South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
The third-lowest platinum mining output this century can’t keep up with rising investment demand, jewelry and a sustained traditional car market using catalytic converters, according to an industry group. A…
The price of palladium may gain in the short term if constraints on recycling tighten and car buyers remain wary of electric vehicles (EVs) because of high interest rates, the…
South Africa goes to the polls on May 29 after three decades of democracy but even a transformed mining sector faces persistent challenges, the industry says. South Africa has produced…
The precious metals producer 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.
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has flagged a 47.5 billion rand ($3.4 billion) impairment on last year’s results due to tumbling platinum, palladium and nickel prices. The company…
Precious metals producer Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has teamed up with metals trader and recycling company Heraeus Precious Metals to explore new uses for platinum group metals (PGM), particularly…
Following a fatal accident at Impala Platinum Holdings‘ (JSE: IMP) Rustenburg mine in South Africa, the death toll has risen to 12 after a victim succumbed to their injuries in…
Precious metals producer Sibanye-Stillwater (NYSE: SBSW) said on Wednesday it will proceed with expected job cuts at its U.S. platinum-group metals (PGM) operations, as declines in metals prices make it…
A little over a month after Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) announced it was buying Maverix Metals (TSX: MMX) in a deal valued at $606 million, the…
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian pure-play palladium producer North American…
Platinum Group Metals (TSX: PTM) tabled its definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in South Africa’s Bushveld Complex outlining a boost in palladium, platinum,…
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