Platinum – Mining Weekly reported that banking group Nedbank said the mining sector in South Africa is still suffering from the devastating effects of the labor unrest, as stagnant platinum output continues to affect the country’s mining production growth.
Articles Tagged "platinum output"
Platinum – Bloomberg reported Anglo American Plc (LSE:AAL) cut its platinum output forecast after strikes in South Africa and says it will overspend again on its Minas-Rio iron ore project.
Platinum – Mining Weekly reported platinum producers saw a decrease in production, but are making plans to increase output in the next six months.
Platinum – Mining Weekly reported Royal Bafokeng Platinum (FWB:7BF) said platinum output fell drastically in the first quarter due to 54 safety stoppages.
Platinum – CNBC reported precious metals were mixed on Tuesday with spot palladium dropping on news output is expected to decline one percent in 2012.
Platinum – Reuters Africa reported Impala Platinum (JSE:IMP) said first-quarter gross platinum production declined by 12 percent to 388,000 ounces.