Platinum Group Metals boosts reserves at Waterberg mine with new DFS

The mine would be built on one of the largest platinum mining concessions in the country.

Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals.

Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.

The largest union in the platinum industry wants its members to share the benefits of higher prices.

South Africa’s parliament approved a long-delayed carbon tax bill in February as part of plans to reduce harmful emissions in the country.

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

The metal hit an all-time high on March 21 after a massive rally that spurred predictions a reversal was inevitable.

Nornickel aims to ramp up nickel output and tap an expected boom in demand from electric vehicle makers.

South African mining companies are challenging parts of a government charter aimed at redistributing the country’s mineral wealth, saying it will deter new investment in the industry.