Mining company fires 13,000 after strike

Mining company fires 13,000 after strike. South African mining company Impala Platinum, the world's number-two producer, said it fired 13,000 workers after they staged an illegal strike for better ...

Mining technology firm creates new system to process platinum

The mineral processing plant manufacturer Appropriate Process Technologies (APT) is currently changing its strategy to target platinum miners, in Zimbabwe. The company is designing a new modular platinum gravity recovery system that can be used to process primary ores. The firm's chief executive, Kevin Peacocke, …

Anglo American Platinum announces 15% job …

In a move that has sent ripples across the mining sector and South Africa's economy, Anglo American Platinum, one of the world's leading platinum producers, has announced it will be cutting 3 700 jobs. …

World's ten largest platinum mines in 2020

Owned by Impala Platinum Holdings, the greenfield mine produced an estimated 209.172 thousand ounces of platinum in 2020. The mine will operate until 2027. 9. Bimha Mine. Owned by Impala Platinum Holdings, the Bimha Mine is an underground mine situated in Mashonaland West, Zimbabwe. The greenfield mine produced an …

Wildfires force miners in Quebec and Labrador to …

Mining companies operating in Canada's Quebec province continue on Tuesday to evacuate employees and halt exploration work as at least 164 forest fires tear through the province and Labrador ...

News updates from September 10: Harris and …

The mining group said on Tuesday that it would sell 13mn shares in Anglo American Platinum, worth about $414mn at Tuesday's closing price, as a precursor to demerging the remainder of its 79 per ...

3 Platinum Stocks to Consider in 2024 | The Motley Fool

1. Anglo American Platinum. Anglo American Platinum is part of the Anglo American PLC (NGLOY-0.6%) mining conglomerate.The platinum subsidiary is separately listed, although it's majority-owned by ...

Sibanye: Platinum job cuts nearly halved, but more than 2 …

Sibanye-Stillwater said on Friday that consultations at its SA platinum group metal over job cuts have concluded with about half of the initial about 4 100 jobs …

Zimbabwe's 2024 Mining Outlook

In a trading update in November 2023, the CEO of Impala Platinum (Implats) announced plans to reduce spending across all operations, including scaling back a planned investment of US$1.8 billion in Zimbabwe's largest platinum mine, Zimplats. This implies the significant challenges mining companies are facing and Zimbabwe, is …

Russia's Udokan Copper assesses damage after fire

A fire at the operations of Russian miner Udokan Copper on Dec. 30 damaged part of the plant in Russia's far east but left copper concentrate production unaffected, the company told Reuters ...

Chinese mining firm files judicial review against Ottawa

The law firm representing Jinteng and Canada's industry minister's office did not respond to email queries. Section 18.1 under Canadian law provides a legal recourse for any party affected by a ...

Anglo American: Troubled firm behind Yorkshire's …

Anglo American, the struggling mining giant behind Yorkshire's Woodsmith fertiliser mine project, has announced that it has raised around £307m after selling just over five per cent of its ...

Sibanye: Platinum job cuts nearly halved, but more than 2 …

Sibanye-Stillwater said on Friday that consultations at its SA platinum group metal over job cuts have concluded with about half of the initial about 4 100 jobs that were at risk being lost. ... duncan wanblad neal froneman johannesburg south africa commodity markets mining job losses platinum group metals trading coal mining. heading ...

Fires hit two key copper projects in Peru amid protests

Both projects hit by fires on Tuesday are located in Peru's Apurimac region, whose economy is heavily dependent on mining. A government source confirmed the fire at Los Chancas, a $2.6 billion ...

4 years late, $6bn over budget Sino Iron fires up …

China's Citic Pacific's $8 billion magnetite mine in Australia has finally gone into production. 4 years late, $6bn over budget Sino Iron fires up one 4mtpa line - MINING

Champion Iron halts operational activities at Bloom Lake

The life-of-mine average iron metallurgical recovery is 82%, with a plant feed grade of 28.6% iron and an average yearly production of 15.2 million wet metric tonnes of high-purity 66.2% iron ore ...

Anglo American's platinum mining firm to cut 3,700 jobs …

Anglo American's Platinum mining arm AmPlats has reported a huge profit crash that will likely result in thousands of job cuts. In its 2023 results today, the platinum metal firm said falling ...

THE WORLD; Platinum Mine Fires 20,000 In South Africa

A version of this article appears in print on, Section 4, Page 2 of the National edition with the headline: THE WORLD; Platinum Mine Fires 20,000 In South Africa.

Nickel 28 fires founders on 'serious misconduct' …

Nickel 28 Capital Corp. said it has fired its founders, including chief executive officer Anthony Milewski, after an investigation uncovered "serious misconduct" — claims the ousted management...

Sibanye-Stillwater CEO says firm prepared to mothball US mine

SIBANYE-Stillwater CEO Neal Froneman said the company was prepared to put its Stillwater mine in the US on care and maintenance as palladium prices continued to languish. "The future of Stillwater remains in the balance. It's as simple as that. If there is no correction in price, as strategic as it (the mine) is, we will have to put it on care and …

Amplats plunges as Anglo American dumps shares

Anglo American Platinum fell after Anglo American sold discounted shares in the South African firm as the parent company began to reduce its controlling stake …

Anglo American's platinum mining firm to cut 3,700 jobs …

Anglo American's Platinum mining arm AmPlats has reported a huge profit crash that will likely result in thousands of job cuts.

Top Ten operating mines in Zimbabwe 2019

The mining firm has been consistent in posting positive results and its role in economic development is unquestionable. The platinum miner's total payments to Government in direct and indirect taxes has been sitting at $17 million in the quarter to March 2018. 3. Unki Unki Platinum Mine, Zvishavane Zimbabwe

Anglo American starts cutting stake in Amplats with share sale

Click Here. Anglo American offered to sell about 13-million shares in Anglo American Platinum (Amplats) in a move aimed at increasing the South African firm's free float ahead of a full exit ...

Mining firm fires 12,000 SA workers – The Irish Times

The world's largest platinum producer today fired 12,000 workers taking part in a three-week unofficial strike after following through on tough talk over wildcat …

SA group to spend R7 billion on building Zimbabwe platinum mine

South Africa's Tharisa plans to spend $391 million on developing a 194,000 ounce per year platinum group metal (PGM) mine in Zimbabwe, chief executive Phoevos Pouroulis said on Wednesday. ... Karo Mining Holdings managing director Bernard Pryor said the company was in talks with renewable energy firm Total Eren for the …

Sutter Gold Mining fires one-third of staff at Lincoln mine …

RMB Australia Holdings, the equity investment firm financing Sutter Gold's (TSXV:SGM) Linco ln Mine Project in California, has requested the miner cut costs if it wishes to receive further ...

Nickel 28 fires founders on 'serious misconduct' that they deny

Nickel 28 Capital said it has fired its founders, including CEO Anthony Milewski, after an investigation uncovered "serious misconduct" — claims the ousted management team says are untrue ...

Anglo American's platinum mining firm to cut 3,700 jobs …

The firm's redundancies are likely to predominantly cover its South African operations. Anglo American's Platinum mining arm AmPlats has reported a huge profit crash that will likely result in ...

Why platinum prices continue to lose luster despite tight …

Platinum prices fell last year and are trading lower this year, threatening the profitability for miners of the metal despite persistently tight supplies. Against that …

Platinum Mining

The global platinum mining industry is significant, with South Africa alone accounting for over 70% of the world's platinum production. Notable companies involved in platinum mining include Anglo American Platinum, Impala Platinum, and Norilsk Nickel. Top Continents by Platinum Deposits

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Global mining giant Anglo American has halted operations at its Grosvenor steelmaking coal mine in Queensland after an underground coal gas ignition over the weekend, prompting immediate ...

Area covered by mining claims in Ontario's 'Ring of Fire' …

Juno Corp., a privately owned mining company based out of Toronto, is the largest claim holder in the Ring of Fire with more than 17,000 mining claims as of September 2023.