Eastplats to study recovering PGMs from Zandfontein chrome retreatment project
EASTERN Platinum (Eastplats) said it would investigate the possibility of retreating platinum group metals from the Barplats Zandfontein chrome tailings retreatment operation, commissioned in...
Over-done palladium price expected to weaken before year-end, say analysts
THE price of palladium is expected to weaken before the end of the year, said Bloomberg News citing the views of nine analysts it surveyed.
The...
Palladium hits record $1,600/oz after Russian bans scrap exports
PALLADIUM reached a record $1,600 per ounce on Tuesday after Russia announced it was planning to ban exports of precious metals scrap, said Reuters.
“There...
Amplats’ Griffith hoping land handover helps change expropriation narrative
CHRIS Griffith, CEO of Anglo American Platinum (Amplats) described the handover today (March 15) of some 270 hectares of land to the South African...
Zimbabwe to bring curtain down on indigenisation ownership rules for platinums
ZIMBABWE is to abandon regulations that require platinum firms to sell control of their assets to local investors, known as indigenisation, said Bloomberg News...
Platinum surplus to widen but it soon may join palladium on...
AUTOMAKERS attending the 121 Mining Conference in Cape Town during February were unanimous in their view that switching from palladium to platinum in the...
RBPlat defends rights issue timing, turns thoughts to 2020 dividend policy...
ROYAL Bafokeng Platinum (RBPlat) defended its decision to raise R1bn through a rights issue today arguing that it was necessary to lock-in finance whilst...
RBPlat triggers R1bn capital raise through rights issue to cover Maseve...
ROYAL Bafokeng Platinum (RBPlat) has announced plans to conduct a R1bn rights issue in order to finance the upgrade of the Maseve concentrator plant...
Implats’ Muller says strike at Rustenburg shafts would be “devastating”
A STRIKE at the premises of Impala Platinum’s (Implats’) Rustenburg shafts would be “devastating” and “heart-breaking”, said the firm’s CEO, Nico Muller.
Muller was responding...
Implats wins time on Rustenburg restructure as PGM basket turns shafts...
IMPALA Platinum (Implats) delivered the expected turnaround in interim numbers for its 2019 financial year and said the market for platinum group metals (PGMs)...