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Tag: platinum production

Anglo American Platinum Shuts Down Waterval Smelter

Anglo American Platinum has stopped production at its Waterval smelter in South Africa after a leak was detected on Saturday.

According to the press release:
All emergency procedures, including actions to safeguard all site personnel, were successfully implemented and no one was injured.

A preliminary assessment of the damage to the furnace has

Eastern Platinum Limited Reports Second Quarter 2016 Results

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 17, 2016) – Eastern Platinum Limited (TSX:ELR)(JSE:EPS) (“Eastplats” or the “Company”) is pleased to provide an update on its second quarter of 2016 results, as follows:

Eastplats reported a net loss of $25.5 million ($0.24 per share) for the second quarter, after taking a $23.3 million

Platinum in Ontario

Platinum in Ontario

The Investing News Network recently caught up with Scott McLean, president and CEO of Transition Metals, to discuss where platinum in Ontario is heading.

Stillwater Mining Company Reports Second Quarter 2016 Results

LITTLETON, Colo., July 29, 2016 (GLOBE NEWSWIRE) — Stillwater Mining Company (NYSE:SWC) today reported financial results for the quarter ended June 30, 2016.
Second Quarter 2016 Highlights:

Notable safety performance improvement, with a reportable incidence rate decrease of 61.4% compared to the second quarter of 2015, resulting in the lowest quarterly rate

Stillwater Mining Company Reports Quarter 2016 Results

Stillwater Mining (NYSE:SWC) has reported its financial results for the quarter ending March 31, 2016.

As quoted in the press release:
First Quarter 2016 Highlights:

All-in sustaining costs (AISC)* of $613 per mined ounce of palladium and platinum, down 19.7% from $763 per mined ounce for the first quarter of 2015
Cash and cash

Sylvania Platinum Swings Into Net Profit

Sylvania Platinum (LSE:SLP) reported a net profit for the financial year ended June 30 on the back of record platinum production, according to the Wall Street Journal. The company has managed to offset falling PGM prices with rising production.

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