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Anglo announces second bookbuild in Amplats shares

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ANGLO American is to sell a further block of shares in its Johannesburg-listed subsidiary Anglo American Platinum (Amplats), the UK group said. An additional 6%...

Mined platinum supply set to fall in 2025, says WPIC

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MINED platinum supply is forecast to fall two percent next year owing to continued restructuring by producers, said the World Platinum Investment Council (WPIC). Commenting...

Gold gives Sibanye-Stillwater much-needed Ebitda boost

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THE surge in the gold price supplied Sibanye-Stillwater with a much-needed lift for the third quarter helping to boost adjusted Ebitda 9% to R3.3bn...

Southern Palladium unveils “tier one” Bengwenyama project

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SOUTHERN Palladium on Thursday published a prefeasibility study of its 70% owned Bengwenyama venture in which it estimated first positive cash flow some seven...

Implats draws comfort from “shifts” in metal demand

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IMPALA Platinum (Implats) kept to its 2025 production forecast and said shifts in metal demand among customers supported its view on market trends. Commenting in...

A third of Northam shareholders vote against executive pay

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JUST over a third of participating shareholders at Northam Platinum Holdings' annual general meeting on Monday voted against the platinum group metal (PGM) miner's...

Structurally inflexible, the PGM sector can only watch and wait

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ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM)...

Northam to “withstand earnings pressures” of cyclical downturn

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NORTHAM Platinum said today its balance sheet and cash generation were sufficiently strong to see off the cyclical downturn in platinum group metal prices...

Funding uncertainty hangs over Wesizwe Platinum

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UNCERTAINTY hangs over the liquidity of Wesizwe Platinum after its auditor declined to verify the miner's going concern status. SNG Grant Thornton "expressed a disclaimer...

Amplats CEO anticipates “material change” in metal prices

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LOWER interest rates would lead to a "material" improvement in platinum group metal prices, but they would not return to levels of two years...