Amplats’ 2014 Profit Down 55 Percent
Mineweb reported that the 2014 profit of Anglo American Platinum Ltd. (OTCMKTS:AGPPY) fell by as much as 55 percent from the previous year due to South Africa’s longest mining strike.Continue reading...
View ArticlePlatinum Price Hits Five-and-a-Half-Year Low — What’s Next?
Platinum fell to a five-and-a-half-year low on Friday, and the platinum-gold spread is at its highest level in almost two years. Still, experts believe there could be brightness ahead for platinum in...
View ArticleWhy is Platinum Cheaper Than Gold?
While both gold and platinum prices have continued to fall so far this year, platinum has taken a harder hit, making the white metal cheaper than gold. William Tankard, director of precious metals and...
View ArticleAmplats Considers Floating South African Mines
Reuters reported that Anglo American Platinum (OTCMKTS:AGPPY) may float its South African mines instead of selling them because it had receive offers that were too low.Continue reading...
View ArticleAmplats Axes over 400 jobs at Rustenburg Platinum Mines
Anglo American Platinum (OTCMKTS:AGPPY) announced its plans to cut over four hundred jobs at its Rustenburg Platinum Mines unit as a continuation of the company’s value-driven strategy in response to...
View ArticleBakgatla Ba Kgafela Confident Over Anglo Platinum Mine Stake
Bloomberg reported that Bakgatla Ba Kgafela, a community near the South African mines operated by Anglo American Platinum Ltd.(OTCMKTS:AGPPY), is confident about its prospects to acquire stakes in the...
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