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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...

Under pressure PGM miners are looking to copper – but it’s...

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IT'S no coincidence that two of the surprise bidders for Khoemacau, a Botswana copper miner, are platinum group metal (PGM) producers Sibanye-Stillwater and Impala...

Merafe, Glencore agree to extend PGM processing partnership

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MERAFE Resources and Glencore are to extend an agreement to produce platinum group metals (PGMs) which occurs as a by-product in the chrome joint...

Platinum deficit of one million oz forecast while stocks also diminish

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THE supply deficit in platinum is forecast to grow to more than one million ounces owing to increased demand from automakers and amid flat...