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Platinum Group Metals News

Accreditation as learning provider

By: Martin Creamer     31st January 2003 Platinum miner Lonmin has become the first South African mining company whose education, training and development (ETD) programme has been accredited by the Mining Qualifications Authority (MQA), Mining Weekly can today report. 

A thousand houses built near operations

By: Marius Roodt     31st January 2003 To create a stable and habitable environment for employees and the community, South Africa’s third-largest platinum company has completed the building of 1 166 houses at Marikana. and is in the process of completing 294 more. 

Platinum company creating agricultural entrepreneurs

By: Marius Roodt     31st January 2003 South Africa’s third-largest platinum miner has initiated an agricultural project to foster sustainable development and entrepreneurship in the North West Province, where its mines are concentrated. 

Two large vertical shafts’ commissioning in 2006

31st January 2003 Two large vertical shafts being sunk at Lonmin Platinum in Rustenburg will be commissioned in 2006, Mining Weekly can today report. 

Two concentrator plants in one go

By: Martin Creamer     31st January 2003 Two concentrator plants have been built simultaneously at Lonmin Platinum to take full advantage of opencast opportunities at the company’s Rustenburg operations. 

Platinum price-spike fears resurface

By: Martin Zhuwakinyu     31st January 2003 Predictions that a platinum-price spike is likely to occur this year, first made in November, have been reiterated by a senior official at Johnson Matthey, a London-based firm which keeps tabs on developments in the platinum-group metals (PGM) industry worldwide. 

11 deaths a ‘great disappointment’ for PGM miner

31st January 2003 The deaths of 11 employees last year, five more than the six of 2001, have been a great disappointment, Lonmin Platinum executive director mines Stompie Shiels laments. 

EPMR Capacity Increase

31st January 2003 Name of the project and location Capacity increase of the Enhanced Platinum Metals Refinery (EPMR) at Impala Platinum Limited Refineries, near Springs in Gauteng. Project description Impala Platinum Limited Refineries has embarked on a development project to increase production of the EPMR from... 

Union-Implats resolve funeral row

30th January 2003 South African mine union members said yesterday they had resolved a row with world number two platinum producer Impala Platinum after they struck a deal over funeral benefits, putting off the threat of a strike. 

Impala requests exemption form new refinery EIA

By: Martin Czernowalow     29th January 2003 The world’s second-largest platinum producer, Impala Platinum, has applied for an exemption from the environmental impact assessment (EIA) process for the proposed debottlenecking of its Base Metal Refinery (BMR) in Springs. 

Dramatic surge of interest in revived platinum play

By: Taryn Leicher     24th January 2003 The dramatic progress made in the last 12 months by the Canadian-listed South African-operated diamond-platinum company SouthernEra Resources is reflected in the number of high profile analysts who are now researching its every move. 

Messina’s steeply-dipping reef proves to be a double bonus

By: Taryn Leicher     24th January 2003 The steeply-dipping reef at Messina Platinum is a double bonus for SouthernEra in that it offers two important advantages, Mining Weekly can today report. 

Eastern limb developments keep shaft sinker busy

24th January 2003 Shaft sinkers, Cementation Mining Skanska, is working on several new contracts with particular emphasis on the new developments on the eastern limb of the Bushveld Complex, which many experts are dubbing the new Rustenburg of the mining industry. 

EC approves supplier-of-choice strategy

By: Zonika Botha     24th January 2003 Diamond giant De Beers’ Diamond Trading Corporation (DTC) subsidiary has been given the green light by the European Commission (EC) to proceed with its ‘supplier of choice’ initiative. 

Lonmin costs to rise on furnace woes

24th January 2003 The world's third-biggest listed platinum miner, Lonmin, said on Friday that its metal output would fall and costs rise after an explosion damaged its Western Platinum smelter in South Africa last month. 

Work intensifies on gold-loan scheme

By: Deborah Spicer     24th January 2003 Of the projects which were outlined in the R1,5-million Kaiser report on methods to enhance the South Africa’s jewellery sector, materials-financing and export-promotion stand out as having gathered the most momentum since Adrian du Plessis was appointed to head the Jewellery... 

Minister praises 'enviable' record

By: Taryn Leicher     24th January 2003 The controlling shareholder of Messina Platinum, SouthernEra, has established an enviable record for mine development in South Africa, states Deputy Minister of Minerals and Energy Susan Shabangu. 

Gold, platinum rise strongly

23rd January 2003 Gold fired to its highest price in nearly six years yesterday, as fears of a war in Iraq sent investors scurrying for a safe haven for their money. 

Ultra-low machines to mine platinum stopes

By: Martin Creamer     20th January 2003 A big test is on. It involves the use of ultra-low drillrigs and load-haul-dumpers in platinum stopes – and optimism is high that a new era of mechanised stoping is not far off. 

Three ULP machines arrive in SA

By: Zonika Botha     20th January 2003 Three new ultra low-profile (ULP) machines that are poised to revolutionalise the mining of South Africa’s narrow-vein stopes have arrived in South Africa. 

Ultra-low machines to mine platinum stopes

By: Martin Creamer     17th January 2003 A big test is on. It involves the use of ultra-low drillrigs and load-haul-dumpers in platinum stopes – and optimism is high that a new era of mechanised stoping is not far off. 

Big auto opportunities for platinum, aluminium

By: Keith Campbell     17th January 2003 SOUTH Africa’s aluminium and platinum industries have real opportunities in the global automotive market. 

Safety, market development are key challenges for platinum sector

By: Keith Campbell     17th January 2003 The greatest challenges facing the South African platinum-group metals (PGM) mining sector this coming year can be summed up as safety and market development, Anglo Platinum (Angloplats) Chairman Barry Davison tells Mining Weekly. 

Three ULP machines arrive in SA

By: Zonika Botha     17th January 2003 Three new ultra low-profile (ULP) machines that are poised to revolutionalise the mining of South Africa’s narrow-vein stopes have arrived in South Africa. 

Platinum empowerment deal signed

By: Martin Czernowalow     17th January 2003 South African Two Rivers Platinum announced today that it had signed a memorandum of understanding to sell 25% of the company to a black economic empowerment (BEE) consortium, following a year’s discussions. 

New South African titanium smelter hits a snag

By: Zonika Botha     17th January 2003 South Africa’s Kumba Resources said earlier this month that commissioning of a new furnace at its slag smelter in Kwazulu-Natal would now take place only in March, three months later than its latest forecasts. 

Impala plans R200m project to boost its refining capacity

By: Martin Zhuwakinyu     17th January 2003 World number-two platinum-groups metals producer Impala Platinum Holdings (Implats) plans to spend about R200-million over the next two years or so at its refinery at Springs, on the East Rand, in a development aimed at increasing capacity from 1,5-million ounces of platinum a year to two million... 

Implats studies refinery expansion plan

By: Martin Czernowalow     14th January 2003 South African platinum producer, Impala Platinum (Implats) is launching a pre-feasibility study for a proposed increase in refining capacity of the Enhanced Platinum Metals refinery (EPMR), near Springs in Gauteng. 

Platinum miner, union to meet over funeral row

14th January 2003 The world's second largest platinum miner Impala Platinum will meet South African union members today in a bid to avert industrial action over a funeral benefits row, a company spokesperson said yesterday. 

Good results from Rietfontein drill

9th January 2003 Canadian PGM miner, Anooraq Resources, has announced another set of good assay results from core drilling on its Rietfontein property, 275 km north of Johannesburg, South Africa. 

Implats moves to raise US profile

By: Martin Czernowalow     8th January 2003 The world’s second-largest platinum producer, Impala Platinum Holdings Limited (Implats), yesterday announced the initiation of a sponsored Level I American Depositary Receipt (ADR) programme through which it hopes to grow its exposure in the US. 

Lonmin output to be hit by smelter accident

8th January 2003 Platinum miner, Lonmin, said yesterday an accident at a furnace at its Western Platinum smelter in South Africa had disrupted production at the plant. 

Platinum smelter furnace installation completed

By: vanessa vasques     13th December 2002 The installation of the electrode columns and copper bustube system for a Hatch six-in-line furnace at the Polokwane platinum smelter, owned by Anglo Platinum, is complete. 

Civil works nearing completion

By: vanessa vasques     13th December 2002 The bulk of the civil and construction work at the Polokwane platinum smelter in the Limpopo Province has been completed with only a few portions still remaining. 

Flash dryers commissioned at the Polokwane smelter

By: vanessa vasques     13th December 2002 Two flash dryers, each with the capacity to process around 70 t/hr of bone dry concentrate, have been installed at Anglo Platinum’s (AngloPlat’s) Polokwane platinum smelter in the Limpopo Province. 

Contract miner clinches R660m contract

By: Helene Le Roux     13th December 2002 Johannesburg-based Cementation Mining Skanska has been awarded the R660-million mining contract for Impala Platinum Holdings Limited (Implats’) Marula Platinum project. 

First phase 25% complete

By: Helene Le Roux     13th December 2002 The first phase of the Marula platinum project, a greenfields development in the Limpopo province which has the potential to produce 400 000 oz of platinum a year, is about 25% complete. 

Marula to produce 400 000 oz a year

By: Helene Le Roux     13th December 2002 Few African trees are held in such high esteem by indigenous peoples as the Marula, which has a multitude of uses. 

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