Platinum Top Stories

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

Bloomberg News | May 15, 2024 | 9:24 am

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or…

Cecilia Jamasmie | May 14, 2024 | 4:04 am

Anglo American rejects BHP’s revised $43 billion proposal

Anglo American stated that the new offer was "highly unattractive"…

Staff Writer | May 13, 2024 | 8:21 am

Platinum’s shortage to persist as EV slowdown fuels demand

Demand for the metal in autocatalyst is expected to rise…

Bloomberg News | May 13, 2024 | 7:05 am

Platinum, palladium, rhodium prices seen down in 2024 despite deficit, Metals Focus says

Average prices are expected to fall this year compared with…

Reuters | May 13, 2024 | 6:53 am

Legacy uses AI to discover platinum in Australia

Proponents predict AI will be indispensable to help the industry ramp up the supply of battery metals for the global energy transition to fight climate change.

Colin McClelland | February 26, 2024 | 8:14 am

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.

Cecilia Jamasmie | February 23, 2024 | 5:26 am

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

Reuters | February 22, 2024 | 9:51 am

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

Reuters | February 22, 2024 | 6:49 am

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

Reuters | February 21, 2024 | 7:54 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

Amplats plans to cut thousands of jobs after profit plunge

Anglo American Platinum's profit plunged by 71% last year.

Reuters | February 19, 2024 | 7:56 am

Sibanye-Stillwater, Heraeus team up to save palladium

The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.

Cecilia Jamasmie | February 15, 2024 | 5:29 am

Palladium price heads for biggest one-day gain in two months on short covering

Last week, palladium had fallen below platinum for the first time since 2018.

Reuters | February 14, 2024 | 9:48 am

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