Platinum Top Stories

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.

Staff Writer | September 12, 2024 | 4:45 am

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned…

Bloomberg News | September 11, 2024 | 11:13 am

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of…

Reuters | September 11, 2024 | 6:17 am

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total…

Reuters | September 10, 2024 | 10:15 am

EV slump powers platinum supply deficit, investment council says

The price of platinum has fallen about 4% this year…

Colin McClelland - The Northern Miner | September 10, 2024 | 7:04 am

Anglo’s sale of De Beers hindered by diamond market state

Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.

Cecilia Jamasmie | July 18, 2024 | 4:33 am

Ramp Metals surges on Sprott backing for Saskatchewan project

Ramp compares its project with the eye structure of the Nova-Bollinger nickel-copper mine in Western Australia.

Colin McClelland - The Northern Miner | July 17, 2024 | 10:02 am

Nornickel to restart furnace at key smelter in early August

Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.

Reuters | July 12, 2024 | 7:08 am

Sibanye-Stillwater hit by cyberattack, says mining business unaffected

Smelter operations in Columbus, Ohio were impacted after its automated systems all went down.

Staff Writer | July 11, 2024 | 9:40 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

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