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Platinum Group Metals News

Pelewan may sell 41,75m Anooraq shares to finance BEE warrants

10th December 2007 Platinum junior Anooraq’s controlling shareholder, the Pelawan Trust, may sell up to 41,75-million Anooraq shares to finance black economic-empowerment warrants. 

Double royalties still a worry, but new bill made progress – Chamber

By: Matthew Hill     7th December 2007 While South Africa's Chamber of Mines (CoM) on Friday said that the country's final draft legislation on mining royalties released the previous day had made significant progress, it was concerned that it had not resolved the contentious issue of double royalties. " 

Metorex makes ‘strategic’ entry into platinum with £7,92m Phoenix acquisition

By: Matthew Hill     7th December 2007 JSE-listed diversified miner Metorex has targeted platinum-group metals (PGMs) production in 2009, from a surface asset that it bought for £7,92-million, its CEO said on Friday.  

Mining executives rank among SA's top managers

By: Matthew Hill     7th December 2007 Two South African mining CEOs have ranked in the country's top-six leading managers in a recently published Corporate Research Foundation (CRF) report, with gold major Gold Fields CEO Ian Cockerill topping the list. 

UG2 implementation phase under way at Amandelbult

7th December 2007 Consulting engineering and project management company Read, Swatman & Voigt (RSV) has begun the implementation phase of the East Upper upper group two (UG2) project of platinum major Anglo Platinum's Amandelbult mine. 

Cable company wins platinum mine contract

By: Shannon de Ryhove     7th December 2007 Cable manufacturer Aberdare Cables has been awarded a contract to supply platinum giant Anglo Platinum with its newly launched five-core mining cable, SafeEarth.  

Platinum giant continues expansion programme within booming market

By: Shannon de Ryhove     7th December 2007 World number one platinum producer Anglo Platinum’s (Angloplat’s) interim results report states that it remains confident of continued robust demand for platinum, and is continuing with its expansion programme.  

Local valve company positions itself to meet platinum giant's demands

7th December 2007 Valve manufacturer Dynamic Fluid Control (DFC) mining MD Tony Roberts says that improved lead times on valves across its range, which is the result of an extensive factory upgrade and improved machinery layout, will place it in a strong position to meet future Anglo Platinum (Angloplat)... 

Grinding technology offers an alternative to ball milling

7th December 2007 The IsaMill grinding technology has taken a significant step forward with the successful commissioning of a 3-MW M10 000 IsaMill in a mainstream coarse grinding duty for Anglo Platinum (Angloplat).  

Platinum giant empowers its workers

7th December 2007 As one of the world's largest producers of platinum group metals, it is necessary that Anglo Platinum (Angloplat) has a skilled workforce, yet many of the mineworkers in this country are illiterate.  

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. 

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