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PLATINUM GROUP METALS

Perfect storm decimates SA gold and pgm stocks - Sibanye hit hardest

Monday , 20 May 2013
Sibanye, which runs Africa’s largest gold operation, fell 7.8% in Johannesburg, the lowest since it started trading on Feb. 12 after being spun out of Gold Fields.

South African mines cannot afford pay rises - Implats

Monday , 20 May 2013
Impala Platinum said on Friday that South Africa's mining industry cannot afford to offer wage rises during the upcoming wage talks with trade unions.

Mine union threatens to bring South Africa to a ‘standstill’

Friday , 17 May 2013
Joseph Mathunjwa, head of AMCU, says the African National Congress is ignoring violence against its members in the Rustenburg platinum belt.

169 workers stage sit-in at Amplats platinum mine

Thursday , 16 May 2013
Company spokeswoman Mpumi Sithole says the sit-in started Tuesday morning and it was still unclear what the workers were demanding.

Anglo American Platinum miners report for morning shift

Thursday , 16 May 2013
Amplats spokeswoman Mpumi Sithole says miners reported for the morning shift on Friday despite earlier calls for a strike by some union leaders.

UPDATE: Lonmin workers return to work

Wednesday , 15 May 2013
While, at the time of writing there was no official confirmation from Lonmin, according to AMCU head, Joseph Mathunjwa, workers will be returning to work.

Lonmin's workers strike for second day

Wednesday , 15 May 2013
Production at all Lonmin's 13 shafts in South Africa was halted Tuesday as protesters demanded the closure of the NUM offices, the once dominant workers union.

An odd market – Sprott’s Rick Rule picks platinum, palladium and uranium

Tuesday , 14 May 2013
Rick Rule looks at the huge anomalies in the way governments are/have been treating the global economy and the strange way the market has been behaving.

Lonmin cools pay hopes ahead of union talks

Tuesday , 14 May 2013
The platinum miner, at the centre of violent South African strikes last year, will tell unions to curb expectations of forthcoming wage talks.

Johnson Matthey ends platinum review after 28 years

Tuesday , 14 May 2013
Sources close to the matter say the decision came after Anglo American Platinum withdrew its funding for the research.

Strikes, closures cost South Africa 750,000 PGM oz in 2012

Monday , 13 May 2013
Johnson Matthey says SA lost at least 750,000 platinum ounces of output last year to strikes, shaft closures and government-ordered safety stoppages.

China’s platinum jewellery demand up 16% in 2012

Monday , 13 May 2013
Platinum refiner Johnson Matthey said Monday that consumers were lured by platinum's discount to gold, which encouraged jewellers to boost stocks.

Lonmin posts H1 profit jump as wage battle looms

Monday , 13 May 2013
The platinum miner more than doubled its H1 profit and lifted production guidance for the year but warned of the significant challenge of wage talks ahead.

Norilsk expects 2013 palladium deficit to rise by 25%

Monday , 13 May 2013
“We expect a significant deficit on the palladium market this year - at about 1 million troy ounces,” says the deputy head of sales arm Normetimpex.

South African mining union organiser shot dead in Rustenburg

Monday , 13 May 2013
The shooting death of an alleged Association of Mineworkers and Construction union organiser in a Rustenburg tavern is being investigated by AMCU officials.

Spot Gold USD/oz	1,360.73	+0.92%
Spot Silver USD/oz	21.80	+1.54%
Spot Platinum USD/oz	1,453.50	+1.25%
Spot Palladium USD/oz	739.50	+0.72%
LME Copper USD/t	7,330	+3.30%
LME Aluminium USD/t	1,841	+2.11%
LME Nickel USD/t	14,855	+0.58%
LME Lead USD/t	2,003	+1.83%

Company	Price	Gain
VATUKOULA GOLD ORD 5P	11.85 GBp	+89.60%
REGENCY MINES PLC	0.58 GBp	+34.42%
VANE MINERALS PLC	0.59 GBp	+18.40%
SUNKAR ORD 0.1P	9.67 GBp	+13.76%
ORTAC RES.ORDS NPV (DI)	0.30 GBp	+11.85%

Company

Price

Gain

VATUKOULA GOLD ORD 5P

11.85 GBp

+89.60%

REGENCY MINES PLC

0.58 GBp

+34.42%

VANE MINERALS PLC

0.59 GBp

+18.40%

SUNKAR ORD 0.1P

9.67 GBp

+13.76%

ORTAC RES.ORDS NPV (DI)

0.30 GBp

+11.85%

Company	Price	Loss
PLATFIELDS ZAR0.00001	2.00 ZAc	-33.33%
ADAVALE RESOURCES LIMITED NPV	0.007 AUD	-22.22%
GOLDEN PROS SUB SUB SHS NPV	1.76 GBp	-21.78%
A-CAP RESOURCES NPV	0.05 AUD	-21.67%
ALCHEMY RESOURCES LIMITED NPV	0.04 AUD	-21.57%

Company

Price

Loss

PLATFIELDS ZAR0.00001

2.00 ZAc

-33.33%

ADAVALE RESOURCES LIMITED NPV

0.007 AUD

-22.22%

GOLDEN PROS SUB SUB SHS NPV

1.76 GBp

-21.78%

A-CAP RESOURCES NPV

0.05 AUD

-21.67%

ALCHEMY RESOURCES LIMITED NPV

0.04 AUD

-21.57%

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