Platinum Top Stories

Biggest Africa investor goes to London for Lonmin decision

South Africa’s Public Investment Corp. faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner.

Bloomberg News | May 23, 2019 | 9:37 am

Zimbabwe mine output subdued in first quarter as dollar crunch bites

Gold deliveries to central bank unit Fidelity Printers and Refiners,…

Reuters | May 22, 2019 | 10:19 am

Sibanye keeps option to increase Lonmin offer against rival bid

Sibanye Gold reiterated that its increased offer for Lonmin is…

Bloomberg News | May 20, 2019 | 9:35 am

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

The transaction would create the world’s No.2 platinum producer as…

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…

Reuters | May 16, 2019 | 11:25 am

Platinum price: VW taketh away, Toyota giveth

Platinum price up 14% in two weeks gets further boost as Toyota unveils big push into fuel cell cars where PGM loadings are typically 7 times higher.

Frik Els | October 16, 2015 | 2:51 pm

BHP raising $6.5bn fresh sign of mining turnaround

"There'll always be investors wanting to get in early, but the junior market would only really start to benefit once majors instil investor confidence."

Frik Els | October 15, 2015 | 10:24 pm

The value of South Africa’s top miners more than halved in just a year

The dramatic fall in overall market capitalization reflects, according to PwC, the impact of the ongoing commodities rout and other challenges the local industry has faced in the last year.

Cecilia Jamasmie | October 14, 2015 | 9:05 am

S. Africa’s main coal union accepts wage offer, ends strike

The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.

Cecilia Jamasmie | October 13, 2015 | 5:25 am

South Africa gold companies face massive lung disease suit

Hundreds of thousands of workers are suing 32 gold mining firms after contracting silicosis and tuberculosis working the country's ultra-deep gold mines.

Frik Els | October 12, 2015 | 12:59 pm