CHART: Mining’s covid-19 capital spending cuts top $6bn

Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.

Implats isn’t the only one facing difficulties, with about half of the industry’s production estimated to be unprofitable.

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.

“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."

Amid the warnings, copper was listed as the top pick after palladium.

Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.

Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.

US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.