Pumping money into the demand side of the business could give the economy a R8.25-trillion shot in the arm by 2050
SA’s platinum group metal miners agree that developing markets for their metals is essential, but this needs help from the government.
Chris Griffith, CEO of Anglo American Platinum , the largest source of mined PGMs, outlined a range of areas to encourage the uptake of platinum, including jewellery, investments, industrial applications and the use of the metal in hydrogen fuel-cell vehicles. Baxter would give no further details, apart from saying the platinum coin, which many in the industry have already dubbed the Mandela coin, would have to be tailored to meet the requirements of investors in the US and Japan.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mines take another swipe at charterThe Minerals Council SA is once again challenging the Mining Charter in court, this time because it would impose onerous conditions on renewing and selling existing mining rights.
Read more »
Rio Tinto invests R6,5bn in new SA mining projectThe Anglo-Australian mining company bids to sustain the capacity of Richards Bay Minerals by developing a new mine called Zulti South.
Read more »
China wants to ban bitcoin mining, traders say move not a surprise
Read more »
ECONOMIC WEEK AHEAD: Pervasive weakness is likely to continueMining and manufacturing data expected to reflect continued domestic slowdown
Read more »
Cannabis stocks on a high at mining’s expenseThe listing of cannabis-related companies in Canada resulted in a flood of money pouring into those stocks and out of junior mining companies
Read more »
Cannabis stocks on a high at mining’s expenseThere is a salutary lesson for SA's listed mining stocks as cannabis companies eat into Canada's junior mining sector's funding.
Read more »
Amcu moves to appeal Sibanye-Stillwater strike rulingAmcu applies appeal against the judgment barring its secondary mining strike in support of its 14,000 members in the fifth month of a gold strike at Sibanye-Stillwater.
Read more »