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Southern Palladium gives prospects much-needed good news boost

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PLATINUM Group Metal (PGM) exploration firm Southern Palladium today published promising results from a geotechnical study of its Bengwenyama prospect. Bengwenyama is rich in palladium...

Sibanye-Stillwater, Implats dismiss fears of “mine closures”

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SOUTH African platinum group metal (PGM) producers say they have taken steps to minimise mine closures, but they also acknowledge the downturn in prices...

Implats clarifies AGM resolution following proxy group warning

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IMPALA Platinum (Implats) today clarified a special resolution for its annual general meeting on October 30 in which it would ask shareholders to approve...

Tharisa delays Karo project 12 months as PGM prices retreat 26%

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THARISA has delayed delivery of its $391m Karo platinum group metal (PGM) project in Zimbabwe by a year to June 2025 owing to the...

Amplats CEO says metal prices to recover 15% to 20%

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PLATINUM group metals (PGM) would recover 15% to 20% their current price levels as "some of the floor" in the basket price had been...

Northam Platinum best placed to withstand current PGM down cycle

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NORTHAM Platinum will be able to "withstand the current down cycle better than many of its larger peers", said credit rating agency GCR Ratings. Citing...

Sibanye-Stillwater CEO says no final dividend at spot metal prices

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SIBANYE-Stillwater CEO Neal Froneman acknowledged that at spot metal prices the group was unlikely to pay a final dividend in 2023. He also said the...

How Northam Platinum became SA’s top PGM pick

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NORTHAM Platinum ended more than 18 months of high-stakes corporate theatre when it reversed out of a potentially balance sheet-destroying bid for Royal Bafokeng...

How the wheels came off for SA’s platinum group metal miners

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"We didn’t see it coming” are not the words investors typically want to hear. But it was a refreshingly honest take from Northam Platinum...

How hydrogen can breathe new life into SA’s faltering PGM sector

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A HYDROGEN-powered aircraft completed three hours of flight testing earlier this month, boosting plans by manufacturers Airbus and Rolls-Royce to launch carbon-free aircraft of...