Platinum Top Stories

African Rainbow Minerals pivots to chrome and copper after platinum price slump

The basket price of PGMs fell about 40% last year and the slide has continued into 2024.

Reuters | September 6, 2024 | 6:49 am

Sibanye flags loss after $420 million US asset writedown

The company said in the half year it saw a…

Reuters | September 2, 2024 | 9:05 am

Northam Platinum profit drops on weak prices as output rises

Northam said profit fell almost 30% in the last fiscal…

Bloomberg News | August 30, 2024 | 7:29 am

Impala chief sees no new platinum mines built in South Africa amid EV threat

Impala is curbing new investment after headline earnings in the…

Reuters | August 29, 2024 | 9:57 am

Sibanye finalizes $101m gold prepayment deal, refinances credit facility

The metals producer's profits tumbled $2 billion last year due…

Reuters | August 21, 2024 | 7:23 am

Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.

Frik Els | July 10, 2024 | 6:15 pm

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

China to launch its first platinum, palladium futures

The Guangzhou Futures Exchange will be the first exchange to allow delivery against its contracts in a form used by the main consumers.

Reuters | July 9, 2024 | 6:50 am

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Ramp Metals plunges after new gold assays in Saskatchewan

Ramp is betting on a geological trend 30 km southwest of the historical Rottenstone open pit mine.

Colin McClelland - The Northern Miner | July 8, 2024 | 10:52 am

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%.

Cecilia Jamasmie | July 3, 2024 | 3:50 am

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African Rainbow Minerals pivots to chrome and copper after platinum price slump

Sibanye flags loss after $420 million US asset writedown

Northam Platinum profit drops on weak prices as output rises

Impala chief sees no new platinum mines built in South Africa amid EV threat

Sibanye finalizes $101m gold prepayment deal, refinances credit facility

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Mining vs AI: What’s wrong with this picture?

Mining’s top 50 companies: two more lithium stocks drop out

China to launch its first platinum, palladium futures

Anglo American kicks off coal assets sale — report

Ramp Metals plunges after new gold assays in Saskatchewan

Rio Tinto ups stake in Sovereign Metals with $12.4m investment

Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project

Impala Platinum reports strike at Bafokeng operations

Sibanye ‘will have to’ shutter US mine unless palladium recovers