IDC invests big in Gilbertson/Frandsen new-look platinum integration

South Africa’s State-owned Industrial Development Corporation (IDC) has made its biggest single investment in five years - R3.24-billion - in Platmin’s comeback as an integrated miner and beneficiater. The delisted Platmin, now enhanced and...

No news yet on Platmin’s TSX delisting date

Junior miner Platmin on Thursday said it had not yet received confirmation from the TSX with regard to its intended delisting from the Canadian stock market. Platmin previously indicated its intent to voluntarily delist from the TSX, where it has...

18/11/2011 (On-The-Air)

The gun that Chile is holding at the head of Anglo American is putting South African investors at risk; The Northern Cape has been chosen as the place to set a new world land speed record; and COP 17 climate conference.

Platmin reports progress after industrial relations setbacks

Platinum group metals exploration and development company Platmin reported on Monday that metal output at its Pilanesberg platinum mine (PPM) was starting to recover following intensive efforts to improve industrial relations at the operation,...

Platmin faces delay at Pilanesberg after strikers damage equipment

Platinum group metals producer Platmin said on Monday that it would bring in an extra mining contractor at its Pilanesberg mine, after extensive damage was done to MCC’s fleet, following illegal strike action. Platmin CEO Tom Dale said that...

Platmin appoints Bakgatla representative as director

TSX-, JSE- and Aim-listed Platmin has appointed Kgosi Pilane as director to represent the Bakgatla Ba Kgafela (Bakgatla) tribe, a key partner in the development of the junior’s operations in the western limb of the Bushveld complex. Pilane, who...

Rapid growth of Africa’s mining industry to continue into the future

The company reports that it has placed itself squarely at the centre of the current mining boom, building a strong reputation on some of the continent’s largest mining projects. The company has provided expertise in mine engineering, development...

CoAL appoints Koonin as financial director

JSE-, ASX- and Aim-listed coal junior Coal of Africa Limited (CoAL) on Friday announced that Wayne Koonin would replace Blair Sergeant as financial director. CoAL said in a statement that Sergeant would take up the position of Lemur Resources MD,...

FOCUSED ON PLATINUM DELIVERY

The Tuschenkomst openpit, which is being mined by the Pallinghurst-linked Platmin at its Pilanesberg mine, at Moruleng, in the North West. A R1,5-billion fleet moves four-million tons a month, which Platmin CEO Tom Dale is hoping to increase...

Platmin secures 6Moz in R500m deal with Bakgatla community

The TSX- and JSE-listed platinum miner Platmin has secured six million ounces of platinum in a R500-million deal that “transforms the business”. Pallinghurst CEO Arne Frandsen tells Mining Weekly Online that the acquired resource has the...

Galaxy Gold founder Peter Skeat steps down

Gold-mining junior Galaxy Gold founder and CEO Peter Skeat is standing down to become a nonexecutive director of the company. The miner on Monday announced that nonexecutive chairperson Ian Watson has been appointed as executive chairperson and...

Pilanesberg platinum mine, South Africa

The Pilanesberg platinum mine extends over an area of about 5 450 ha on the Tuschenkomst, Ruighoek, Witkleifontein and Rooderand properties.