MINING.COM

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

Zimbabwe to raise taxes on platinum, lithium to boost revenue

The southern African country is the third largest producer of platinum, after South Africa and Russia.

Bloomberg News | July 28, 2022 | 8:02 am

China’s palladium imports from Russia rise to a record high

The world’s biggest miner of the precious metal is rerouting shipments as many of its usual customers shun its goods following the invasion of Ukraine.

MINING.COM Staff Writer | July 26, 2022 | 8:41 am

Amplats sees pick up in switch to platinum from palladium

The market could see up to a million ounces of palladium switched for platinum, Amplats finance director said.

Reuters | July 25, 2022 | 9:51 am

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New tech may boost development of lithium-CO2 batteries

Talon Metals’ shares rise on news of high-grade nickel-copper and PGE results in Minnesota

Chromium may start replacing noble metals in cell phone screens

Sibanye braced for profit hit from lower prices, US output

Amplats taps finance director to replace Viljoen as new CEO

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