Zimbabwe platinum miners ask government to defer export tax

Miners have asked the government to defer its planned 5% export tax on concentrates.

Bloomberg News | November 14, 2023 | 7:59 am

UK sanctions on Russian plant send jitters through palladium

Britain on Wednesday announced sanctions on Krastsvetmet, the main refinery used by top palladium producer Norilsk Nickel.

Bloomberg News | November 10, 2023 | 11:59 am

Palladium price drops below $1,000 as demand from key car sector wanes

Palladium demand has also been pressured in recent years after it became much more expensive than sister metal platinum.

Bloomberg News | November 9, 2023 | 9:42 am

Generation Mining gets key approvals for Marathon palladium-copper project in Ontario

Over the LOM, the Marathon project is anticipated to produce 2.1 million ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver.

Staff Writer | November 8, 2023 | 4:09 pm

Impala Platinum starts voluntary job cuts at South Africa mines

The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%.

Reuters | November 7, 2023 | 7:08 am

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%.

Reuters | November 6, 2023 | 6:43 am

New theory aims to explain how gold, platinum deposits formed on earth’s mantle

The new theory centers around a thin, "transient" region of the mantle, where its shallow part melts and its deeper part remains solid.

Staff Writer | November 6, 2023 | 6:06 am

Nornickel board recommends dividend, approves stock split

Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years.

Reuters | November 3, 2023 | 6:24 am

Sibanye-Stillwater eyes cuts at US mines on weak palladium prices

It warned of further changes at its palladium mines in the US as prices for the main PGMs have fallen faster than it anticipated.

Cecilia Jamasmie | November 2, 2023 | 4:06 am

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