Platinum set for another deficit as SA mined supply under threat
PLATINUM will register another supply deficit in 2024 amid a seven-year high in automotive demand and declining primary production, especially in South Africa, said...
Amplats ‘leaning to’ a listing of non-core assets
Anglo American Platinum was spending more time considering listing its non-core assets in lieu of getting a decent price from remaining bidders for the assets.
Lonmin to shed 3,500 employees in cost drive
Lonmin confirmed reports it would shed 3,500 jobs on a voluntary basis in an effort to slash 10% of its overheads amid a sluggish platinum price.
Trump tariffs offer perfect window for buying platinum shares
PLATINUM shares took a beating on the Johannesburg Stock Exchange on Thursday following imposition of global tariffs by US president Donald Trump and triggering...
Ramaphosa takes seat at Lonmin board
Cyril Ramaphosa was appointed to Lonmin's board after a deal, in which Ramaphosa's Shanduka Resources bought a stake in Incwala Resources, was consummated.
How SA platinum lost its way
Anyone holding platinum shares must be wondering when the pain will end.
This was the year shares would, at the very least, bounce along the bottom,
consolidate and then recover in 2013.
Zimbabwe ‘accepts’ Zimplats proposals
Zimbabwe has accepted the proposals of Impala Platinum subsidiary Zimplats to
comply with the country's indigenisation legislation, according to the company.
Platinum offer ‘won’t break strike’
A REVISED offer tabled by the world’s three biggest platinum producers, aiming to end a three-month strike, will be insufficient to get negotiators to a settlement before the elections on May 7, said Investec Asset Management.
Sibanye-Stillwater cuts gold, nickel and PGMs production for 2023
SIBANYE-Stillwater announced cuts to production guidance for gold, nickel and platinum group metals (PGMs) owing to operational mishaps, a strike, and lower metal prices.
Publishing his...
SA PGM production to fall this year if loadshedding persists, says...
PLATINUM group metal (PGM) production from South African was likely to fall this year as a result of loadshedding, said Bloomberg News citing Impala...