Heavy China platinum imports spur shortages elsewhere, WPIC says Lease rates for platinum peaked at around 10% in May, higher than at the peak of the pandemic. Reuters | September 5, 2022 | 8:51 am
Quebec Nickel drills greater than 1% nickel at Ducros project Three key targets so far at the project are Fortin Sill, the Ducros Sill Complex and the Ducros Gabbro. Northern Miner Staff | August 31, 2022 | 9:51 am
Northam Platinum posts profit dip as costs surge Increases in the price of chemicals, steel components, explosives and fuel drove Northam's production costs 18.9% higher. Reuters | August 26, 2022 | 8:00 am
Sibanye says new US Inflation Reduction Act offers opportunities Sibanye would consider more US assets if value accretive -CEO. Reuters | August 25, 2022 | 7:52 am
Sibanye warns on profit, shares tumble The company said gold production fell by 77% in the first half following a strike at its South African gold operations. Reuters | August 17, 2022 | 8:15 am
Magna Mining acquires Crean Hill mine with Lonmin Canada takeover The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million. Staff Writer | August 16, 2022 | 11:16 am
Sibanye Stillwater CEO says market conditions not ideal for gold M&A Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions." Reuters | August 11, 2022 | 10:38 am
Sibanye cuts US palladium mines output forecast after floods Company now expects its US PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580,000 ounces expected previously. Bloomberg News | August 11, 2022 | 7:39 am
Analysts slash platinum and palladium forecasts amid global slowdown Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900. Reuters | August 3, 2022 | 8:06 am
