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Platinum Group Metals News

Platinum giant implements new concentrator process

By: Shannon de Ryhove     7th December 2007 Consulting company to the minerals processing industry Metallicon has been awarded a number of contracts for the improvement of the concentrators at platinum giant Anglo Platinum (Angloplat). The contracts were awarded in May 2006, with completion of phase two expected by about June 2009.  

Water treatment company awarded turnkey projects

By: Shannon de Ryhove     7th December 2007 Water treatment solutions company VWS Envig has won two contracts to design, supply, and commission a sodium sulphate crystalliser and a nickel sulphate evaporator plant for Anglo Platinum (Angloplat). The plants are worth R68-million and R18-million respectively.  

Mining giant remains committed to zero harm

7th December 2007 In it's interim report, platinum giant Anglo Platinum (Angloplat) says it remains committed to the principle of zero harm. 

Platinum miner makes good progress in Abet initiatives

7th December 2007 Mining giant Anglo Platinum (Angloplat) is making steady progress with its outcomes based skills development strategy at its Rustenburg operations.The material was developed by Johannesburg-based adult education specialist Media Works. Several graduation ceremonies for learners using material... 

Platinum giant to build new training centre

7th December 2007 World number one platinum miner Anglo Platinum (Angloplat) has approved a R283-million mine training centre to be constructed on its Twickenham mine property in support of the social and labour plans for its new mining projects. 

Platinum major reduces 2007 production target

7th December 2007 Platinum major Anglo Platinum has announced that, as a result of the reduction in output associated with achieving a significant improvement in employee safety, the ongoing shortage of skilled and semi-skilled labour and strike activity, Anglo Platinum will produce between 2,45-million and... 

Power, automation group wins PPRust order

7th December 2007 Power and automation technology group ABB has won a €17-million order from Anglo Platinum for the PPRust North expansion project, near Mokopane, the company announced last month.  

Acquisition delayed until January

7th December 2007 The proposed acquisition by Mvela Resources of Anglo Platinum's stake in Northam Platinum and the Booysendal project has been delayed, the companies said in a joint statement issued last month.  

CEO appointment still pending

7th December 2007 It may take a further three to six months to appoint a new CEO at mining giant Anglo Platinum (Angloplat), after former CEO Ralph Havenstein quit unexpectedly over safety issues in July this year, a source told Mining Weekly. 

Platinum giant empowers historically disadvantaged South Africans

7th December 2007 Platinum major Anglo Platinum (Angloplat) reported earlier this year that it is fully committed to the Minerals and Petroleum Resources Development Act and the mining charter, as well as to achieving the associated sustainable economic transformation. 

Paardekraal 2 project progressing well

7th December 2007 The engineering, procurement and construction management contractor for the Anglo Platinum (Angloplat) Paardekraal Two Shaft, resources project house TWP, tells Mining Weekly that work is progressing well since project approval was received last year.  

Northam forecasts continuing robust demand for PGMs in 2008

By: Brindaveni Naidoo     7th December 2007 Platinum-miner Northam Platinum forecasts a positive outlook for 2008, saying that demand for platinum-group metals (PGM) is likely to remain robust in the year ahead. 

Anglo Platinum establishes chair in minerals processing at Cape Town varsity

By: Jade Davenport     7th December 2007 JSE-listed mining major Anglo Platinum has further entrenched its’ commitment to building research capacity and the development of skills in South Africa through the establishment of an endowed chair in mineral processing at the University of Cape Town (UCT). 

Eastplats has more than 100m oz PGMs in SA

6th December 2007 Toronto-, London- and Johannesburg-listed Eastern Platinum (Eastplats) on Thursday released revised reserve and resource estimates for its South African properties, totaling more than 100-million ounces of platinum-group metals (PGMs). 

Safety strike hits SA's mine output

By: Christy van der Merwe     4th December 2007 The effect on production of the nationwide safety strike held by the National Union of Mineworkers on Tuesday was felt across mines in South Africa, the world's biggest producer of gold and platinum, with mining companies reporting substantial output losses. 

African Minerals appoints former Afplats boss as CEO

4th December 2007 Minerals and diamond exploration and production company African Minerals has appointed Roy Pitchford, former CEO of African Platinum, as CEO, it said on Tuesday. 

Union gets ready for strike as '07 mine fatalities hit 201

By: Matthew Hill     3rd December 2007 The number of deaths in South Africa's mines this year, at 201 thus far, has topped last year's figure, with just less than one month to go. At the weekend, three more workers were killed at Anglo Platinum's, Xstrata's and Gold Fields' mines, the National Union of... 

BHP strategy man to join SA resources boutique

By: Matthew Hill     30th November 2007 BHP Billiton's strategy and business development vice-president Ken Greve will be leaving the diversified mining group at the end of the year to join boutique South African resources consultancy Allan Hochreiter, he told Mining Weekly Online at the weekend. 

Lonmin’s wage offer does not reflect rampant food inflation – union

By: Matthew Hill     30th November 2007 Labour union Solidarity and platinum producer Lonmin have reached a deadlock in their pay talks, union spokesperson Reint Dykema said, adding that the impasse could not be breached during negotiations that took place on November 29. 

Mototolo mine

30th November 2007 Anglo Platinum (Angloplat) and Xstrata Alloys have formed the Mototolo joint venture (JV) to develop a platinum-group metals (PGMs) mine and concentrator on the eastern limb of the Bushveld Complex in Mpumalanga. 

Miner targets platinum, coal and nickel expansion

30th November 2007 Diversified mining group Xstrata Resources (Xstrata) is targeting the platinum, coal, and nickel sectors in a move to achieve company growth.  

Platinum beneficiation needs to accelerate, says DME as it puts finishing touches to its strategy

By: Christy van der Merwe     30th November 2007 South Africa’s platinum mining industry has been expecting minimum levels for beneficiation to be released by the end of the year, as companies will have to meet these requirements before exporting the balance of their production. 

Everest shutdown costs Aquarius 2 000 PGMs oz

By: Mariaan Webb     29th November 2007 Platinum-miner Aquarius Platinum has lost around 2 000 platinum group-metal (PGM) ounces at its Everest mine, in the Mpumalanga province of South Africa, after a temporary shutdown this week.  

Tharisa, Braemore ink pact to build PGM smelter 

By: Matthew Hill     28th November 2007 Newly formed black-owned Tharisa Minerals, which plans to build a 600 000 t/y ferrochrome project near Rustenburg, has signed a memorandum of understanding (MoU) with Aim-listed Braemore Resources to build a platinum-group metals (PGMs) smelter. 

Platmin plans own smelter, targets 500 000-oz-plus output

By: Matthew Hill     28th November 2007 TSX- and Aim-listed junior Platmin has targeted production of 586 000 oz/y of platinum-group metals (PGMs) by 2012, and is talking to four of the biggest producers about building a smelter at one of their existing smelters' sites, the firm said on Wednesday. 

Xstrata’s new Elandsfontein to deliver first concentrate next week

By: Matthew Hill     28th November 2007 Global mining giant Xstrata's Elandsfontein platinum concentrator is already operating near design capacity, and the company will deliver the first concentrate to the world's biggest producer of the white metal, Anglo Platinum, in the first week of December, an official said on Wednesday. 

Jubilee appoints project manager, BFS contractor for Tjate

By: Creamer Media Reporter      27th November 2007 Junior miner Jubilee Platinum on Tuesday said that it had appointed ex-Anglo American man Mike Marsden as project manager at its flagship Tjate project, positioned near Steelpoort, as well as Bryanston-based Mineral Corporation to carry out a bankable feasibility study (BFS). 

Platinum Australia starts construction at Limpopo mine

By: Matthew Hill     26th November 2007 Mining junior Platinum Australia has begun construction of its first South African project, Smokey Hills, in Limpopo, two weeks after it received a mining right for the project, it said on Monday. 

Lonmin, union to meet with mediator over pay

By: Matthew Hill     26th November 2007 Wage negotiations between platinum-miner Lonmin and its workers that labour union Solidarity represented would continue under mediation on November 29, an official said last week. 

Gold approaches 28-year high, platinum at record

By: Reuters     26th November 2007 Gold jumped to a two-week high on Monday on speculative buying driven by the prospect of further US interest rates cuts, while platinum hit record highs on supply concerns in South Africa -- the world's main producer. Spot gold rose as high as $828,70 an ounce, the highest since November 12,... 

Implats shuts shaft after mine death

By: Matthew Hill     23rd November 2007 Platinum-miner Impala Platinum on Friday said that it had closed its Clapham shaft at its Rustenburg operations for the second time in four weeks after another worker died there. 

High price level no longer the threat it was thought to be

By: Martin Creamer     23rd November 2007 While the platinum industry has traditionally regarded “a running away of the price” as its greatest threat, it has become “very clear” is that demand sectors continue to be “extremely resilient” in spite of record prices, Johnson Matthey GM marketing Jeremy... 

Investment in South African mining showing positive growth, says Chamber economist 

By: Brindaveni Naidoo     23rd November 2007 The mining sector in South Africa has “turned the corner”, with positive growth in investment recorded in 2006 and in the first half of this year, chief economist of the Chamber of Mines Roger Baxter said at the fifteenth bme annual conference on explosives, drilling and blasting... 

Platinum & price threat, uranium production dip, gold project slippage

By: Martin Creamer     23rd November 2007 Not that long ago, platinum-miners feared a platinum price that soared too high, in case platinum users searched for and found substitutes as a response. 

Ruthenium demand expected to rise 4% to 1,34-million ounces

By: Christy van der Merwe     23rd November 2007 Demand for ruthenium is expected to rise by 4,1% to a new peak of 1,34 million ounces in 2007, says Johnson Matthey in its ‘Platinum 2007’ interim report.  

Lonmin reorganises, hopes for consolidation

By: Keith Campbell     23rd November 2007 World number three platinum producer Lonmin hopes that 2008 will be a year of transformation for the company, which has been seeking to overhaul itself, to address the problems it has been suffering from over the past year or so. These problems have been widespread and varied. 

Aquarius resumes mining at Kroondal, mine loses some 4 000 oz

By: Christy van der Merwe     21st November 2007 Mining operations resumed at Aquarius Platinum's Kroondal mine on Tuesday night, after an agreement between the Department of Minerals and Energy, Aquarius Platinum, and union officials had been reached.  

DME probes death at Aquarius' Kroondal mine

By: Matthew Hill     16th November 2007 The central shaft at Aquarius Platinum's Kroondal mine remained shut on Friday, with no indication as yet when it might reopen, after a worker died on Thursday, a spokesperson said late in the afternoon. 

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