Palladium Top Stories

Glencore makes additional investment in Stillwater Critical Minerals

Last June, the commodity trading giant made its first investment in the critical minerals explorer.

Staff Writer | March 29, 2024 | 8:50 am

Nornickel says financial stability is priority, not dividends

Nornickel's 2023 net profit and revenue declined due to low…

Reuters | March 29, 2024 | 5:28 am

Magna Mining signs offtake deal with Vale for Crean Hill project

Under the agreement, initial production from Crean Hill would be…

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…

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…

Reuters | March 20, 2024 | 7:28 am

Legacy uses AI to discover platinum in Australia

Proponents predict AI will be indispensable to help the industry ramp up the supply of battery metals for the global energy transition to fight climate change.

Colin McClelland | February 26, 2024 | 8:14 am

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.

Cecilia Jamasmie | February 23, 2024 | 5:26 am

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

Reuters | February 22, 2024 | 9:51 am

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

Reuters | February 22, 2024 | 6:49 am

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

Reuters | February 21, 2024 | 7:54 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

Amplats plans to cut thousands of jobs after profit plunge

Anglo American Platinum's profit plunged by 71% last year.

Reuters | February 19, 2024 | 7:56 am

Sibanye-Stillwater, Heraeus team up to save palladium

The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.

Cecilia Jamasmie | February 15, 2024 | 5:29 am

Palladium price heads for biggest one-day gain in two months on short covering

Last week, palladium had fallen below platinum for the first time since 2018.

Reuters | February 14, 2024 | 9:48 am

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