Sibanye-Stillwater will cut 287 jobs at its U.S platinum group metals (PGM) operations to reduce costs as metal prices decline, reported Reuters. The Johannesburg-based miner announced last year the restructuring of its palladium-dominated U.S operations in anticipation of a fall in palladium prices and because of the impact of inflation on costs. This year the price of palladium has plunged…
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AN ABUNDANCE OF OPPORTUNITY
Job site mechanization offers cutting-edge industry solutions, and the benefits can add up – quickly. By Raymond Ippersiel The mining industry continues to see steady change. With precious metals like gold, platinum and chrome being vital components in everyday objects, the demand for these ores continues to grow. Crews are pushing for safer and more productive solutions to transform modern…
Read MoreFriends for small places: tackling narrow-vein mining
Changing – and shrinking – underground environments have created an unprecedented demand for narrow-vein mining equipment and technology. J.H. Fletcher tells North American Mining magazine more about the options for these tightening spaces. Drilling and bolting play such crucial roles in underground mining, and while narrow-vein extraction is not a new idea, its application is growing as the prevalence of…
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