Implats’ Zimbabwe unit plans voluntary job cuts to contain costs Weak platinum group metal prices are projected to last for the next 12 to 18 months. Bloomberg News | March 18, 2024 | 12:44 pm
South Africa optimistic for tax breaks to kick-start EV industry South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries. Bloomberg News | March 18, 2024 | 9:14 am
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo. Reuters | March 14, 2024 | 10:52 am
Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts New methods for the synthesis of drug precursors use catalysts made of iron, manganese and cobalt. Staff Writer | March 12, 2024 | 6:06 am
African Rainbow pauses Bokoni mine expansion plan after H1 profit fall The miner's headline earnings declined to $158.5 million in the six months to December 2023. Reuters | March 8, 2024 | 7:47 am
Canada plans scrutiny of Chinese offtake deals, minister says at PDAC Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral transactions. Colin McClelland | March 6, 2024 | 3:04 pm
Platinum’s worst crisis in decades hits jobs in South Africa The nation’s platinum sector — which accounts for about 70% of global output — has been a key export industry. Bloomberg News | March 6, 2024 | 10:11 am
Platinum deficit in 2024 to be deeper than expected – WPIC Platinum demand surged 25% in 2023, seen down 6% in 2024. Reuters | March 6, 2024 | 7:43 am
Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer. Reuters | March 5, 2024 | 7:21 am
