International news within the industry of mining and metal, Jan, 23 2019
Latest News

South African platinum producer expands output

Photo: Northam Platinum
Photo: Northam Platinum
Published by
Simon Matthis - 29 Aug 2018

South Africa’s Northam Platinum has reported a production of 571,843 oz for 2017, an increase of 4.5% compared with a year earlier.

"This follows a strong operational performance from the Zondereinde mine which increased production by 7.0% year-on-year to 348 888 oz 6E of equivalent refined metal," the miner said in a statement. "Owing to the group’s mining capacity exceeding its processing capacity before and during the current financial period, there has been an inventory build-up. The bulk of the excess inven-tory, which is estimated at 170 000 oz, is expected to be processed through the expanded smelter complex in F2019."

Northam Platinum says its "growth, diversification and optimisation strategy is on track with good progress being made in the develop-ment of the Booysendal South mine and at Zondereinde."

The company says it is a platinum group metal (PGM) producer with two primary operating assets, Zondereinde and Booysendal mines, in South Africa’s Bushveld Complex.

Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company
Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company

The world's first mining-related railway network for autonomous trains was opened

"improves productivity"

The mining company Rio Tinto's AutoHaul ™ program, which is expected to cost $ 940 million, is...