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Amplats hit by lower prices, write-down & demerger costs

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ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is expected to be completed by mid-year. The...

Sibanye-Stillwater plans chrome deal as nears end of restructure

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SIBANYE-Stillwater is working on a chrome financing transaction which it will use to further strengthen the balance sheet. A financing deal in chrome, possibly a...

Battered PGM shares poised to recover, says bank

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2O25 could signal a change in direction for platinum group metal shares following nearly two years of underperformance, most of which had been priced...

Northam increases interim refined PGM output

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NORTHAM Platinum reported a 3.7% increase in equivalent refined platinum group metal (PGM) production of 451,213 ounces for the six months ended December compared...

Tharisa off to slow start in 2025 amid weaker metal prices

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THARISA reported lower first quarter production owing to poor availability of drilling equipment. Coupled with an easing in the chrome price, the slow start...

Big year for Ivanhoe as prepares to open SA platinum mine

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MARNA Cloete is accustomed to the doubters. When Ivanhoe Mines, of which she is president (“CEO in South African terms,” she explains), was first...

Mantengu hails Blue Ridge project as corporate finance dream

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MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as...

Why Tharisa is yet to win over more investors

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CHROME saved the day for resource group Tharisa, which registered a 28% decline in its average platinum group metal (PGM) price during its 2024...

Sibanye-Stillwater bags $500m deal with Franco-Nevada

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SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...

Southern Palladium goes north in search of money

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ROGER Baxter, former CEO of the Minerals Council South Africa, is recently back from meeting North American investors to whom he’s been extolling the...