Posted on 02 June 2010
Jubilee and Mintek are pleased to announce the successful completion of the development programme for the ConRoast Smelting Process. In March 2010 the demonstration DC-arc furnace passed the significant milestone of smelting 50 000 tons of material containing platinum group metals (“PGM”) as part of thedevelopment of ConRoast.
Tags: Abiel Mgomuzulu, ConRoast, Jubilee, Mintek, Platinum
Posted on 19 May 2010
Standard Bank, South Africa’s largest warrant trading house, is the first local financial institution to launch platinum warrants to retail investors. Standard Bank will soon be launching commodity warrants on gold and oil.
Retail commodity warrants allow investors to access the global commodity market from South Africa. Warrant holders will have the opportunity to make a [...]
Tags: commodity, Gold, Platinum, Standard Bank
Posted on 26 April 2010
Northam Platinum Limited has a major new shareholder after Mvela Resources announced its disposal of 12.2% of its holding in Northam to the global diversified mining group Eurasian Natural Resources Corporation plc (ENRC).
Tags: Booysendal, ENRC, Glyn Lewis, Northam Platinum, Platinum
Posted on 16 September 2009
With over 1 billion ounces in reserves, South Africa’s platinum mining industry has probably the strongest outlook of any mining sector in the country. Despite the sharp decline in platinum prices since September 2008, the demand for platinum is rising in a range of industrial applications, meaning that global demand will continue to outstrip supply.
New [...]
Tags: Platinum, research
Posted on 25 March 2009
Shareholders of Braemore Resources plc are advised that the Company expects its earnings and headline earnings per share for the six months ended 31 December 2008 to show a 0.56p loss as opposed to the 0.15p loss for the corresponding period to 31 December 2007.
The Company has made significant positive progress on its projects and [...]
Tags: Braemore, PGM, Platinum
Posted on 19 February 2009
Impala Platinum released its financial results for the six months ended 31 December 2008 to the market this morning. The company described the platinum sector as a year of “two halves”. The share traded marginally softer in early trade on Thursday morning.
Key features
Improved safety performance
Significant falls in platinum group metal prices partially offset by a weaker exchange [...]
Tags: Impala Platinum, Implats, Platinum, Rhodium
Posted on 18 February 2009
Jubilee Platinum, the AIM quoted and JSE Limited listed mining exploration and development Company with
a focus on platinum group metals (PGM) in South Africa, is pleased to announce the completion of its 42-
borehole drilling programme including new preliminary and final results from thirteen boreholes drilled on
Jubilee’s Tjate platinum project in the eastern Bushveld Complex in [...]
Tags: Colin Bird, Jubilee, PGM, Platinum, Tjate
Posted on 12 December 2008