Platinum to be in balance next year as investors flee ETFs

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PLATINUM will be in balance in 2026 ending three consecutive years of supply deficit owing to higher recycling and as investment demand falls 52%,...

Glencore-Merafe starts retrenchments at ferrochrome smelters

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RETRENCHMENTS will commence at the idled Wonderkop and Boeshoek smelters in South Africa, operated by the Glencore-Merafe Chrome Venture. Some employees at Glencore's Alloys division...

MARKETS

Kenmare downgrades 2025 output after Nataka project delay

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KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of...

Minerals Council says no respite from energy cost inflation

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SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...

OPINION