Resources Watch
Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Johnson Matthey says security of supply is concerning for platinum end-users.
The new 2014 emission legislation is set to boost platinum demand.
And, the Chinese will invest R600-million to resuscitate the liquidated Orkney gold mine.
Security of platinum supply is concerning platinum end-users, with Johnson Matthey GM research Peter Duncan saying the lack of capital investment even in the replacement of platinum production capacity in the last few years was making it difficult for South Africa to grow its supply at a time of promising demand prospects.
Johnson Matthey GM research Peter Duncan
Johnson Matthey GM for marketing, Jeremy Coombes, says new upcoming vehicle emission standards in Europe and China are poised to boost demand for platinum.
Johnson Matthey GM marketing Jeremy Coombes
Chinese investors have agreed to a capital injection of R600-million into the dormant Orkney gold mine, bought out following the liquidation of the former JSE-listed Pamodzi Gold.
China African Precious Metals executive director Elias Khumalo
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