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Amplats adds Der Brochen to project roster after buying Glencore stake...

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ANGLO American Platinum (Amplats) has continued its strategic repositioning campaign through buying partner Glencore’s 39% stake in the Mototolo joint venture which opens up...

Amplats, PIC to pump $200m into PGM venture capital fund

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THE search for alternative platinum group metal (PGM) markets has been turned up several notches by Anglo American Platinum (Amplats) which is to invest...

Platinum excluded from Wheaton deal as Froneman spies recovery

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SIBANYE-Stillwater has excluded platinum from its streaming deal with Wheaton International because it believes there is more upside in the metal's price over the...

Amplats delivers $160m half-year net profit boost to Anglo American

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ANGLO American Platinum (Amplats) delivered good news for its 79% shareholder Anglo American saying half-year headline earnings would come in between R3.28bn and R3.41bn...

WPIC teams up with China retailer as seeks platinum bar sales

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THE World Platinum Investment Council (WPIC) has teamed up with precious metals retail firm Shenzhen Hengfu Yingjia (Hengfu) to sell platinum bars in China...

How above-ground inventories will influence platinum until 2023

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THE platinum market relies on supply and demand dynamics to support platinum price projections. On the primary supply side, the market is of the...

Rand weakness offsets lower US chrome price for Tharisa in Q3

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THE 5% weakening in the rand during the third quarter helped boost the basket price of platinum group metals (PGMS) for Tharisa whilst the...

No matter how EVs sliced and diced, PGMs face demand challenge

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THE view of investment banks on the likely impact of electric vehicles (EVs) is just a question of degree. EVs talk so sensibly to...

RBPlat to buy Amplats’ 33% stake in BRPM in R1.86bn deal

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ROYAL Bafokeng Platinum (RBPlat) is to take full control of Bafokeng Rasimone Platinum Mine (BRPM) in an agreement with its joint venture partner, Anglo...

UK gives green light to Sibanye-Stillwater, Lonmin transaction

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THE proposed merger of the platinum operations owned by Sibanye-Stillwater with Lonmin received another important approval today after the UK's Competition and Markets Authority...