Implats to close North American Palladium takeover this week The C$758 million transaction, which was first announced in October, remains on track to close on December 13. Jackson Chen | December 10, 2019 | 11:58 am
Palladium tops $1,900 as South Africa power cuts fuel supply woe Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.” Bloomberg News | December 10, 2019 | 9:24 am
South African mines grind to halt as floods worsen power crisis Sector is experiencing the largest power blackouts in more than a decade. Reuters | December 10, 2019 | 4:37 am
Nornickel and Trafigura test metal trading using tokens Nornickel aims for the tokens to account for as much as 20% of its metals sales, possibly within the next couple of years. Bloomberg News | December 5, 2019 | 1:28 pm
Friedland regains control over large chunk of Ivanhoe shares Friedland previously pledged 25m shares in Vancouver-based company to a bank. Frik Els | December 2, 2019 | 3:08 pm
Tharisa’s profits dive 83% as output declines Pretax profit fell to $11.2 million for the year ended Sept. 30, from $65.0 million a year earlier. Reuters | November 28, 2019 | 9:08 am
Anglo CEO urges South Africa to upgrade rail, ports to boost mining The government must tackle unresolved issues in the mining charter and “bring stability” to Eskom. Bloomberg News | November 27, 2019 | 12:04 pm
Zimbabwe miners appeal to minister over power supply failure Zesa Holdings has broken its promise to “ring-fence” supplies to miners. Bloomberg News | November 26, 2019 | 7:46 am
Platinum catch-22 prevents miners tapping the hottest metals South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum. Bloomberg News | November 22, 2019 | 9:26 am
