Platinum Top Stories

BHP insists Anglo American’s South African assets must go in any takeover

BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).

Reuters | May 7, 2024 | 4:46 am

Grid Metals increases resource by a third at copper-nickel project in Manitoba

The combined indicated open pit resources increased by 12.4 million…

Staff Writer | May 6, 2024 | 10:37 am

BHP bombshell puts South African mining in a hole

South African officials have so far given BHP’s proposal a…

Reuters | May 6, 2024 | 9:51 am

Goldman Sachs settles 2014 class action lawsuit tied to metal trades

The bank allegedly violated antitrust laws by conspiring to manipulate…

Reuters | May 3, 2024 | 8:02 am

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

CEO Duncan Wanblad is meeting minister Gwede Mantashe for the…

Reuters | May 3, 2024 | 6:46 am

Latest Stories

Palladium price drops below platinum for first time in five years

Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, accounting for 80% of demand, to start replacing it with cheaper platinum in autocatalysts.

Staff Writer | February 8, 2024 | 8:30 am

Scientists develop solution to avoid gold particle corrosion

Gold is generally resilient but if it’s in the form of tiny particles, it suffers negatively from heat, pressure, corrosion, oxidation and other conditions.

Staff Writer | February 7, 2024 | 6:06 am

Sibanye CEO pushes on with copper hunt after failed Zambian bid

The precious metals producer is still looking for copper assets to buy across the African copper belt.

Reuters | February 5, 2024 | 7:13 am

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.

Reuters | February 5, 2024 | 7:04 am

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

Russian oligarch Potanin wins divorce claim appeal, case continues

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.

Reuters | January 31, 2024 | 8:21 am

Nornickel forecasts further nickel, palladium output drop this year

The miner said it was hit by adverse geopolitical risks and postponed furnace repairs, following a drop in production in 2023.

Reuters | January 29, 2024 | 7:02 am

Chiefs of Ontario ask provincial government for year-long moratorium on mine claims staking

The move follows and exponential rise in the number of mining claims being staked over the past year on First Nations territories.

Amanda Stutt | January 26, 2024 | 1:58 pm

Wyloo looks ahead to Ring of Fire development despite Indigenous resistance

Mine planning is underway for an updated feasibility study on Eagle’s Nest next year.

Staff Writer | January 25, 2024 | 10:57 am

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