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.
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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 [...]

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 [...]

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 [...]

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