WPIC Releases Stats on Aboveground Platinum Stockpiles
The amount of platinum stockpiled aboveground isn't usually discussed. However, the World Platinum Investment Council lays out the numbers in its inaugural quarterly platinum report. Here's why...
View ArticleAmplats Receives $385-million Offer for Bokoni Mine Stake
Anglo American Platinum Ltd. (JSE:AMS) has received a $385-million offer for its 49-percent stake in the Bokoni mine in Northeast South Africa.Continue reading...
View ArticlePlatinum Outlook 2015: A Brighter New Year
2014 has been a lackluster year for platinum, but some analysts are expecting prices to pick up in 2015.Continue reading...
View ArticleBaroka Platinum Offers $263 Million for Amplats’ Bokoni Stake
Reuters reported that Baroka Platinum has offered to buy Anglo American Platinum Ltd's (OTCMKTS:AGPPY) stake in the Bokoni mine for $263 million. Baroka Platinum is part of the Baroka Tribal Mining...
View ArticleCommunity Requests Anglo Platinum for 30% Mine-stake
Mineweb reported that a community near South African mines operated by Anglo American Platinum has asked the firm for 30% of Union and three Rustenburg operations.Continue reading...
View ArticleAmplats Starts Trials of Emulsion Explosives Technology
Mineweb reported that Anglo American Platinum (LSE:AAL) has commenced with the trials of a new underground blasting technique to enhance safety as well as productivity.Continue reading...
View ArticleAnglo American Hopes to Incubate Platinum Demand By Supporting Fuel Cell...
Anglo American Platinum (LSE:AAL) is hoping to encourage platinum demand by helping to set up production of fuel cell based products in South Africa, Bloomberg reported. Platinum is used as a catalyst...
View ArticleAmplats Considers Floating South African Mines
Reuters reported that Anglo American Platinum (OTCMKTS:AGPPY) may float its South African mines instead of selling them because it had receive offers that were too low.Continue reading...
View ArticlePlatinum Price Drops to Six-year Low
Platinum made headlines on Monday as its price fell to a six-year low. According to the The Wall Street Journal, platinum for July delivery fell 0.8 percent, to $1,088.60 per troy ounce, on the New...
View ArticleAmplats Axes over 400 jobs at Rustenburg Platinum Mines
Anglo American Platinum (OTCMKTS:AGPPY) announced its plans to cut over four hundred jobs at its Rustenburg Platinum Mines unit as a continuation of the company’s value-driven strategy in response to...
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