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Eastern Platinum posts loss in Q3

Falling metals prices dropped Eastern Platinum Ltd. to a Q3 loss of $10.6 million from a year-earlier loss of $1.4 million. For full story, click here For company’s website, click hereContinue reading...

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4 000 Lonmin workers may be retrenched

 Up to 4 000 employees at Lonmin’s South African operations may loose their jobs. For full story, click hereContinue reading...

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Gold exceeds platinum in value

Platinum has shed 45 per cent of its value in just nine months. Last Friday the spot price of platinum hit a low of $812.75 per oz. Now, for this first time in 12 years gold has surpassed platinum in...

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Aquarius Platinum sees H1 loss of $75-$85 mln

South African-focused Aquarius Platinum Ltd expects a first-half, after-tax loss of $75 million to $85 million due to weak metals prices, it said. For full story, click hereContinue reading...

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Platinum Group Metals reported that Q2 net loss has widened

Platinum Group Metals Ltd. declared a net loss for the second quarter of C$3.766 million or C$0.06 per share, compared to a loss of C$2.35 million or C$0.04 per share in the year-ago quarter. Net...

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