Researcher ‘cautiously optimistic’ about future PGM labour relations

Recent wage agreements between chief South African platinum producers and collective bargaining agent the National Union of Mineworkers (NUM) have provided some cause for cautious optimism regarding future labour relations, asserts research firm...

ANC mulls legislation to supersede mining contracts – official

South Africa’s ruling African National Congress (ANC) wants to forge an economy in which its natural resources best serve the country, says the head of the party’s task team formed to study a proposal to nationalise mines. National needs...

Zimbabwe’s promising platinum future

Palladium and platinum supplies decreased in Russia and North America, while supplies of the metals climbed in Zimbabwe last year, states platinum refiner and specialist Johnson Matthey’s ‘Platinum 2010’ report.

Xstrata targets higher platinum, chrome output

Platinum and chrome producer Xstrata Alloys on Wednesday stated that it expected a platinum production compound annual growth rate (CAGR) of 25% over the next five years from existing operations and organic growth, as well as a 6% CAGR in chrome...

Braemore-Mintek 50%-BEE smelter deal designed to 'look after' emerging platinum miners

The smelting technology deal that the London-listed Braemore Resources plc had struck with South Africa's state-owned Mintek was designed to "look after" emerging South African platinum miners as the Department of Minerals and Energy did not want...

Govt, platinum-miners study local-value-add options

South Africa's government, platinum producers and other industry participants have formed a committee to investigate local beneficiation opportunities for platinum-group metals (PGMs), which could have a "significant effect" on...

Wesizwe in talks to buy, might be looking at Eland

JSE-listed platinum junior Wesizwe announced on Friday morning that it had entered negotiations with regard to a potential acquisition, and a top platinum analyst told Mining Weekly Online that logic pointed towards its target being JSE-listed...

Xstrata best Anglo American suitor, say London analysts

The voracious South Africa-led London-listed diversified mining company Xstrata plc was the most logical suitor for South Africa's iconic Anglo American plc in restructured form, three London analysts concurred on Wednesday.

Zimbabwe monthly platinum production slightly up

Provisional figures from the Chamber of Mines of Zimbabwe indicate that monthly gold production increased slightly from 1 053 kg in September to 1 070 kg in October, pushing total output for the first ten months of 2006 to 9 405 kg.

Submersible slurry pumps in high demand

Having been awarded the South African Design Excellence (DISA) award for two of its products last month, Pretoria-based Hazleton Pumps, also indicates that it is currently developing the largest submersible slurry pump to date.

PGM-miner optimistic about prospects this year

Despite the somewhat debilitating effects of a strong rand, platinum producer Impala Platinum (Implats) remains optimistic about prospects in 2005.

BEE company positioned for empowerment deal flow

Last week, new black economic empowerment (BEE) company, Incwala Resources, set sail with the ambition to become the empowerment flagship of the mining industry.