After a decade in the doldrums, South Africa’s key platinum industry reported windfall profits last month as supply deficits pushed palladium and rhodium to record highs.

The blistering pace of gains that has pushed South African platinum stocks to the highest in more than 12 years looks likely to be sustained.

Operations at the Oktyabrsky and Taimyrsky mines are unlikely to restart fully for another 3-4 months.

Putin asked Russia's tax service to provide a detailed report to him each quarter about the profits of Russia's largest companies and whether they are being invested in projects inside the country.

The company recently released assays from five recent drill holes between the Valhalla and Garden zones.

The leak of 21,000 tonnes of diesel into rivers and subsoil from a rusty-looking storage tank at mining firm Nornickel's power plant in Siberia angered President Vladimir Putin.

Nornickel could loose 4-5% of its 2021 output if the two mines are suspended for one month.