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craig millerlatest news & developments
Northam Platinum CEO, Paul Dunne

Valterra asset level deals most logical option for Northam

IMPALA Platinum and Sibanye-Stillwater distanced themselves from an offer for Northam Platinum on Tuesday, which means Valterra Platinum is the only one likely to have an…

Can this be the PGM market’s next big thing?

THE hydrogen economy was supposed to be platinum’s salvation, but it is turning out to be the lightest of lifelines. Deployment of electrolyser capacity, the technology that…

Photo: REUTERS/Siphiwe Sibeko

Valterra Platinum to pay R15.1bn bumper interim dividend

VALTERRA Platinum followed up a special dividend at its year-end results in February with another handsome payout saying on Wednesday it would dish out 70% of interim earnings,…

Dan Marokane, CEO, Eskom

Mining tariff relief awaits new Eskom pricing policy

THE possible extension of electricity tariff discounts to sectors of the South African mining industry other than the ferrochrome producers will have to wait until after…

Platinum selldown a “pothole, not the end of the road”

PLATINUM shares have returned to buy territory after months of falling metals prices, sending valuations lower. The basket price for platinum, palladium and rhodium, the main…

View of interior of furnace in aluminium foundry

How long before miners call on Eskom for their rebates?

ESKOM will invite the attention of its mining clients in yet stronger terms if it agrees to cut its tariff for Transalloys, the manganese smelting business currently heading for…

ARABIAN SEA – APRIL 20:  In this handout photo provided by US Central Command, US forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the US accused of attempting to violate the US naval blockade of Iranian ports near the Strait of Hormuz. (Handout Photo by the US Navy via Getty Images)

Mining’s slow burn exposure to Middle East conflict

THE memorandum of understanding (MoU) signed between the US and Iran appears to have brought a relative calm to the Middle East, the occasional conflagration in the Strait of…

Liquefied petroleum gas carrier transporting energy across global shipping routes

Iran war tightens industrial metals supply outlook

A MAJOR squeeze is emerging across industrial metals markets as the ongoing US-Israeli war against Iran compounds structural supply shortfalls, said the Financial Times on…

Is this a new era for platinum? Its miners think so

SINCE the decline of gold production in the 1990s, platinum has become South Africa’s most valuable strategic metal, and among its most important economically. Of critical raw…

Valterra normalizes quarterly production after last year’s flooding

VALTERRA Platinum’s first quarter production benefited from comparisons with a year ago, when its second biggest mine, Amandelbult, was hit by flooding. The numbers also…

Nico Muller, CEO, Impala Platinum

Platinum is back. So why are its miners shunning growth?

WHAT a difference a year makes. In April 2025 the atmosphere at the PGMs Industry Day conference was sombre, with PGM prices still at low levels and the industry facing a cash…

Craig Miller, CEO of Valterra Platinum, reacts with his team as an electronic board displays movements in indices, after blowing a ceremonial horn during the listing of Anglo American’s platinum unit under its new name, Valterra Platinum, at the Johannesburg Stock Exchange (JSE) headquarters in Sandton, South Africa, May 28, 2025. REUTERS/Siphiwe Sibeko

Valterra spritzes up maiden year with R5.3bn special dividend

VALTERRA Platinum is to pay shareholders a special dividend of R5.3bn – R20 per share – taking its final dividend for the 2025 financial year to R11.5bn, equal to R43/share and…

Photo: REUTERS/Siphiwe Sibeko

Valterra makes hay to take edge off tricky maiden year

VALTERRA Platinum made hay in the fourth quarter increasing sales of platinum group metals four percent year-on-year to 1,042 million ounces. The increase was a function of…

Valterra recovers from flooding amid 30% price surge

VALTERRA Platinum said production at its Amandelbult mine in South Africa’s Limpopo province had recovered during the third quarter following heavy flooding earlier this year.…

Roger Baxter, executive chair, Southern Palladium
Pic: Martin Rhodes

Southern Palladium raises A$20m on back of price surge

SOUTHERN Palladium rode the recovery in platinum group metal (PGM) prices to full advantage announcing on Monday it had raised A$20m through the placement of shares. Roger…

Craig Miller, CEO of Valterra Platinum, speaks after blowing a ceremonial horn during the listing of Anglo American’s platinum unit under its new name, Valterra Platinum, at the Johannesburg Stock Exchange (JSE) headquarters in Sandton, South Africa, May 28, 2025. REUTERS/Siphiwe Sibeko

Platinum price rise justified and sustainable

THE 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal, said Craig Miller, CEO of Valterra…

Minor PGMs will help keep price momentum

SURPRISINGLY, one of the best-performing metal this year is not gold but ruthenium. This is especially relevant for South Africa as it will supply 71% of global primary ruthenium…

Craig Miller CEO, Valterra Platinum

SA chrome tax not a balanced approach to development

VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa. Earlier this month, South Africa’s Cabinet approved an…

Photo: REUTERS/Siphiwe Sibeko

Valterra to surge into net cash after disappointing start

VALTERRA Platinum kicked off life as an independent company in relatively poor financial form, posting on Monday a heavier-than-expected 81% decline in headline share earnings…

Rains wash away Valterra Platinum’s first half earnings

VALTERRA Platinum today forecast a precipitous decline in interim earnings owing to heavy rains in the first quarter which led to the suspension of production at Amandelbult, the…