Global furnace group boasts numerous projects

Local furnace supplier Tenova Pyromet is undertaking the design and supply of components for two ferrochrome furnaces for use at the Xstrata-Merafe Lion ferrochrome complex, in Limpopo.

Fuel cell makes loco debut, better than asteroid mining, big demand change needed

A platinum-using fuel cell is driving a locomotive in a South African platinum mine; a platinum miner quips about asteroid mining; and current weak platinum demand is seen as hugely problematic.

Aquarius says PGMs production will miss target

Platinum miner Aquarius Platinum said on Monday it could produce some 40 000 oz less platinum group metals in the full year than previously foreseen, as the impact of work stoppages hurts output at the number four platinum producer. In an...

Implats, Northern Shield formalise QC platinum JV

Canadian junior Northern Shield on Friday said it firmed up a joint venture agreement with world number-two platinum producer Impala Platinum over the TSX-V-listed company’s Idefix property in northern Quebec. The partners had in January inked...

Amplats reports fewer safety stops, refined output falls on maintenance

The world’s largest platinum producer Anglo American Platinum (Amplats) is confident it would refine and sell between 2.5-million ounces and 2.6-million ounces of platinum this year, despite maintenance delaying its first-quarter refined...

Mitsubishi buys 25% of Marathon PGM project

Billings, Montana-based palladium and platinum producer Stillwater Mining has agreed to sell a 25% stake in its Marathon project in Ontario to Mitsubishi for $94.6-million, including a commitment from the Japanese firm to meet the venture’s...

Effective lubrication and filtration lower environmental footprint

Using the correct filtration and lubrication system will help mining companies lower their energy consumption, reduce their carbon footprint and decrease their environmental impact, while improving production capacities, advises wear control...

Valve supplier benefits from mining industry

Valve and valve-related product supplier TTV Fluval reports that the mining industry has been a significant consumer of its range of Smart valve positioners since its launch, with products mostly being supplied to gold- and platinum- mining...

Implats dispute with Zimbabwe deepens

A war of words between South Africa's Impala Platinum and Zimbabwe intensified on Thursday, when the world's second-biggest platinum producer denied offering to hand over a stake in its local unit to the government. A senior Zimbabwean Minister...

Palladium price to continue gaining ground on platinum

Supply constraints out of South Africa, the biggest platinum producer, coupled with shrinking palladium shipments from Russia, mean that the prices of the two metals will continue to move closer together, Stillwater Mining CEO Francis McAllister...

Implats H1 earnings get lift from weak rand

Impala Platinum, the world's second-largest platinum producer, reported a 66% jump in first-half earnings after a weaker rand bolstered the price it receives for its product. The company, which lost 33 000 oz of output in the last four months of...

Implats expects up to 70% gains on headline earnings

JSE- and LSE-listed Impala Platinum (Implats) on Friday reported that its headline earnings for the six months ended December 31 would increase by between 60% and 70% year-on-year. Earnings a share are expected to be between 552c and 587c.