Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am
Legacy uses AI to discover platinum in Australia Proponents predict AI will be indispensable to help the industry ramp up the supply of battery metals for the global energy transition to fight climate change. Colin McClelland | February 26, 2024 | 8:14 am
Sibanye-Stillwater to cut 2,600 jobs in South Africa The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. Cecilia Jamasmie | February 23, 2024 | 5:26 am
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit. Reuters | February 22, 2024 | 6:49 am
In election year, South African mines bleed cash, jobs The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits. Reuters | February 21, 2024 | 7:54 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
Amplats plans to cut thousands of jobs after profit plunge Anglo American Platinum's profit plunged by 71% last year. Reuters | February 19, 2024 | 7:56 am
Sibanye-Stillwater, Heraeus team up to save palladium The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal. Cecilia Jamasmie | February 15, 2024 | 5:29 am
