China to launch platinum, palladium futures in Q1, producers’ council saysThe contracts will be the first domestic price-hedging mechanism for platinum and palladium in China.Reuters | October 15, 2024 | 8:02 am
Sibanye-Stillwater faces $522 million compensation claim over scrapped mine dealThe South African miner must compensate Appian for the losses…Cecilia Jamasmie | October 14, 2024 | 3:28 am
Teck options Canterra project in Ring of FireCanterra calls this area of the James Bay Lowlands ‘largely…Staff Writer | October 1, 2024 | 12:45 pm
Anglo American nets over $400m from platinum unit share sale amid demerger plans An accelerated bookbuild offering of about 13 million shares of Amplats was launched on Tuesday. Reuters | September 11, 2024 | 6:17 am
Anglo American launches share sale in platinum unit amid demerger plans The shares on offer represent about 5% of Amplats' total issued ordinary shares. Reuters | September 10, 2024 | 10:15 am
EV slump powers platinum supply deficit, investment council says The price of platinum has fallen about 4% this year to about $950 per oz. Colin McClelland - The Northern Miner | September 10, 2024 | 7:04 am
Hybrid cars throw lifeline to platinum metals PGMs - principally platinum and palladium - face a long-term structural decline in demand as their main use has been to clean auto exhausts. Reuters | September 10, 2024 | 7:04 am
Rusal says board recommends not paying H1 dividend The company decided not to pay a final dividend for 2022 and did not pay for 2023. Reuters | September 6, 2024 | 6:52 am
African Rainbow Minerals pivots to chrome and copper after platinum price slump The basket price of PGMs fell about 40% last year and the slide has continued into 2024. Reuters | September 6, 2024 | 6:49 am
Sibanye flags loss after $420 million US asset writedown The company said in the half year it saw a 30% decline in the average dollar price for its US metal. Reuters | September 2, 2024 | 9:05 am
Northam Platinum profit drops on weak prices as output rises Northam said profit fell almost 30% in the last fiscal year. Bloomberg News | August 30, 2024 | 7:29 am
Impala chief sees no new platinum mines built in South Africa amid EV threat Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%. Reuters | August 29, 2024 | 9:57 am