Tharisa delays Karo project 12 months as PGM prices retreat 26%
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%
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
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
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
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
"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
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...
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
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
THE supply deficit in platinum is forecast to grow to more than one million ounces owing to increased demand from automakers and amid flat...