Hybrid cars throw lifeline to platinum metalsPGMs - 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 dividendThe company decided not to pay a final dividend for…Reuters | September 6, 2024 | 6:52 am
Sibanye flags loss after $420 million US asset writedownThe company said in the half year it saw a…Reuters | September 2, 2024 | 9:05 am
Rio Tinto ups stake in Sovereign Metals with $12.4m investment The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%. Cecilia Jamasmie | July 3, 2024 | 3:50 am
Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western Australia. Reuters | July 2, 2024 | 3:59 pm
Impala Platinum reports strike at Bafokeng operations Impala has said it could cut 3,900 jobs as it restructures its South African operations. Reuters | July 2, 2024 | 10:00 am
Sibanye ‘will have to’ shutter US mine unless palladium recovers Sibanye took a $2.1 billion writedown on its unprofitable US assets earlier this year. Bloomberg News | June 26, 2024 | 9:47 am
Sibanye CEO says may close metals streaming deal in third quarter The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices. Reuters | June 25, 2024 | 9:20 am
Karelian says independent report confirms nickel and copper in Northern Ireland Assessment prepared by an independent consultant confirms the potential for nickel, copper and PGMs at the company's licences. Staff Writer | June 24, 2024 | 5:51 am
Friedland, McEwen back Power Nickel’s “oversubscribed” $15m funding The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec. Cecilia Jamasmie | June 24, 2024 | 3:39 am
Short covering, tight nearby supply briefly drive palladium above $1,000/oz Palladium, mainly used in the autocatalysts curbing harmful emissions, saw a 39% slump in 2023. Reuters | June 21, 2024 | 10:43 am
Gold price down 1%, but set for second straight weekly gain Gold has benefited from a run of soft economic data this week. Staff Writer | June 21, 2024 | 8:01 am