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Platinum

platinum builion bars and coins
Costco adds platinum bullion bars, coins to its online precious metals investment offering
7th October 2024 By: Darren Parker

The world’s third largest retailer Costco has added platinum bullion bars and coins to its range of precious metals investment products.  This follows the company’s initiative to sell gold bullion... 


Anglo American CEO Duncan Wanblad
Anglo American not a sitting duck after breakup, CEO says
4th October 2024 By: Reuters

Anglo American will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday. The mining giant is restructuring... 


Jubilee's Zambia operations
Jubilee's strong copper, chrome performance offsets impact of weak PGM market
3rd October 2024 By: Creamer Media Reporter

Diversified metals producer with operations in South Africa and Zambia Jubilee Metals Group achieved significant growth across its copper and chrome operations for the financial year ended June 30.... 


Eskom chairperson Dr Mteto Nyati
South Africa needs to transition to renewable energy, Eskom chair tells Joburg Indaba
2nd October 2024 By: Martin Creamer

South Africa needs to transition into renewable energy in a way that continues to protect the country’s energy availability, Eskom chairperson Dr Mteto Nyati told the Joburg Indaba on Wednesday.... 


Canterra options Ring of Fire property to Teck
2nd October 2024 By: Mariaan Webb

TSX-V-listed Canterra Minerals has entered into an option agreement with Teck Resources, granting the Canadian major an option to acquire a 100% interest in its Ring of Fire property, in... 


ETF developments in Japan could offer longer-term growth opportunities – WPIC
27th September 2024 By: Sabrina Jardim

With investment in platinum exchange-traded funds (ETFs) expected to rise this year, developments in Japan could offer longer-term growth opportunities, says the World Platinum Investment Council... 


An image showing jewellery from the Men of Platinum 2023 Collection
Increased interest in platinum jewellery across key markets – PGI
27th September 2024 By: Tasneem Bulbulia

Platinum jewellery remains a growing opportunity, according to marketing organisation the Platinum Guild International’s (PGI)’s ‘2024 Platinum Jewellery Business Review’. “Platinum means quality... 


Mike Schmidt, ARM Executive Growth and Strategic Development in the Executive Chairperson’s office.
African Rainbow Minerals crowns grade as king, declares war on reef waste on PGMs front
26th September 2024 By: Martin Creamer

Two acronyms were drummed into new mining entrants in the days of yore – GIK and WAR. GIK is short for ‘grade is king’ and at the opposite end of the scale, everyone was urged to declare war on... 


Wesizwe to post earnings turnaround
20th September 2024 By: Mariaan Webb

JSE-listed Wesizwe expects to report earnings and headline earnings of between 1.4c a and 13.32c a share for the six months ended June 30. This compares with a loss a share of 59.63c reported in... 


PlatAfrica marks 25 years
20th September 2024 By: Tasneem Bulbulia

South African platinum jewellery design and manufacturing competition PlatAfrica is celebrating a quarter-century. This year’s theme, ‘Legacy and Beyond’, is aligned to PlatAfrica’s twenty-fifth... 


Dr Reuel Khoza
Jubilee appoints business veteran Khoza to its board
19th September 2024 By: Marleny Arnoldi

Aim- and AltX-listed Jubilee Metals has appointed Dr Reuel Khoza to its board and announced the resignation of CFO Neal Reynolds. Reynolds will leave the company to pursue new opportunities after... 


Public Works and Infrastructure Deputy Minister Sihle Zikalala.
South Africa's green hydrogen programme attracts R800bn in projects – Deputy Minister
18th September 2024 By: Martin Creamer

South Africa’s national green hydrogen programme has attracted projects worth R800-billion-plus, Public Works and Infrastructure Deputy Minister Sihle Zikalala said on Wednesday, when he called on... 


DRDGOLD CEO Niël Pretorius.
High value of South Africa’s surface gold recovery highlighted at Gold Forum Americas
18th September 2024 By: Martin Creamer

The presentation of DRDGOLD CEO Niël Pretorius at the thirty-sixth annual Gold Forum Americas 2024 in Colorado Springs highlighted the company’s world-leading gold-from-tailings advances that... 


Dr Philipp Walter, Executive VP Business Line Hydrogen Systems, Global Business Unit Heraeus Precious Metals.
Platinum group metals can play essential decarb role beyond hydrogen ­– Heraeus
17th September 2024 By: Martin Creamer

Platinum group metal (PGM) catalysis can play an essential decarbonising role beyond hydrogen generation, where its use in proton exchange membrane (PEM) technology for water electrolysis and fuel... 


The 100%-owned Gonneville PGE/nickel/copper/cobalt project is located on Chalice-owned farmland, about 70 km north-east of Perth in Western Australia.
WA awards strategic status to Chalice’s Gonneville project
17th September 2024 By: Mariaan Webb

Western Australian Premier Roger Cook has awarded strategic project status to the Gonneville project, which has the potential to produce a rare mix of critical and strategic minerals, such as... 


Platinum Group President and CEO Frank Hallam.
Stronger-than-ever feasibility thumbs up for R18bn platinum group metals project in Limpopo
16th September 2024 By: Martin Creamer

The latest independent definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in Limpopo is even more emphatic on the economic viability and wealth creation... 


Mining Weekly Editor Martin Creamer
Platinum deficit, hydrogen economy, infrastructure investment make headlines
13th September 2024

Mining Weekly Editor Martin Creamer discusses a platinum deficit of more than a million ounces because of significant demand; he tells us why development finance institutions are seen as key... 


South Africa's mining output down 1.4% y/y in July
12th September 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 1.4% year-on-year in July, Statistics South Africa reports. The largest negative contributors were iron-ore (-19% and contributing -2.8 percentage... 


Sibanye appoints new nonexec director
11th September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Terence Mncedisi Nombembe as independent nonexecutive director, with effect from September 11. Nombembe, a South... 


Zambia Mines and Minerals Development Minister Paul Kabuswe
Ivanhoe plans to replicate DRC successes in Zambia
11th September 2024 By: Creamer Media Reporter

Canadian mining company Ivanhoe Mines, which is advancing base metal and platinum group metal projects in the Democratic Republic of Congo and South Africa, has entered into a memorandum of... 


Amplats' Mogalakwena operations
Anglo American South Africa raises R7.2bn through sale of some Amplats shares
11th September 2024 By: Creamer Media Reporter

Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds... 


A hydrogen-powered haul truck at Amplat's Mogalakwena mine
Anglo American starts cutting stake in Amplats with share sale
10th September 2024 By: Bloomberg

Anglo American offered to sell about 13-million shares in Anglo American Platinum (Amplats) in a move aimed at increasing the South African firm’s free float ahead of a full exit. The shares... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum market deficit forecast to exceed million ounces in 2024 amid robust demand
10th September 2024 By: Martin Creamer

Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its... 


Development Bank of Southern Africa Chief Economist Zeph Nhleko.
Development finance institutions are key architects of hydrogen economy – Nhleko
9th September 2024 By: Martin Creamer

Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)... 


An image of the Bakubung platinum mine
Wesizwe appoints contractor to execute concentrator rectification plan
9th September 2024 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum says in an operational update that it has awarded a contract to an experienced contractor to start implement a rectification plan of the concentrator plant at its... 


EDC may provide $500m loan for Ontario nickel mine
EDC may provide $500m loan for Ontario nickel mine
9th September 2024 By: Mariaan Webb

Government agency Export Development Canada (EDC) may provide a $500-million loan for the Crawford nickel sulphide project in Timmins, Ontario. This is according to project owner Canada Nickel,... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals wants to maximise the equity it has in Harmony Gold
6th September 2024 By: Martin Creamer

The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock... 


Platinum ingots
SADPMR to conclude Platinum Centenary Commemoration with prestigious event
6th September 2024 By: Marleny Arnoldi

Government body South African Diamond and Precious Metals Regulator (SADPMR) will host a prestigious event on the sidelines of the Jewellex Africa 2024 conference, in Sandton, on September 8, to... 


A Sibanye employee working in a gold mine
Sibanye achieves Level 4 BBBEE accreditation
5th September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater reports that it has improved its broad-based black economic empowerment (BBBEE) rating to Level 4, from Level 6 in 2023 and Level... 


South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe
South African exploration fund attracts 115 applications – Mantashe
4th September 2024 By: Sabrina Jardim

South Africa's Mineral and Petroleum Resources Minister Gwede Mantashe told attendees at this year's Africa Down Under conference, in Perth, Australia, on September 4, that the country's Department... 


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