Deutsche Bank AG Says Anglo American Platinum May Sell Mines
Bloomberg reported yesterday that South African platinum miner Anglo American Platinum (LSE:AAL) could sell its mines next year, and that the sale could increase the company's stock price, according to...
View ArticleProducers Plan Further Talks Following Additional Wage Demands
Bloomberg reported that major PGM producers Anglo American Platinum (LSE:AAL), Impala Platinum (JSE:IMP) and Lonmin (LSE:LMI) are looking to meet with South Africa's Association of Mineworkers and...
View ArticleAnglo American Sells Stake in Russian Projects to Eurasia Mining
Eurasia Mining said Friday that it has entered into an agreement to buy Anglo American Platinum out of a joint venture project in Russia.Continue reading...
View ArticleSouth African Platinum Strike “Officially Over”
Major miners Amplats, Implats and Lonmin agreed to many of the AMCU's demands.Continue reading...
View ArticleSouth Africa Miners Return to Work
Reuters reported that workers at South African platinum mines owned by Anglo American Platinum (LSE:AAL), Impala Platinum (JSE:IMP) and Lonmin (LSE:LMI) cheered as they returned to work this week...
View ArticleSibanye Gold to Move in on Platinum Projects
The Financial Times reported that Sibanye Gold (NYSE:SBGL) will move ahead with its plans to get into South Africa's platinum sector by the end of 2014. The miner will likely target mines owned by...
View ArticlePalladium Soars to Fresh 13-year High; Could Hit $1,000 Before Year End
Palladium has had quite a run so far in 2014. That trend continued last week when the white metal hit a new 13-year high on increased sanctions on Russia and a decrease in output from South...
View ArticleNortham Platinum Wants to Buy South African Mines
Reuters reported that South Africa's Northam Platinum (JSE:NHM) wants to buy up South African platinum mines despite recording full year losses due to protracted strikes earlier this year. According to...
View ArticleStruggle Not Over Yet for Lonmin, Impala Platinum, AngloPlats, Analysts Say
An article from Mineweb suggested that South African focused platinum producers Anglo American Platinum (LSE:AAL), Impala Platinum (JSE:IMP) and Lonmin (LSE:LMI) are not out of the woods yet in terms...
View ArticleFuture of Platinum Uncertain, Analysts Say
In an article for the Mail and Guardian, Lisa Steyn notes varying opinions from mining companies and analysts as to the future of the platinum market.Continue reading...
View ArticleSale of Anglo American Mines Could be a Boon for Platinum Prices
Bloomberg reported that plans by Anglo American Platinum (JSE:AMS) to sell its mines in South Africa could give platinum prices a hand, as analysts are predicting that new owners could operate the...
View ArticleWPIC 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...
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