Northam wary on platinum as profits fall
NORTHAM Platinum struggled in the year to end-June pushing up revenues 6.9% to R32.9bn (previous financial year R30.8bn) but recording a 17% drop in...
Sibanye-Stillwater’s Stewart eyes return to dividend
AS incoming Sibanye-Stillwater CEO Richard Stewart steps into the massive mining boots of Neal Froneman, dividends are on his mind - and no doubt...
Impala looks to better times as platinum prices rise
IMPALA Platinum (Implats) had survived the past few years of depressed platinum market conditions through an “aggressive defensive strategy” which had positioned the group...
Sibanye-Stillwater earnings knocked by impairments
Sibanye-Stillwater's interim headline earnings surged 19-fold to 190 SA cents per share, driven by higher prices and cost containment, and the company said it...
Minor PGMs will help keep price momentum
SURPRISINGLY, one of the best-performing metal this year is not gold but ruthenium. This is especially relevant for South Africa as it will supply...
Northam Platinum wary on metal price recovery
NORTHAM Platinum has poured cold water on current buoyant conditions in the platinum market where the platinum price has jumped more than 30% in recent...
Sibanye-Stillwater takes knock as US to phase out PGM credit
SIBANYE-Stillwater will report sharply higher headline profits for the six months to end-June but will still record a basic earnings loss because of impairment...
Implats to post 3% lower metal output in 2025 FY
IMPALA Platinum (Implats) forecast a reduction in platinum group metal output for its 2025 financial year with output falling 3% to 3.55 million ounces...
Anglo may sell Valterra Platinum stake to strategic investor
ANGLO American is keeping its options open regarding the divestment of its 19.9% stake in Valterra Platinum, including a sale to a strategic investor.
"It...
Sibanye-Stillwater petitions US to levy Russian palladium imports
SIBANYE-Stillwater has filed an antidumping claim on Russian imports of unwrought palladium which it says are harming the viability of Stillwater, the group's US...