Platinum Producers May Combine Wage Talks
Platinum – Bloomberg reported the world’s largest platinum producers are discussing combining wage talks to help curb violent strikes that killed 46 people in the past five weeks.
Articles Tagged "platinum producers"
South Africa Unions, Miners, Companies Have Peace Talks
Platinum – Globe and Mail reported South African officials led a talk between unions and platinum producers after a violent strike at Lonmin's (LSE:LMI) mine left 44 people dead.
Less Than 7 Percent of Lonmin Miners Report For Duty
Platinum – Reuters reported less than 7 percent Lonmin's (LSE:LMI) 28,000-strong South African workforce reported for duty on Thursday while the company met with unions.
Anglo American Platinum Production Down 24%
Platinum – Bloomberg reported Anglo American plc. (LSE:AAL) said platinum output fell 24 percent in the first quarter from a year earlier after it shut a plant for maintenance, with fewer safety stoppages stemming the drop.
Platinum Gains Pushes South Africa’s Stocks Higher
Platinum – Reuters reported platinum rallied for the fifth day giving South African stocks the push they needed to rebound.
Sylvania Platinum to Sell Iron Ore Assets, Refocus on Platinum Group Metas
Platinum – Mining Weekly reported Sylvania Platinum (ASX:SLP,LON:SLP) is moving forward with its plans to dispose of its iron ore assets.
Impala to Rehire Majority of Fired Workers
Platinum – Bloomberg reported Impala Platinum (JSE:IMP) said it is willing to rehire 15,000 or the 17,200 miners who have been on strike for four weeks in an effort to resume production at the Rustenberg mine.
Norilsk Says Platinum May Be Better Investment Than Gold
Platinum – Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) says platinum group metals may be a better investment than gold.
Potential Power Outages Don’t Worry South African Platinum Miners
Uranium – Reuters Africa reported platinum producers in South Africa aren't worried about potential power outages announced by Eskom.
JV Operations More Productive, Says Major Platinum Producer
Platinum – Mining Weekly reported Anglo American Platinum (JSE:AMS) says productivity at its joint venture operations tends to be higher.
