Nornickel ups investment forecast by $6 billion over next decade The company, whose investments were previously expected to pass their peak in 2026, now expects this to happen in 2028. Reuters | November 29, 2021 | 7:14 am
Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares The platinum group metals miner wants to buy shares it doesn't already own in Royal Bafokeng in a 150 rand cash-and-stock deal. Cecilia Jamasmie | November 29, 2021 | 4:04 am
More than $2 trillion investment needed to meet IEA hydrogen targets 2030 seen as a pivotal year for hydrogen competition. Henry Lazenby | November 26, 2021 | 2:58 am
Platinum market heading for biggest surplus in years, says WPIC Supply from South Africa has increased as inventory that built up during a smelter outage is processed faster than expected. Reuters | November 23, 2021 | 4:51 pm
South African miners plan $3.8 billion of power projects The industry is planning 3,900 megawatts of solar, wind and battery energy projects. Bloomberg News | November 23, 2021 | 6:36 am
South Africa won’t appeal court ruling on black mining ownership The High Court struck down stipulations that an ownership target of 26% for Black investors in South African mining companies would remain in perpetuity. Bloomberg News | November 23, 2021 | 2:14 am
Nornickel proposes doubling 9-month dividend amid high metals prices Nornickel is paying out 60% of its core earnings in dividends for 2021. Reuters | November 23, 2021 | 1:57 am
King sinks Impala plan to create world’s no. 1 platinum firm The investment arm of the Bafokeng nation switched sides at the last minute to back a bid for its stake in RBPlat from Northam. Bloomberg News | November 10, 2021 | 10:33 am
Northam’s swoop for RBPlat stake scuppers Implats approach Northam Platinum Holdings plans to spend about $1.13 billion to become the top shareholder in Royal Bafokeng. Bloomberg News | November 9, 2021 | 2:56 pm
