US to slap duties on palladium imports from Russia
THE US will impose antidumping duties on imports of unwrought palladium from Russia, said Sibanye-Stillwater, the Johannesburg miner.
Citing a preliminary determination by the US...
Northam Platinum to report sharply higher earnings
NORTHAM Platinum expects interim earnings to surge following stronger production and sales performance during the six months to December, said Business Day in a...
Mind the gap: Sibanye-Stillwater plans new era
SIBANYE-Stillwater’s founding CEO, Neal Froneman, was an expert at reinventing mines. In 2013, he took on Gold Fields’s faltering mines following their unbundling, and...
Harmony Gold says CSA mine requires two year revamp
HARMONY Gold said this week it will recapitalise and rethink how to mine its recently acquired 41,000 ton a year CSA copper mine in...
Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over...
Valterra makes hay to take edge off tricky maiden year
VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces.
The increase was a...
Court rules Zimplats not liable for platinum royalty
ZIMBABWE'S High court said Impala Platinum’s local unit was not liable to pay mining royalties of $7.1m on exports matte and concentrates.
According to a...
Implats earnings set to surge fivefold
IMPALA Platinum will post a spectacular increase in interim earnings, fuelled by higher platinum group metal prices and strong second quarter operational performance.
The miner...
Happy days return for South Africa’s platinum industry
SOUTH Africa’s platinum industry is forecast to triple free cash flow to about R1.7bn this year, after a major uptick in fortunes for the...
Precious metals sell-off spreads across markets
GOLD and silver suffered sharp declines on Monday as a record-breaking rally in precious metals reversed, sending ripples through global equity markets, said the...