August 11, 2022

Sibanye Stillwater CEO says market conditions not ideal for gold M&A

Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."

August 11, 2022

Sibanye cuts US palladium mines output forecast after floods

Company now expects its US PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580,000 ounces expected previously.

August 3, 2022

Analysts slash platinum and palladium forecasts amid global slowdown

Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900.

August 2, 2022

Nornickel reduces nickel, palladium sales in H1 as supply chains disrupted

Nornickel's first-half sales of nickel fell by 6%, palladium by 4% and platinum by 18%.

August 2, 2022

RBPlat posts 58% fall in H1 profit on lower metal prices, soaring costs

Platinum group metals have come off their highs seen during the early part of 2021, when the global economy started to emerge from the covid-19 shutdowns.

July 28, 2022

Zimbabwe to raise taxes on platinum, lithium to boost revenue

The southern African country is the third largest producer of platinum, after South Africa and Russia.

July 25, 2022

Amplats sees pick up in switch to platinum from palladium

The market could see up to a million ounces of palladium switched for platinum, Amplats finance director said.

July 25, 2022

Anglo American Platinum shares fall after half-year profit drops 43%

The company said inflationary pressures and tightening monetary policy would continue to have an impact on the mining industry.

July 8, 2022

Top 50 mining stocks lose $600bn in market value from peak

After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.     

July 1, 2022

Gold price keeps its shine as other precious metals fade

Gold has held up well relative to silver and platinum.