Sibanye cuts more jobs after shutting loss-making Marikana shaftSome 469 employees were transferred to Sibanye's other PGM operations, while another 226 were taken off the payroll.Reuters | April 18, 2024 | 9:12 am
Flying Nickel updates Minago resource, including first PGM estimateThe MRE showed a 42% increase in the in-pit portion…Staff Writer | April 11, 2024 | 9:06 am
Sibanye may seek $500m via metals prepayment deals to boost cashThe precious metals producer saw profits tumble $2 billion last…Reuters | April 10, 2024 | 5:31 am
Magna Mining signs offtake deal with Vale for Crean Hill project Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing. Staff Writer | March 27, 2024 | 6:59 am
Platinum metals face structural hit to demand from electric vehicle revolution According to analysts at Macquarie, demand for both platinum and palladium from the auto sector will start falling beyond 2025. Reuters | March 20, 2024 | 10:30 am
Zimplats to offer voluntary job cuts after platinum price rout Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted. Reuters | March 20, 2024 | 7:28 am
Sibanye halts production at Rustenburg shaft after damage The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024. Reuters | March 20, 2024 | 5:50 am
Implats’ Zimbabwe unit plans voluntary job cuts to contain costs Weak platinum group metal prices are projected to last for the next 12 to 18 months. Bloomberg News | March 18, 2024 | 12:44 pm
South Africa optimistic for tax breaks to kick-start EV industry South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries. Bloomberg News | March 18, 2024 | 9:14 am
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo. Reuters | March 14, 2024 | 10:52 am
Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts New methods for the synthesis of drug precursors use catalysts made of iron, manganese and cobalt. Staff Writer | March 12, 2024 | 6:06 am
African Rainbow pauses Bokoni mine expansion plan after H1 profit fall The miner's headline earnings declined to $158.5 million in the six months to December 2023. Reuters | March 8, 2024 | 7:47 am