Valterra silent on Northam as deal speculation mounts
VALTERRA Platinum is increasingly considered the possible source of an unsolicited approach to Northam Platinum, with analysts pointing to the strategic fit between the…
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…
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,…
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…
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…
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.…
Fragile supply gives platinum price new lease on life
IT was once common to describe the platinum price in terms of gold, the so-called gold-platinum ratio. Then came the global financial crisis in 2008. As automakers’ demand…
Valterra forwards all hydrogen truck inquiries to Anglo
ONE of the lesser appreciated benefits of the demerger of Valterra Platinum, formerly known as Anglo American Platinum (Amplats), from Anglo American in May is not having to…
Valterra to trial underground mining at Mogalakwena in 2026
VALTERRA Platinum will launch trial mining operations at its flagship Mogalakwena open-pit complex in late 2026, signalling confidence in platinum group metals (PGMs) amid a…
Platinum’s full-throated recovery brings downcycle to an end
AFTER several months of positively trending prices, platinum has staged a full-throated rally, gaining 20% in just more than a month and taking sister metal palladium some of the…
Three things Miller has on his Valterra Platinum ‘to-do’ list
DEMERGERS should achieve three things: improve transparency, sharpen focus and satisfy not only existing shareholders but future ones. So said the Financial Times in reference to…
Anglo American confident of full-year targets despite weak Q1 production
ANGLO American’s copper, iron ore, manganese, platinum group metals (PGMs) and diamonds businesses all posted flat or lower quarter-on-quarter output in the three months to…
Amplats unveils R15.7bn special dividend ahead of June demerger
ANGLO American Platinum (Amplats) on Monday said it would pay a special cash dividend of R15.7bn, equal to R59 per share. In addition to the miner’s per policy dividend of 40% of…
In-favour Amplats unlikely to suffer major flowback
ANGLO American’s restructuring has lift-off. Despite doubts over its complexity, the group has sold its Australian coal mines for $4.8bn and last month agreed terms for a diamond…
Amplats hit by lower prices, write-down & demerger costs
ANGLO American Platinum (Amplats) booked R3.5bn in costs partly related to its demerger from Anglo American, which is expected to be completed by mid-year. The platinum group…
Anglo’s Wanblad hints at more diamond production cuts
Further reductions in diamond output from De Beers could be on the cards as market conditions remain depressed despite the three million carat chop in production already…
Amplats shuts Mortimer smelter as 3,700 jobs cut
ANGLO American Platinum (Amplats) said on Monday it had cut R4.9bn in costs for the six months ended June affecting 3,700 jobs and shut its Mortimer smelter. This is in terms of…
Anglo to list Amplats in London to lessen ‘flow-back’
ANGLO American will list its 79% owned subsidiary Anglo American Platinum (Amplats) in London in an effort to stem capital outflows when the group unbundles its shares. “What we…
Amplats launches R10bn plan to stave off tough 2024
ANGLO American Platinum (Amplats) today announced plans to slash costs and cut expenditure for a total saving of R10bn in 2024 in an effort to stave off the twin effects of lower…