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MARIKANA MINES
Brent crude oil stays flat near four-day highThe volume of all futures traded was 76% above the 100-day average. Prices gained $1.52, or 1.4%, to $111.61 on Tuesday.
07 Mar, 2013, 04.00 AM IST
Platinum supply drops to 13 year low as mines closeDemand from carmakers, the biggest consumer of the metal, will increase 0.5% in 2013, Barclays says. Investors are buying platinum at the f...
06 Feb, 2013, 08.54 AM IST
Platinum holdings poised for record on mining disruptionPlatinum assets in exchange-traded products (ETP) are poised to climb to a record as worsening labour unrest in South Africa, the world's l...
13 Sep, 2012, 03.30 AM IST
- South Africa mine violence highlights structural challenges in platinum sector: Fitch Ratings
These challenges include policy uncertainty, particularly regarding the mining sector, & lack of progress on education and labour reforms.
24 Aug, 2012, 03.58 PM IST
Platinum supplies may be hit if Africa unrest spiralsLabour unrest in SA's Marikana mines owned by Lonmin, has jacked up platinum prices by 2.8% to $1,435.20 per ounce.
20 Aug, 2012, 10.25 AM IST
- South African police kill 34 striking miners
South African police killed 34 striking workers at Lonmin Plc's Marikana platinum-mining complex on Thursday.
18 Aug, 2012, 06.41 AM IST