New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
Tharisa full-year profit down 31% on weak PGM prices Weak PGM prices and uncertain global economic prospects have forced Tharisa to delay commissioning its $361 million Karo mine. Reuters | December 14, 2023 | 2:35 pm
Palladium price surges 12% as UK sanctions target Russia metals Palladium is headed for its biggest gain since March 2020. Bloomberg News | December 14, 2023 | 9:44 am
New platinum ETF fund drives investor capital to South Africa The fund launched in 2013 allows direct investments in platinum traded on the spot market and registered the highest inflows among locally listed funds. Bloomberg News | December 13, 2023 | 10:41 am
Manganese may pave the way for inclusion of organic light-emitting diodes in consumer electronics Manganese was the key ingredient in developing white and green organic light-emitting diodes displaying record high efficiency. Staff Writer | December 13, 2023 | 6:10 am
Anglo American’s falling shares fuel takeover rumours Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers. Cecilia Jamasmie | December 12, 2023 | 4:03 am
S. Africa mine sit-in by protesting workers enters third day The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees. Bloomberg News | December 8, 2023 | 9:25 am
Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines. Staff Writer | December 8, 2023 | 8:07 am
Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs. Reuters | December 7, 2023 | 8:43 am
