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Sibanye-Stillwater forecasts palladium supply deficit to vanish in three years

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SIBANYE-Stillwater said an 800,000 ounce deficit in the palladium market could disappear by about 2024, bringing prices down, according to a report by BusinessLive. "We...

Sibanye-Stillwater continues balance sheet clean with $353.7m bond redemption

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SIBANYE-Stillwater continued to chip away at its balance sheet announcing today it would close out a $353.7m corporate bond. It rubbed out the balance of...

Amplats confirms court dispute with Nkwe Platinum over alleged land incursion

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ANGLO American Platinum (Amplats) confirmed a report that it had taken neighbour Nkwe Platinum to court over a land-related dispute. The SABC reported earlier this...

Northam Platinum gets flak for “extreme fee” paid to BEE deal...

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NORTHAM Platinum has come in for criticism after paying an advisor R250m described by critics as excessive - a claim Northam rebutted. "I have never...

RBPlat CFO Hanré Rossouw to replace Sasol’s head bean counter, Paul...

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ROYAL Bafokeng Platinum (RBPlat) CFO, Hanré Rossouw is to leave the company in April next year in order to take up the role of...

Northam adds R1bn to debt facilities as prepares ground for operational...

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NORTHAM Platinum increased its available bank funding facilities by R1bn to R5bn to ensure its balance sheet was prepared for an increase in "scope...

David Brown to step down from executive post at Zimbabwe’s Kuvimba...

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DAVID Brown could step down from Kuvimba Mining House, said Bloomberg News, a development that would deliver a blow to a firm the Zimbabwean...

SA platinum shares are undervalued, says asset manager. Here’s why

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ASSET manager, Ninety One struck a positive note for JSE-listed platinum group metal (PGM) stocks in a recent report, saying they were under-bought on...

A smelting and refining agreement is a critical piece of PTM’s...

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PLATINUM Group Metals (PTM) CEO, Mike Jones, doesn’t lack for optimism. You don’t get to build companies or mines in the way he has...

Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman

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SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...