UK fraud watchdog must pay damages to ENRC, court rules

ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests.

Reuters | December 21, 2023 | 8:31 am

Platinum miners’ underground protest in South Africa goes on

Impala Platinum has stated that an underground protest at the Bafokeng Rasimone mine remains unresolved, with more than 2,000 workers still below the surface.

Bloomberg News | December 20, 2023 | 8:13 am

Plummeting platinum group prices could worsen shortage — report

PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined.

Colin McClelland | December 15, 2023 | 8:00 am

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

Bloomberg News | December 15, 2023 | 6:41 am

Tharisa full-year profit down 31% on weak PGM prices

Weak PGM prices and uncertain global economic prospects have forced Tharisa to delay commissioning its $361 million Karo mine.

Reuters | December 14, 2023 | 2:35 pm

Palladium price surges 12% as UK sanctions target Russia metals

Palladium is headed for its biggest gain since March 2020.

Bloomberg News | December 14, 2023 | 9:44 am

New platinum ETF fund drives investor capital to South Africa

The fund launched in 2013 allows direct investments in platinum traded on the spot market and registered the highest inflows among locally listed funds.

Bloomberg News | December 13, 2023 | 10:41 am