Sibanye shares plunge on convertible bond sale The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value. Bloomberg News | November 21, 2023 | 9:49 am
Platinum market faces smaller deficit in 2024, WPIC says Demand for platinum is expected to decline by 6% to 7.7 million troy ounces in 2024. Reuters | November 21, 2023 | 9:11 am
Wheaton Precious Metals secures $530m in existing streams The miner will acquire existing royalty streams on Ivanhoe Mines’s Platreef project in South Africa. Staff Writer | November 16, 2023 | 10:45 am
Zimbabwe platinum miners ask government to defer export tax Miners have asked the government to defer its planned 5% export tax on concentrates. Bloomberg News | November 14, 2023 | 7:59 am
UK sanctions on Russian plant send jitters through palladium Britain on Wednesday announced sanctions on Krastsvetmet, the main refinery used by top palladium producer Norilsk Nickel. Bloomberg News | November 10, 2023 | 11:59 am
Palladium price drops below $1,000 as demand from key car sector wanes Palladium demand has also been pressured in recent years after it became much more expensive than sister metal platinum. Bloomberg News | November 9, 2023 | 9:42 am
Generation Mining gets key approvals for Marathon palladium-copper project in Ontario Over the LOM, the Marathon project is anticipated to produce 2.1 million ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver. Staff Writer | November 8, 2023 | 4:09 pm
Impala Platinum starts voluntary job cuts at South Africa mines The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%. Reuters | November 7, 2023 | 7:08 am
Zimbabwean miners set for big profit slump next year – report Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%. Reuters | November 6, 2023 | 6:43 am
