The nation’s platinum sector — which accounts for about 70% of global output — has been a key export industry.

A federal appeals court refused to hold the companies liable over their alleged support for the use of child labor in cobalt mining in the DRC.

Platinum demand surged 25% in 2023, seen down 6% in 2024.

CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer.

In 2023, Barrick rolled out a global testing and implementation program with the goal of using GlyCat to unlock substantive savings.

The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered.

Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022.

Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.