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...
Tharisa to double free cash flow in 2022 following commissioning of...
THARISA has started cold commissioning of its $55m Vulcan fine chrome plant situated at the Tharisa mine in South Africa's North West province.
Once fully...
Northam set to reinstate dividend in 2022 as PGM production heads...
NORTHAM Platinum opted not to reinstate the dividend following record full year earnings for the year ended June 30, saying the buy-back of shares...
Tharisa plans to cut carbon emissions 30% by 2030
THARISA, a platinum group metal (PGM) and chrome miner, is to cut carbon emissions 30% by 2030 ahead of attaining carbon neutrality by 2050,...
Zimbabwe asked to pay $70m after platinum, nickel assets cancelled 10...
ZIMBABWE has been asked to pay $70m after losing international arbitration proceedings related to the cancellation of platinum and nickel holdings, said Bloomberg News.
An alternative...
Tharisa due to consider Zimbabwe PGM project proposal by end of...
THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming...