Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuringThe planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. Cecilia Jamasmie | April 11, 2024 | 3:45 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
Nornickel completes stock splitThe Russian miner has converted each share into 100.Reuters | April 4, 2024 | 8:21 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
Canada plans scrutiny of Chinese offtake deals, minister says at PDAC Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral transactions. Colin McClelland | March 6, 2024 | 3:04 pm
Platinum’s worst crisis in decades hits jobs in South Africa The nation’s platinum sector — which accounts for about 70% of global output — has been a key export industry. Bloomberg News | March 6, 2024 | 10:11 am
Platinum deficit in 2024 to be deeper than expected – WPIC Platinum demand surged 25% in 2023, seen down 6% in 2024. Reuters | March 6, 2024 | 7:43 am
Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer. Reuters | March 5, 2024 | 7:21 am
Magnesium may offer best solution for storing hydrogen Using computational science, researchers have developed a fluorine-substituted high-voltage stable chloride-based solid-state electrolyte. Staff Writer | March 4, 2024 | 6:06 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am