Tag: lonmin

June 21, 2019

Precious Metals Weekly Round-Up: Gold Finally Breaks US$1,400

Gold was the star precious metal this week. It managed to break US$1,400 thanks to dovish Fed sentiment and ongoing...
June 17, 2019

AMCU Wants Wages to Increase by Almost 50 Percent

South Africa's Association of Mineworkers and Construction Union will ask for a large increase in wages for its members later...
May 17, 2019

Precious Metals Weekly Round-Up: Gold Steady as Trade Tensions Ease

Precious metals declined for the week as investors with risky appetites lost interest in the metals' safe haven nature.
May 15, 2019

Lonmin to Cut Fewer Jobs Thanks to Strong Palladium Price

A strong palladium price has given PGMs producer Lonmin the chance to delay or scale back on the amount of...
May 10, 2019

Precious Metals Weekly Round-Up: Gold Gains on US-China Tensions

As trade tensions between the US and China increased, investors once again turned to precious metals for safety.
February 21, 2019

Union Issues Strike Notice to Gold and Platinum Producers in South Africa

The AMCU has notified six gold and platinum companies that employees will begin striking next week to support Sibanye workers.
February 5, 2019

Palladium’s Rally a Source of Hope for South African Miners

Despite a lackluster platinum environment, PGMs miners in South Africa may be able to lean on palladium's rally to boost...