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Investors redeemed platinum ETFs in favour of PGM mining company dividends

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REDEMPTIONS of platinum-backed exchange traded funds (ETFs) in South Africa totalled 173,000 ounces in the second quarter, according to a report by the World...

Not bad for a perfect storm: PGM leaders unfazed by rhodium...

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PLATINUM Group Metal (PGM) mining executives said today that the correction in metal prices since mid-year was not cause for panic as they were...

Sibanye-Stillwater completes R8bn buy-back of shares

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SIBANYE-Stillwater said it had completed the R8bn repurchase of approximately 147.7 million shares in terms of its capital return programme. "We remain convinced that our...

Tharisa to double free cash flow in 2022 following commissioning of...

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THARISA has started cold commissioning of its $55m Vulcan fine chrome plant situated at the Tharisa mine in South Africa's North West province. Once fully...

Northam set to reinstate dividend in 2022 as PGM production heads...

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NORTHAM Platinum opted not to reinstate the dividend following record full year earnings for the year ended June 30, saying the buy-back of shares...

Tharisa plans to cut carbon emissions 30% by 2030

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THARISA, a platinum group metal (PGM) and chrome miner, is to cut carbon emissions 30% by 2030 ahead of attaining carbon neutrality by 2050,...

Zimbabwe asked to pay $70m after platinum, nickel assets cancelled 10...

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ZIMBABWE has been asked to pay $70m after losing international arbitration proceedings related to the cancellation of platinum and nickel holdings, said Bloomberg News. An alternative...

Tharisa due to consider Zimbabwe PGM project proposal by end of...

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THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming...

Implats looking beyond PGM family as ponders growth into “future facing...

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IT’S fair to say Impala Platinum CEO, Nico Muller is managing expectations regarding the platinum group metal (PGM) mining firm’s growth plans when he...

Sibanye-Stillwater buys up to 3% of own shares for R5bn

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SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today. This was in terms...