanesberg platinum mine, South Africa

Platmin plans to increase production at its Pilanesberg platinum mine to 12 000 oz/m of three platinum-group elements and gold by December this year.

Pallinghurst's Platmin increasing platinum output 'to expectation'

JSE-listed Pallinghurst's platinum company Platmin was increasing its platinum group metals (PGM) output "to expectation", CEO Arne Frandsen said on Tuesday. Platmin announced in January that the reaching of full capacity of 250 000 PGM ounces a...

Cape Lambert sells noncore shareholdings for A$27,7m

Australian iron-ore producer Cape Lambert on Wednesday reported that it had successfully disposed of A$27,7-million worth of noncore assets, including its shareholding in Platmin, which owns the Pilanesberg platinum mine in South Africa. The...

Platmin posts $6,6m profit, says SA project’s costs rise

Emerging platinum-miner Platmin swung to a net profit of $6,6-million in the second quarter of the 2010 financial year owing to higher foreign exchange gains as a result of the strengthening of the rand against other foreign currencies. The TSX-,...

Labour issues halt mining at Platmin’s flagship SA mine

Opencast mining activities at TSX- and JSE-listed Platmin’s Pilanesberg Platinum Mine (PPM) have been interrupted following the dismissal of about 500 employees of mining contractor, MCC, over an illegal strike action. The platinum-miner noted...

PLATINUM BENEFITS FOR 350 000

PLATINUM BENEFITS FOR 350 000 –The listing on the JSE of midtier platinum-miner Platmin, in which Brian Gilbertson’s Pallinghurst has a 51% interest, is said to be a platform for the company’s black economic Bakgatla Ba Kgafela empowerment...

Low-cost Pilanesberg breaks even at $650/oz platinum – Platmin

The life-of-mine breakeven cost of platinum miner Platmin's new Pilanesberg platinum operation was from $600/oz to $650/oz at current exchange rates and rand-dollar prices, Platmin executive chairperson Keith Liddell told Mining Weekly Online at...

DRA injury rate well 
below industry standard

DRA Mineral Projects’ lost time injury frequency rate (LTIFR) is 0,12; well below the South African industry average of 0,5.

Minerals operations company ramps up 
new projects

Minerals operations executive company Minopex is currently ramping up three new projects, says Minopex MD Paul Thomson.