South Africa Stocks: Anglo American Platinum Moves
Bloomberg reported the FTSE/JSE Africa All Share Index advanced for a third day on Tuesday.Continue reading...
View ArticleAnglo American Will Sell 51% to Black Zimbabweans
Bloomberg reported Anglo American (LSE:AAL,JSE:AMS) will sell 51 percent of its Zimbabwean operation to black Zimbabweans or a government fund for black businessmen.Continue reading...
View ArticleSouth African Stocks: Anglo American Platinum Advances
Bloomberg reported on unusual trading in South Africa on Friday noting the FTSE/JSE Africa All-Share Index rose for the first time in four days.Continue reading...
View ArticleAnglo American Platinum Plans Cuts
Reuters reported Anglo American Platinum (JSE:AMS) will cut loss-making shafts as producers to cope with depressed platinum prices and a rise in union militancy.Continue reading...
View ArticleUnrest At Platinum Mines Spreads To Amplats
Reuters reported Anglo American Platinum (LSE:AAL,JSE:AMS) said 100 workers had refused to go underground at its Thembelani mine in South Africa, a sign of growing discontent in the platinum...
View ArticlePlatinum Miners Resume Talks with AMCU, South Africa
Reuters reported today that talks are set to continue between platinum producers Anglo American Platinum (JSE:AMS), Impala Platinum (JSE:IMP), Lonmin (LSE:LMI,JSE:LON) and South Africa's AMCU union....
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 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 ArticlePlatinum Price Hits Five-and-a-Half-Year Low — What’s Next?
The precious metal's price fell to a five-and-a-half-year low on Friday, and the platinum-gold spread is at its highest level in almost two years. Still, experts believe there could be brightness ahead...
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