Platinum Top Stories

Sibanye-Stillwater eyes cuts at US mines on weak palladium prices

It warned of further changes at its palladium mines in the US as prices for the main PGMs have fallen faster than it anticipated.

Cecilia Jamasmie | November 2, 2023 | 4:06 am

Impala Platinum to cut spending after metal price decline

Platinum prices are down about 15% so far in 2023.

Reuters | October 31, 2023 | 7:49 am

Ottawa’s interim plan to regulate large resource projects causing confusion for Ring of Fire stakeholders

The Supreme Court said earlier this month that the federal…

Niall McGee - The Globe and Mail | October 30, 2023 | 12:09 pm

Over 4,000 jobs on the line with Sibanye-Stillwater’s latest restructuring

Announcement comes barely six weeks after the company kicked off…

Cecilia Jamasmie | October 25, 2023 | 5:53 am

Amplats Q3 refined PGM output down 9%, maintains production guidance

The world's biggest platinum miner by value produced 909,700 ounces…

Reuters | October 24, 2023 | 9:53 am

South Africa’s PIC won’t sell stake key to platinum takeover battle

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.

Bloomberg News | November 17, 2022 | 7:48 am

South Africa’s competition tribunal approves Impala-RB Platinum merger

The tribunal said the conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts.

Reuters | November 16, 2022 | 10:25 am

LME decides against ban on Russian metal

The metals industry has spent weeks debating what to do about supplies from Russia, which is a major producer of copper, nickel, aluminum and palladium.

Bloomberg News | November 11, 2022 | 12:15 pm

Northam steps up bidding war with formal offer for RBPlat

Northam has presented a formal offer of 172.7 rand per share, escalating a takeover battle with bigger rival Impala Platinum.

Reuters | November 9, 2022 | 9:40 am

Magna plans drilling at Denison nickel-copper project after ‘considerable’ resource estimate

Magna is exploring the restart of a past-producing underground mine and adding an open-pit operation to the site, also known as Crean Hill.

Staff Writer | November 8, 2022 | 10:56 am

Zimbabwe’s new mineral royalty policy comes into force

The government plans to start collecting half of the royalties from gold, diamonds, platinum group metals, and lithium.

Reuters | November 8, 2022 | 7:45 am

Economic slump nudges down platinum and palladium forecasts

Prices of the two metals are largely unchanged from the start of the year.

Reuters | November 3, 2022 | 7:48 am

US busts catalytic converter theft ring that extracted metals

Metal thieves in search of platinum, rhodium and palladium have been stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the country.

Bloomberg News | November 2, 2022 | 4:45 pm

New platinum, palladium catalyst able to deal with methane emissions for good

A new palladium and platinum catalyst is able to eliminate methane emissions from transport and other human activities.

Staff Writer | November 2, 2022 | 6:06 am

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