Barrick to defend Sedibelo court action in South Africa

Canadian miner Barrick Gold would defend the court action instituted against it and platinum-group metals (PGMs) miner Platmin over the sale of Barrick’s 10% stake in the Sedibelo mine, on the Western Limb of South Africa’s Bushveld Complex....

Platmin to raise $250m in share placement

unior miner Platmin has filed a preliminary short-form prospectus in Canada on Friday to raise up to $250-million through a share placement. The platinum miner said that the shares in South Africa, the UK and the US, would only be offered on a...

Barrick sells SA PGM project to Platmin

TSX-, Aim- and JSE-listed Platmin will acquire Barrick Gold Corporation’s 10% interest in the Sedibelo platinum project, on the Western Limb of South Africa’s Bushveld Complex, for $15-million. The platinum miner announced on Friday that it...

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...

Platmin granted mining right for flagship Pilanesberg project

Canada-based Platmin, which was granted a mining right for its Pilanesberg project last week, is keen on expanding its resources around the mine and cooperating with neighbours, it said on Tuesday. The firm had opportunities to exploit synergies...

Barrick completes SA PGM prefeasibility study, may fast track project

World number-one gold producer Barrick Gold has completed a prefeasibility study of its first platinum group metals project in South Africa, and aims to wrap up the feasibility study (FS) by mid year 2008, an official said this week.

Barrick sets Placer integration on fast track

The world's largest gold-miner, Barrick Gold, is set to complete integration of Placer Dome into its structure within 100 days of closure of the deal.