March 26, 2018

Platinum mines in the world’s top producer are shrinking

Producers in South Africa are closing shafts and cutting jobs as a stronger rand combines with stagnating prices for the metal in squeezing profit margins.

March 22, 2018

Zimbabwe hopes to transform mining sector with $4.2 bln platinum deal

It was unclear where all the funding would come from and analysts said the project start date of July looked very ambitious.

March 20, 2018

South Africa black ownership to roll out in May

Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black…

March 19, 2018

Zimbabwe changes majority black ownership for diamond, platinum mines

The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.

March 9, 2018

Battle to keep Lonmin platinum deal alive hinges on the rand

The strengthening rand, which squeezes profits for both producers, could make the transaction less attractive for Sibanye.

March 8, 2018

Platinum market forecast to remain in balance in 2018

Global platinum supply is forecast to be 7,815 koz in 2018, a decline of 2% from 2017.

March 8, 2018

South Africa’s AngloGold backs Randgold’s negotiations with Congo govt

Mining companies operating in the country vigorously oppose new code to be signed into law.

February 28, 2018

South Africa’s mining charter to be finalized in three months

Uncertainty around the charter has deterred investment into a sector that accounts for 8% of gross domestic product in the world's top platinum producer

February 27, 2018

Platinum price crashes through $1,000 after German diesel ban

Emissions scrubbing in vehicles accounts for over 40% of platinum demand, and landmark ruling will hasten demise of engine technology.

February 26, 2018

Unloved platinum stocks show promise for $45 billion manager

Some platinum stocks are looking attractive again as oversupply that depressed prices for years subsides.