September 11, 2024

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned power company to implement rolling blackouts.

September 11, 2024

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of Amplats was launched on Tuesday.

September 10, 2024

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total issued ordinary shares.

September 10, 2024

EV slump powers platinum supply deficit, investment council says

The price of platinum has fallen about 4% this year to about $950 per oz.

September 10, 2024

Hybrid cars throw lifeline to platinum metals

PGMs - principally platinum and palladium - face a long-term structural decline in demand as their main use has been to clean auto exhausts.

September 6, 2024

Rusal says board recommends not paying H1 dividend

The company decided not to pay a final dividend for 2022 and did not pay for 2023.

September 6, 2024

African Rainbow Minerals pivots to chrome and copper after platinum price slump

The basket price of PGMs fell about 40% last year and the slide has continued into 2024.

September 2, 2024

Sibanye flags loss after $420 million US asset writedown

The company said in the half year it saw a 30% decline in the average dollar price for its US metal.

August 30, 2024

Northam Platinum profit drops on weak prices as output rises

Northam said profit fell almost 30% in the last fiscal year.

August 29, 2024

Impala chief sees no new platinum mines built in South Africa amid EV threat

Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%.