September 18, 2017

Palladium price consensus forecasts point to end of the rally

Speculative frenzy not entirely supported by fundamentals.

September 18, 2017

About 2,500 jobs on the line at Impala Platinum’s Rustenburg operations

The miner warned further reductions could be in store at those operations, which employ 31,000 people.

September 14, 2017

S.African miner Lonmin says licence not at risk after ministry warning

The South African mines ministry has told platinum miner Lonmin that it failed to meet some of its social and labour obligations, the producer said on Tuesday, but added it…

September 14, 2017

S.Africa mining minister will not say contested charter is law – Chamber of Mines

Mines minister Mosebenzi Zwane had pledged in writing to a court that he would not publicly say changes to an industry charter were "law" until a judicial challenge has been…

September 12, 2017

South Africa’s NUMSA union demands 15 percent wage hike in coal sector

The National Union of Metalworkers of South Africa (NUMSA) has demanded Glencore raise coal mining wages by 15 percent.

September 8, 2017

South Africa’s chamber of mines says sector “in crisis”

South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of…

September 7, 2017

South Africa’s manufacturing, mining output disappoint as economy limps

Official figures released on Thursday signall a bad start for the second half of the year with business confidence at its lowest in more than three decades.

September 6, 2017

Platinum price pressured as market moves into oversupply

A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.

August 30, 2017

Sibanye halts divvy for first time as it swings to loss

The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.

August 18, 2017

Six precious metal explorers that may hit it big this summer

Summer is the season for drilling, and with the uptick in the precious metals market since 2016, companies are finally able to have the budgets to properly explore their prospects,…