Sibanye CEO says may close metals streaming deal in third quarter The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices. Reuters | June 25, 2024 | 9:20 am
Karelian says independent report confirms nickel and copper in Northern Ireland Assessment prepared by an independent consultant confirms the potential for nickel, copper and PGMs at the company's licences. Staff Writer | June 24, 2024 | 5:51 am
Friedland, McEwen back Power Nickel’s “oversubscribed” $15m funding The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec. Cecilia Jamasmie | June 24, 2024 | 3:39 am
Short covering, tight nearby supply briefly drive palladium above $1,000/oz Palladium, mainly used in the autocatalysts curbing harmful emissions, saw a 39% slump in 2023. Reuters | June 21, 2024 | 10:43 am
Gold price down 1%, but set for second straight weekly gain Gold has benefited from a run of soft economic data this week. Staff Writer | June 21, 2024 | 8:01 am
Sibanye loosens debt covenants to boost cash amid lower prices The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities. Reuters | June 7, 2024 | 7:34 am
Underground strike ends at Sibanye’s Kroondal operation The protest started on Monday when more than 200 employees and contractors staged a sit-in. Staff Writer | June 5, 2024 | 11:35 am
Palladium not written off the road yet, miners say Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum Investment Council said. Colin McClelland | June 5, 2024 | 9:38 am
Sibanye hit by underground protest at South Africa mine The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees. Staff Writer | June 4, 2024 | 2:49 pm
