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:
Extremely strong demand for platinum bar and coin
Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers
And, Mine achieves massive earnings boost after employing four more people
Extremely strong demand for platinum bar and coin is being seen around the world, particularly in the US, along with growth in demand for platinum exchange traded funds, mainly out of North America and Europe.
WPIC Research Head Trevor Raymond:
More than 14 000 South Africans now own shares in the discovery and development mining company Orion Minerals, which is reflective of retail investment that can be stimulated in South Africa to support essential local minerals exploration.
Orion Minerals CEO Errol Smart:
Guided by a value driver tree study, an opencast mine increased its earnings massively after employing four additional operators at comparatively negligible cost.
SAIMM technical programme committee chairperson Gary Lane:
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