Following the results of the metallurgical testwork in May, the company plans to work up the project mine plan and economics and then embark upon a PFS in the second half of 2018. Being able to produce split concentrates would bring copper-rich zones into the mine plan that wouldn't otherwise make the
But as a non-executive director at platinum mining house Lonmin, he infamously called for "concomitant action" against strikers at Marikana in 2012, days before 34 miners were shot dead by police. Even though an inquiry into the massacre cleared him of responsibility, the incident is a major scar in his
This has been, and will continue to be, a complicated and time-consuming process, he said. Involving four platinum mines, the local development thrust of the project now addresses beneficiaries defined as anyone within a defined area encompassing the mine neighborhood - including even those groups
Sibanye, which will vault into second place of global platinum producers once it has completed the all-share takeover of Lonmin, the world number three platinum miner, has stretched its balance sheet to the maximum, loading it with debt to fund the $2.2bn cash purchase of the US's Stillwater Mining,
Platinum supply will be constrained by a lack of capital investment as a result of muted prices for the metal and pressure on profits from a strong rand, according to the heads of some of the world's largest producers, who appeared on a panel together. There's no incentive for expansions or new output and
ZIMBABWE will not lift the 51% local ownership requirement - known as indigenization - for the country's platinum mines, according to the country's newly appointed mines minister, Winston Chitando. He was speaking to Miningmx in an interview at a 'Zimbabwe mining dialogue' function held in Cape
(EDDY), Sudbury Platinum Corporation (SPC) that will result in a reverse
04, 2019 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (PTM:TSX;
Rhodium, another byproduct of platinum mining that's used in cars and the chemical sector, has climbed fourfold since July 2016. Smaller
In 2018, Zimbabwe changed its empowerment law to limit majority ownership by state entities to only diamond and platinum mines, as opposed
Top 10 ways to re-energize South Africa's mining industry?>>?
JOHANNESBURG - Impala Platinum (Implats) on Monday surged nearly
This is good news for South African platinum mines as "the rally in palladium is partially offsetting the slump in platinum prices to near a decade
Global Platinum Mining Market has been performing in a highly competitive business environment and expected to deeply influence its peer
Mines in South Africa, which has the world's biggest reserves of platinum and chrome, are seen as a benefit by only 13 percent of people who
`Let's Talk,' Ramaphosa Tells Producers: Africa Mining Update
File Photo: A haul truck is seen at the Mogalakwena platinum mine in Mokopane, Limpopo province, South Africa. REUTERS/Siphiwe Sibeko. That needs to be resolved first and unfortunately, it is very much in the limelight now. And unless we have clarity on that, to just make lovely promises at the Indaba
Jihlava, South Moravia, Feb 3 (CTK) - Experts from the Jihlava-based GEOMIN firm examined the gold and platinum mining's impact in western Colombia last year as a step to help Czech firms offer better technologies for the mining which is unfriendly to nature, ineffective and often illegal, GEOMIN's Jiri
The programme is aimed at improving mining practices and procedures particularly for established platinum and gold mines, already
A new neighbour has sidled up next to the developer of a potential open-pit mine near Sudbury. Spearmint Resources announced it has