R/€ = 16.99 Change: 0.09
R/$ = 16.68 Change: 0.10
Au 1778.04 $/oz Change: -12.14
Pt 934.50 $/oz Change: -5.00

Platinum Group Metals News

Substation to be built for smelter

22nd June 2001 Switchgear and electrical distribution specialist Reyrolle has won a R2-million order for the design, manufacture, supply, installation and commissioning of an 11 kV, 40 kA 3150 Amp substation for Anglo Platinum 

New leaching process for PGMs

22nd June 2001 Research company Lakefield Research has developed the Platsol pressure leaching process for platinum-group metal feedstocks. 

Firm supplies 22 rigs to platinum-mine

22nd June 2001 South African mining equipment specialist HPE has sold 22 rigs to Northam Platinum in Thabazimbi, in the Northern Province  

More platinum for firm

22nd June 2001 Newly-acquired Lightnin Africa is making inroads into the platinum-mining market with a locally-designed and manufactured range of products. 

Record delivery of flotation tanks

22nd June 2001 A bank of flotation tanks have been supplied to Messina Platinum 

Continuous improvement at regrind circuit project

By: Deborah Spicer     22nd June 2001 Plant operator Minopex has been involved in giving operation perspective input into Kroondal platinum-mine 

Platinum's number four approves R132m capex

By: Deborah Spicer     22nd June 2001 Fourth-largest platinum producer in Southern Africa Northam Platinum has been able to increase its rate of underground development due to favourable finances brought on by a high platinum price. 

Pumpable explosives for underground

By: Deborah Spicer     22nd June 2001 In response to twenty-first century mining needs, Sasol SMX has developed a pumpable explosive product and delivery system for underground development ends and similar applications. 

Platinum production down 6% in 2000

By: Deborah Spicer     22nd June 2001 Statistics from South Africa's platinum-mines have been analysed by the Department of Minerals and Energy (DME) and have shown that platinum production in the country decreased by 6% last year. 

PGM giant's 1,5-million ounce expansion programme under way

By: Deborah Spicer     22nd June 2001 The world's largest platinum producer, Anglo Platinum, has announced most of its 1,5-million-ounce expansion programme that will see it produce 3,5-million oz/y by 2006. 

Aussie mine project is almost finished

By: Deborah Spicer     22nd June 2001 The Australian company Aquarius, that has been described as 'an owner and not a runner', is intent on ensuring that it gets the most out of its investments. 

Mine redevelopment under way

By: Deborah Spicer     22nd June 2001 The Messina Platinum project, 250 km north of Johannesburg in the Northern Province, is being redeveloped by Canadian firm SouthernEra, which owns a 70% share in the project. 

German precision used at new shaft

By: Deborah Spicer     22nd June 2001 The 1 100 m ventilation shaft at Impala Platinum's new 1B Shaft near Rustenburg, in the North West Province, is being drilled by Rucbor's latest German-built rotary vertical drilling system (RVDS). 

Contract for transfer chutes awarded

By: Deborah Spicer     22nd June 2001 East Rand firm M&J Engineering has won a contract to supply all the transfer chutes for overland and plant applications at Maandagshoek platinum-mine, on the Northern Province-Mpumalanga border. 

World number two charging ahead to 10% growth a year

By: Deborah Spicer     22nd June 2001 Announcements this month that the world's second-largest platinum producer, Impala Platinum, has acquired a stake in Dwarsrivier in Mpumalanga have once again shown the company's commitment to grow its branded product output by 10% a year. 

Platinum producer to clean up its act

By: Zonika Botha     22nd June 2001 Already a comparatively low emitter of sulphur into the atmosphere because of its predominant Upper Group Two (UG2) reef, Lonmin Platinum is now taking steps to clean up its act even further. 

Furnace completed for platinum-mine

By: Deborah Spicer     22nd June 2001 The settling of the accounts for furnace number one at Lonmin's Western Platinum mine will have quantity surveying company McLachlan du Plooy Gauteng busy until the start of the new year, reports quantity surveyor Chris De Beer. 

The men who run Platinum Inc

By: Deborah Spicer     22nd June 2001 Platinum CEOs Barry Davison, John Smithies - soon to be succeeded by Keith Rumble - Ed Haslam, Ian Watson, Dave Evans and Patrick Evans are leading South Africa's R20-billion platinum rush, which has already resulted in platinum revenue overtaking that of gold. 

Grade improvement at Messina

By: Zonika Botha     22nd June 2001 A bulk underground grade sample taken from the Upper Group Two (UG2) and Merensky platinum reefs has shown a 9% grade increase, SouthernEra Chairperson Dr Christopher Jennings tells Mining Weekly. 

Safe working surface for new scrubber plant

15th June 2001 Extensive use is being made of StonCor Africa products in the construction of a new scrubbing plant at Lonmin’s Western Platinum refinery, on the East Rand. 

Poised to be platinum’s No 5

By: Zonika Botha     14th June 2001 Five companies have expressed interest in partnering SouthernEra in its development of the Messina Platinum mine. 

Junior scours Potgietersrus for PGMs, gems

14th June 2001 A Canadian mining company, Caledonia Mining, and Sutherland Services, of the British Virgin Islands, have signed an agreement whereby Caledonia has the option to acquire 50% of Sutherland's interests in the Pruissen and Vier-En-Twintig Rivier properties near Potgietersrus in the Northern... 

New COO something of a coup

14th June 2001 The acquisition of experienced mining executive Mike Eksteen,53, is something of a coup for SouthernEra, the Canadian-listed group headed by South African Dr Chris Jennings. 

North American firm eyes SA PGMs

7th June 2001 North American-based firm Anooraq Resources Corporation has announced that Anooraq has agreed to accelerate the buy-out of 100% of the balance of its South African subsidiary Plateau Resources from Pinnacle Resources, Plateau's other principal shareholder. 

Rumble in platinum jungle

6th June 2001 The board of Impala Platinum Holdings (Implats) has announced the appointment of Keith Rumble as CEO and MD of Implats. 

Final okay for Pandora platinum project awaited

By: System Author     1st June 2001 The world's largest platinum producer and the world's third-largest producer are finalising various issues relating to the R1,42-billion Pandora joint venture near Brits. 

Platinum industry slogan: It’s the market, stupid!

By: System Author     1st December 2000 The industry has shown itself to be a competent marketer, putting to shame a number of other mineral businesses which have focused almost exclusively on production, leaving the market to the elements. 

Platinum miner plans to beat Zimbabwe blues

By: System Author     1st December 2000 $47m, 15-year expansion on cards at Hartley Complex 

SA jewellery sector must consolidate

By: System Author     1st December 2000 The fragmentation of the South African jewellery industry remains the single biggest hurdle in the development of the country’s platinum jewellery sector. 

Largest platinum producer continues its domination

By: System Author     1st December 2000 Top platinum projects 

Messina project on track

By: System Author     1st December 2000 Platinum 

Zim set for a platinum revival

By: System Author     1st December 2000 Top platinum projects 

R45m materials-handling contract awarded

By: System Author     1st December 2000 Platinum 

Mothballed mine to reopen at initial cost of R200-million

By: System Author     1st December 2000 Platinum 

Better gases safety proposed

By: System Author     17th November 2000 Flammable gases are a common and expected hazard in coal-mining, but not always associated with hard-rock mining. 

Meet the new ‘CEO’ of Bafokeng inc

By: System Author     17th November 2000 Bafokeng will diversify income, says new ‘CEO’ 

Rock engineering taking most safety funds

By: System Author     17th November 2000 Some 60% to 70% of Safety in Mines Research Advisory Committee funds are allocated towards research in rock engineering. 

Decision on nickel-mine expansion next year

By: System Author     3rd November 2000 A decision on whether to proceed with the proposed expansion at Nkomati nickel-mine between Machadodorp, Waterval-Boven and Badplaas, in Mpumalanga, is expected to be taken by the end of this year, or early 2001. 

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