SA’s platinum group metal miners hit rock bottom – hopefully
TRADING updates from Impala Platinum and Anglo American Platinum this week are telling the story of last year’s wipeout in share prices. According to...
Implats impairs mines for R1.69bn as metal shake-out hits sector
IMPALA Platinum (Implats) will announce R1.69bn in asset write-downs in its interim accounts ended December following 37% decline in platinum group metal prices. It...
Sibanye-Stillwater to cut PGM output by up to 60,000 oz/year
SIBANYE-Stillwater is to cut up to 60,000 ounces of annual platinum group metal (PGM) production as part of restructuring plans which were being "wrapped...
Southern Palladium scopes out $408m Bengwenyama
SOUTHERN Palladium on Thursday published details of a scoping study into its Bengwenyama project estimating a post tax net present value of $700m assuming...
Implats restarts tragedy-hit shaft amid sharp earnings fall
IMPALA Platinum expected to lose about 60,000 ounces of platinum group metals owing to the tragic underground accident at its Rustenburg 11 shaft in...
SA’s latest PGM mine doesn’t inspire confidence
SOUTH Africa's platinum group metals sector may be battening down the hatches while prices languish but new production is coming on stream nonetheless. Canada's...
Mixed tidings for SA as electric vehicles rev up performance
ONE in five cars to hit the road this year will be electric. That’s one million new cars a month, which will take the...
Northam’s 19.9% PGM production increase underlines resilience
NORTHAM Platinum Holdings increased total equivalent refined metal production from own operations 10.6% for the six months ended December.
Commenting in a production update on Monday...
Tharisa needs more of the same after record Q1 chrome output
THARISA started its 2024 financial year on a good production footing producing record amounts of chrome, a metal used in steelmaking.
The company said in...
Implats “quietly confident” of resolving stay-away at shafts
IMPALA Platinum (Implats) said on Tuesday it was "quietly optimistic" about 2,000 workers who had staged a stayaway since the beginning of the year...