Implats to shut Canadian mine Lac des Illes
IMPALA Platinum (Implats) plans to cease operations at its Ontario mine by May 2026, endangering 750 positions as weak metal prices undermine the facility's...
Southern Palladium opts for two stage rollout of Bengwenyama
SOUTHERN Palladium on Thursday said it had decided to develop its 70% owned platinum group metals project Bengwenyama in two stages as financing in...
Tharisa adjusts lower end of production guidance
THARISA adjusted its platinum group metal (PGM) and chrome production guidance for the year ended September,pushing down the lower end of its forecast by...
Platinum’s full-throated recovery brings downcycle to an end
AFTER several months of positively trending prices, platinum has staged a full-throated rally, gaining 20% in just more than a month and taking sister...
Hybrid vehicle sales will buoy platinum until 2026
THE SURGE in the platinum price over the past month to above $1,385/oz may be followed by a short-term correction, but it is expected...
Valterra CEO confident platinum price rally is sustainable
THIS year’s Platinum Week conference in London in May was a turning point for platinum group metals (PGMs) and the miners, said Valterra Platinum...
SA platinum titan Barry Davison passes away, aged 80
FORMER Anglo American Platinum chairman and CEO Barry Davison has passed away, industry sources said on Monday. He was 80.
In addition to chairing Anglo...
Southern Palladium raises A$16m for Bengwenyama DFS
SOUTHERN Palladium, a JSE-listed exploration company, said on Thursday it had raised A$16m (R185m) through an issue of shares.
The proceeds are earmarked for a...
Valterra leads charge as platinum surges to three-year high
SHARES in Valterra Platinum, which last month demerged from Anglo American, surged in Johannesburg after the platinum price reached its highest in more than...
Jubilee to ease pressure with $90m sale of SA business
JUBILEE Metals has accepted a $90m (R1.6bn) binding offer for its platinum group metal and chrome tailings assets in South Africa.
Commenting on the planned...