October 4, 2023

South African mining profits slump by almost half, report says

An analysis of 29 domestic mining companies showed that combined net income slumped to 108 billion rand in their latest financial years, from a record 206 billion rand.

October 4, 2023

Sibanye CEO warns of platinum mining job losses as price plummets

South African platinum group metal miners are battling an electricity crisis that has impacted output and increased costs.

September 14, 2023

Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk

Potential revision of the Kloof 4 shaft in South Africa comes after numerous failed attempts to address productivity and operational issues.

September 8, 2023

Nornickel says cash flow not yet stable enough to resume dividends

Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years.

September 7, 2023

The great platinum deficit: Council forecasts record demand in 2023

The WPIC forecasts a record 1-million-oz. platinum deficit for 2023.

September 6, 2023

Platinum market faces record deficit, WPIC says

Demand for platinum is on track to grow 27% to 8.2 million troy ounces in 2023.

September 4, 2023

Miner ARM to tread carefully in hunt for overpriced green assets

African Rainbow Minerals is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets.

August 31, 2023

Impala boss says speed of palladium and rhodium price falls was a surprise

Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year.

August 30, 2023

India to start critical mineral blocks auction process this year

The blocks are for minerals including nickel, lithium, cobalt and platinum, along with rare earths.

August 25, 2023

What the ascent of hydrogen as a renewable resource means for platinum demand

The emerging global hydrogen supply chain is essentially “made of platinum,” says Bank of America Global Research commodities strategist Michael Widmer.