PGM price slide sees Sibanye-Stillwater post R5bn decline in quarterly EBITDA
PLATINUM group metal (PGM) prices had stabilised following a shortage of microprocessing chips earlier in the year which had impacted automotive production, said Sibanye-Stillwater...
ARM says in talks to buy Amplats’ Bokoni as PGM sector...
IN the latest consolidation move for the South African platinum industry, African Rainbow Minerals (ARM) has announced it is in discussions over the potential...
Implats opens talks with RBPlat on takeover in major consolidation of...
IMPALA Platinum (Implats) is in discussions with Royal Bafokeng Platinum (RBPlat) regarding a possible takeover of RBPlat which, if carried out, would greatly strengthen...
RBPlat sets quarterly PGM production record despite the Covid-19 pandemic
ROYAL Bafokeng Platinum (RBPlat) produced a quarterly record 127,000 ounces of platinum group metals (PGM) in the September quarter following an improved performance at...
SA gold mining is the albatross hanging over Neal Froneman’s Sibanye-Stillwater
SIBANYE-Stillwater concluded an R8bn share repurchase programme earlier this month, but its success belies no small degree of frustration at the gold and platinum...
PGM market proves mettle absorbing rapid unwind of Amplats’ inventory
ANGLO American Platinum (Amplats) reported higher than forecast refined sales in the third quarter suggesting a rapid unwind of the inventory it built up...
Tharisa ends year in strong cash positive territory, targets new production...
THARISA targeted a second successive year of record metal output which would be supported by continued strength in platinum group metal (PGM) demand despite...
Investors redeemed platinum ETFs in favour of PGM mining company dividends
REDEMPTIONS of platinum-backed exchange traded funds (ETFs) in South Africa totalled 173,000 ounces in the second quarter, according to a report by the World...
Not bad for a perfect storm: PGM leaders unfazed by rhodium...
PLATINUM Group Metal (PGM) mining executives said today that the correction in metal prices since mid-year was not cause for panic as they were...
Sibanye-Stillwater completes R8bn buy-back of shares
SIBANYE-Stillwater said it had completed the R8bn repurchase of approximately 147.7 million shares in terms of its capital return programme.
"We remain convinced that our...