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South African court clears way for Sibanye’s acquisition of Lonmin

The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Cecilia Jamasmie | May 17, 2019 | 7:00 am

Sibanye-Stillwater plans to resume dividend payments in 2020

The company also expects to halve the amount of job cuts previously announced in the gold division to around 3,000.

Reuters | May 16, 2019 | 11:25 am

Army puts backers off multibillion-dollar Zimbabwe platinum mine

A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers.

Bloomberg News | May 15, 2019 | 10:07 am

Platinum firms gear up for tough South Africa wage talks

A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.

Reuters | May 15, 2019 | 9:08 am

Lonmin likely to cut fewer jobs due to revenue boost – CEO

Higher prices for a basket of Lonmin's metals and a weaker South African rand helped the London-listed miner to an annual pre-tax profit in 2018, its first since 2013.

Reuters | May 15, 2019 | 8:59 am

Platinum market is turning a corner as supplies start to tighten

Prices of the metal mostly used in autocatalysts are off to the best start to a year since 2016 as investors flock back to exchange-traded funds.

Bloomberg News | May 13, 2019 | 9:42 am

Investors, autos to fuel platinum deficit in 2019 – Johnson Matthey

Specialist materials firm Johnson Matthey forecast a 127,000-ounce platinum shortfall this year, after surpluses of 372,000 and 44,000 ounces in 2018 and 2017 respectively.

Reuters | May 13, 2019 | 9:10 am

Transition Metals optimistic after running MT survey at platinum-palladium project in Ontario

As a result of the survey, 235 hectares in 11 new claims were added to the northern portion of the Saturday Night project.

MINING.COM Staff Writer | May 7, 2019 | 6:43 am

Minnesota environmentalists step up fight against Twin Metals’ copper project

Coalition has gone to court challenging a Trump administration’s decision that opened the door to Twin Metals’ copper, nickel and platinum project in a wilderness area of Minnesota.

Cecilia Jamasmie | May 6, 2019 | 7:00 am

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Precious metals outlook 2021: Renewable energy will be a key driver

Sibanye-Stillwater exceeds PGM, gold production guidance

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