November 24, 2023

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.

November 24, 2023

Your phone vibrates thanks to a platinum-based material

A platinum-based actuator material converts energy into movement.

November 21, 2023

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.

November 21, 2023

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.

November 16, 2023

Wheaton Precious Metals secures $530m in existing streams

The miner will acquire existing royalty streams on Ivanhoe Mines’s Platreef project in South Africa.

November 14, 2023

Zimbabwe platinum miners ask government to defer export tax

Miners have asked the government to defer its planned 5% export tax on concentrates.

November 10, 2023

UK sanctions on Russian plant send jitters through palladium

Britain on Wednesday announced sanctions on Krastsvetmet, the main refinery used by top palladium producer Norilsk Nickel.

November 7, 2023

Impala Platinum starts voluntary job cuts at South Africa mines

The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%.

November 6, 2023

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%.

November 6, 2023

New theory aims to explain how gold, platinum deposits formed on earth’s mantle

The new theory centers around a thin, "transient" region of the mantle, where its shallow part melts and its deeper part remains solid.