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Sibanye says new US Inflation Reduction Act offers opportunities

Sibanye would consider more US assets if value accretive -CEO.

Reuters | August 25, 2022 | 7:52 am

Sibanye warns on profit, shares tumble

The company said gold production fell by 77% in the first half following a strike at its South African gold operations.

Reuters | August 17, 2022 | 8:15 am

Magna Mining acquires Crean Hill mine with Lonmin Canada takeover

The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.

Staff Writer | August 16, 2022 | 11:16 am

Sibanye Stillwater CEO says market conditions not ideal for gold M&A

Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."

Reuters | August 11, 2022 | 10:38 am

Sibanye cuts US palladium mines output forecast after floods

Company now expects its US PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580,000 ounces expected previously.

Bloomberg News | August 11, 2022 | 7:39 am

Analysts slash platinum and palladium forecasts amid global slowdown

Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900.

Reuters | August 3, 2022 | 8:06 am

Nornickel reduces nickel, palladium sales in H1 as supply chains disrupted

Nornickel's first-half sales of nickel fell by 6%, palladium by 4% and platinum by 18%.

Reuters | August 2, 2022 | 10:52 am

RBPlat posts 58% fall in H1 profit on lower metal prices, soaring costs

Platinum group metals have come off their highs seen during the early part of 2021, when the global economy started to emerge from the covid-19 shutdowns.

Reuters | August 2, 2022 | 7:20 am

Nornickel boosts output of all key metals

Company kept its previous 2022 output forecast unchanged despite difficulties posed by Western sanctions against Moscow over Ukraine.

Reuters | July 28, 2022 | 8:34 am

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Sibanye braced for profit hit from lower prices, US output

Amplats taps finance director to replace Viljoen as new CEO

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Amplats expects operational improvement after tough first half

Indium, platinum, aluminum support development of brain-inspired computer chips

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