Platinum price rise justified and sustainable
THE 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal,...
Tharisa targets output lift in record-breaking platinum
THARISA has set an ambitious target for platinum production just as the price of the metal surges to a 12-year high.
Commenting in his firm's...
Fragile supply gives platinum price new lease on life
IT was once common to describe the platinum price in terms of gold, the so-called gold-platinum ratio. Then came the global financial crisis in...
Sibanye-Stillwater CEO surprised by platinum spike
THE rapid recovery in the platinum price – which has risen 84% since April this year to current levels around $1,660 per ounce –...
What’s really driving the platinum price?
WHAT'S driving the platinum price? Two things, say analysts. Firstly automakers were caught short by the decline in demand growth for electric vehicles; certainly...
Gold, PGMs fire up SA second quarter GDP
SOUTH Africa's mining sector drove the country's economic growth in the second quarter after soaring precious metal prices helped the industry rebound from a...
Sylvania Platinum projects give firm “room to grow”
SHARES in Sylvania Platinum, the London-listed mining group, have raced up 88% this year. While that’s not out of line with other platinum group...
ARM takes medicine after tough two years at Bokoni Platinum
AFRICAN Rainbow Mineral's (ARM's) attempt to breathe fresh life into Bokoni Platinum, a mine in South Africa's Limpopo province, cost it dear in the...
Anglo bolsters balance sheet with R44.1bn Valterra sale
ANGLO American confirmed on Thursday morning it had concluded the sale of its entire remaining 19.9% stake in Valterra Platinum, formerly Anglo American Platinum...
Anglo to sell remaining stake in Valterra Platinum
ANGLO American said on Wednesday it would sell its remaining shares in Valterra Platinum equal to 19,9% in the company worth R44bn.
The transaction, by...