Central African Mining and Exploration Company (Camec) has revealed that its Bokai platinum project is set to deliver a "world-class platinum mine", Reuters reports.

Assay results from 24 of the 54 holes drilled at the joint venture with Todal Mining revealed an average grade of 3.95 grams/tonne 4E (gold, palladium, platinum and rhodium) over 1.8 metres.

"These recent developments mark the first critical milestone in establishing an operational mine in Zimbabwe to ultimately produce circa 120,000 ounces 4E per annum," Camec Chief Executive Andrew Groves told the news provider.

http://uk.reuters.com/article/smallCapsNews/idUKLS9120120090428

African Rainbow Minerals (ARM) has positioned itself to target Zimbabwe's rich platinum resources by establishing an investment vehicle in the country, it has emerged.

Led by billionaire Patrice Motsepe, the company involves 22 South African private investors from leading mining, banking, construction, retail and textiles firms.

ARM Head of Investor Relations Monique Schwartz told Business Day: "I can confirm that our interest in Zimbabwe to date relates to coal and platinum.

"ARM remains excited about the opportunities in Zimbabwe, it being a resource-rich country."

http://www.talkzimbabwe.com/news/117/ARTICLE/4664/2009-04-29.html

Sylvania Resources has confirmed that its 3E (platinum, palladium and rhodium) and gold output fell from 6,828 oz to 6,615 oz on a quarterly basis in the three months to 31st March.

However, the South African miner revealed that it is pressing ahead with its project at the Lannex pgm recovery plant, which is set to reach steady production of 25,000 oz by June.

In addition, the company confirmed that its new Doornbosch recovery plant is set to produce 26,000 oz pgm per year from September.

http://www.miningweekly.com/article/sylvania-pushes-ahead-with-growth-projects-reports-lower-profit-2009-04-29

Sylvania Resources has also revealed that it is set to make off-market takeover bids for two explorers currently focusing on the Bushveld Complex in South Africa.

The firm intends to increase its current 19.9 per cent stake in Great Australian Resources and its 12.89 per cent stake in SA Metals, which was formerly known as Pan Palladium.

Sylvania is looking to add to its interests at the platinum-rich site, which include the Kroondal chrome tailings retreatment project and subsidiary Sylvania Metals' Samancor Chrome project.

http://www.miningweekly.com/article/sylvania-to-bid-for-sa-metals-great-australian-resources-2009-05-11

DRA Group Managing Director Leon Uys has revealed that all Anglo Platinum's ongoing concentrator projects are progressing well, Mining Weekly reports.

The company, which joined forces with TWP to set up a joint venture firm, Vhumbanani Projects, to aid Anglo's work, revealed that first ore was put into the UG2 concentrator at the Pilanesberg platinum mine in March.

In addition, Mr Uys noted that design and procurement for the Elands Phase 2 and Two Rivers expansion projects are running smoothly and that the Mimosa and Ngezi platinum projects are moving from construction completion to commissioning.

Mr Uys was speaking after confirming that Vhumbanani's future project pipeline and workload have been terminated as part of Anglo's lower capital spending plans.

http://www.miningweekly.com/article/dra-takes-over-vhumbunani-concentrator-projects-2009-05-08

Platinum Australia has increased its resource estimate at the Vela deposit of its Kalahari Platinum project by 300 per cent, it was revealed this month.

The miner confirmed that the total - which included 172 holes drilled in 2007 and 2008 - has grown from 0.40 million ounces 3E (platinum, palladium and gold) to 1.58 million ounces.

As a result, the total mineral resource at Kalahari is now over 6.4 million ounces 3E, while the high grade resource has jumped to over 3.1 million ounces 3E.

"The updated resource for the Vela deposit is possibly even more significant than the updated resource we reported last month for the Crater deposit," said Managing Director John Lewins.

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBNG43129520090511

Finally, Platinum Australia has also announced that it has signed a conditional Heads of Agreement with Atla Mining Resources to purchase 70 per cent of the Rooderand platinum project.

Anglo Platinum reported in 2006 that the advanced exploration project contained 1.3 million ounces 4E (platinum, palladium, rhodium and gold) for its 45 per cent attributable interest.

As a result, a 100 per cent interest would see an inferred resource for the UG2 and Merensky reefs combined of 3.01 million ounces 4E.

Mr Lewins confirmed that Platinum Australia's focus would mainly be on the UG2 reef to a depth of roughly 500 metres.

"We are looking forward to working with Atla and the Bakgatla Tribe to advance this project," he said.

http://www.gtp.com.au/platinumaus/inews_files/ASX0897JDL_220509.pdf

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