Froneman says Sibanye-Stillwater will not be “a dinosaur”
IT was the familiar shape of Neal Froneman that took the helm at Sibanye-Stillwater’s interim results presentation earlier this month, but what he had...
Wafer-thin palladium market soars on ‘confluence of factors’
THE double-digit increase in the palladium price on Wednesday was partly due to a proposed 200,000 ounce cut in annual supply of the metal,...
PTM defies sceptics with optimised $946m Waterberg project study
PLATINUM Group Metals (PTM) today published an updated definitive feasibility study for its 50.02% controlled Waterberg Joint Venture, a project that will produce PGMs,...
Froneman says 10% share boost sign PGMs near price inflection
SHARES in Sibanye-Stillwater climbed about 10% in Johannesburg on Thursday following a positive bump in platinum group metal prices.
The palladium price increased to $1,032.97...
Sibanye-Stillwater to halve Stillwater output, eyes $600-700m in metal sales
SIBANYE-Stillwater is to cut production at its US Stillwater palladium/platinum mine 200,000 ounces/year and is nearing additional prepayment deals on gold as well as...
Anglo raises R7.2bn from Amplats bookbuild
ANGLO American raised R7.2bn in gross proceeds from an accelerated bookbuild of shares in its 78% owned Anglo American Platinum (Amplats).
The UK-listed firm announced...
Anglo announces accelerated bookbuild in Amplats shares
ANGLO American is to sell new shares in its 78.5% owned subsidiary Anglo American Platinum (Amplats) in a bookbuild starting immediately that is worth...
Platinum tipped to shake off negative price sentiment
THE platinum market is forecast to move into a yet wider supply deficit this year, according to the World Platinum Investment Council (WPIC).
Commenting in...
Wesizwe Platinum concentrator delayed by “certain defects”
WESIZWE Platinum is to ramp up production from its Bakubung mine in South Africa's North West province in the first quarter of 2025, the...
ARM chases down chrome revenue as PGMs fade
AFRICAN Rainbow Minerals (ARM) is accelerating plans to move into copper and chrome production after a major correction in platinum group metals (PGM) and...