CHART: Global mining and metals – a quick reality check Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry. Frik Els | September 19, 2024 | 1:15 pm
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million. Canadian Mining Journal Staff | September 17, 2024 | 9:57 am
Sibanye to slash output to turn around US palladium mines The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast. Bloomberg News | September 12, 2024 | 6:41 am
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 power company to implement rolling blackouts. 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 Amplats was launched on Tuesday. 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 issued ordinary shares. 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 to about $950 per oz. Colin McClelland - The Northern Miner | September 10, 2024 | 7:04 am
Hybrid cars throw lifeline to platinum metals PGMs - principally platinum and palladium - face a long-term structural decline in demand as their main use has been to clean auto exhausts. Reuters | September 10, 2024 | 7:04 am
