S. Africa mine sit-in by protesting workers enters third dayThe sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees.Bloomberg News | December 8, 2023 | 9:25 am
Anglo American preps sweeping cost cuts as price rout bitesA rapid and precipitous plunge in palladium and rhodium has…Reuters | December 7, 2023 | 8:43 am
Implats to restart platinum mine after fatal accidentThe company said it will resume production at its Rustenburg…Bloomberg News | November 29, 2023 | 10:22 am
Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines. Staff Writer | December 8, 2023 | 8:07 am
EV boom drives miner’s $100 million hunt for new palladium uses Nornickel will invest the money through 2030 at its research and development center that works on new products. Bloomberg News | December 5, 2023 | 10:11 am
Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023 The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons. Reuters | December 4, 2023 | 10:06 am
Platinum mine disaster kills 11 workers in South Africa The accident occurred at a mine owned by Impala Platinum Holdings when an elevator, transporting workers to the surface, malfunctioned. Bloomberg News | November 28, 2023 | 7:53 am
Gold nanoparticles create purple smoke Researchers have solved a 400-year-old alchemy puzzle. Staff Writer | November 27, 2023 | 5:05 am
Anglo consults South Africa on potential platinum, iron job cuts Miner is considering cutting jobs at two units in South Africa because of declining platinum-group metal prices. Bloomberg News | November 24, 2023 | 7:02 am
Your phone vibrates thanks to a platinum-based material A platinum-based actuator material converts energy into movement. Staff Writer | November 24, 2023 | 6:01 am
Sibanye shares plunge on convertible bond sale The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value. Bloomberg News | November 21, 2023 | 9:49 am
Platinum market faces smaller deficit in 2024, WPIC says Demand for platinum is expected to decline by 6% to 7.7 million troy ounces in 2024. Reuters | November 21, 2023 | 9:11 am