Northam CEO says South African platinum miners facing worst crisis in decades
Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet.
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Platinum miners’ underground protest in South Africa goes on
Mining News Pro - Impala Platinum Holdings Ltd. said an underground protest at one of its mines in South Africa is unresolved, with more than 2,000 workers still below surface.
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Top platinum miners declare force majeure after coronavirus lockdown
Mining News Pro - The world’s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.
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Zimbabwe to allow foreign platinum miners control of local operations
Mining News Pro - Zimbabwe will scrap a law that denies foreign platinum mining companies control of their operations in the country, the mines minister said on Thursday.
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Zimbabwe platinum miners plan base metal refinery, Minister says
Mining News Pro - Platinum miners in Zimbabwe plan to jointly develop a base-metal refinery in the country, Mines Minister Winston Chitando said.
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2 500 job cuts weren’t enough for world’s no. 2 platinum miner
Mining News Pro - JOHANNESBURG – Impala Platinum Holdings is facing some tough choices as the South African miner works to stem losses at aging shafts amid slumping prices for the metal.
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