Platinum tipped to shake off negative price sentiment
THE platinum market is forecast to move into a yet wider supply deficit this year, according to the World Platinum Investment Council (WPIC).
Commenting in...
Wesizwe Platinum concentrator delayed by “certain defects”
WESIZWE Platinum is to ramp up production from its Bakubung mine in South Africa's North West province in the first quarter of 2025, the...
ARM chases down chrome revenue as PGMs fade
AFRICAN Rainbow Minerals (ARM) is accelerating plans to move into copper and chrome production after a major correction in platinum group metals (PGM) and...
ARM’s earnings drop 43% after PGM strategy backfires
AFRICAN Rainbow Minerals has reported a 43% drop in headline earnings for the year to June as the downturn in the platinum group metals...
Sibanye-Stillwater earnings plummet as axe hovers over US mine
SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...
Dunne says PGM projects like Platreef expansion in doubt
NORTHAM Platinum CEO Paul Dunne has dumped cold water over the various junior miners trying to get into the platinum sector and has also...
Northam warns of “inevitable depletion” for PGM industry
SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices...
Implats CEO “anxious” for US rate cut as PGM prices languish
IMPALA Platinum (Implats) CEO Nico Muller said he was "anxiously waiting" on a US interest rate cut as it would be a boost to...
Russia’s Nornickel examining latest US sanctions
NORNICKEL, the world's largest producer of palladium, said it was examining the implications of new US sanctions on its subsidiaries, according to a report...
Sylvania completes scoping study on Volspruit project on the Northern Limb
SYLVANIA Platinum - which produced 72,704oz of platinum group metals (pgm) from retreating dump material in the year to end-June - has finalised a...