Expensive yes, but $300m bond takes Tharisa to next step
UNTIL Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum group metals (PGM)…
Why Implats has changed its tune on Waterberg
IMPALA Platinum (Implats) earlier this month declared R13.1bn in final dividends, a sum that outshone its rivals. It also revised its payout policy in such a way that the door is…
HCI’s Copelyn dismayed at Waterberg JV’s multiple headwinds
HOSKEN Consolidated Investments (HCI) is grasping for a golden thread of hope in finally advancing its platinum group mining endeavours. The investment group – better known for…
Northam Platinum finally secures “rock star” status
IT has taken some 40 years but Northam Platinum has finally achieved the “rock star” status that the former Gold Fields of South Africa envisaged when it decided to develop the…
AI, robots and shrinking supply drive Northam’s PGM growth plans
Northam Platinum is betting that new uses for platinum group metals in artificial intelligence, data storage, electronics and robotics will add to demand at a time when South…
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…
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…
Northam heads for record earnings on PGM price surge
NORTHAM Platinum is set to report record full-year earnings, with sharply higher PGM prices providing much of the lift. The PGM producer is due to publish audited results for the…
Mantashe reiterates tailings concerns after Samancor incident
Mines Minister Gwede Mantashe says tailings dams are a mining issue and must be treated as part of mining operations, not as a water issue. Mantashe visited Samancor Dikwena…
Minerals Department to inspect Samancor tailings spill
MINES Minister Gwede Mantashe is expected at Samancor Chrome’s Dikwena operation near Brits on Monday after a tailings storage facility failure last week sent sludge spilling…
Chrome ore proves more profitable than ferrochrome for Merafe
MERAFE Resources is a far more profitable chrome ore miner than producer of ferrochrome based on its interim trading statement published on the JSE Stock Exchange News Service.…
Northam Platinum’s ‘mine without end’ exposes SA’s supply crisis
NORTHAM Platinum CEO Paul Dunne might joke that “there’s no luck in mining”, but fortune has certainly favoured his company in the past few months. For starters, resource…
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…
Northam Platinum in new output record as chrome surges
NORTHAM Platinum lifted chrome production 17% in its 2026 financial year, partly owing to the ramp-up of its North West province operation, Eland Platinum. Crews were doubled at…
Platinum Week cognoscenti agree the metal will keep rolling on
PLATINUM has been on the wrong end of the Middle East crisis falling 13% since hostilities between the US and Israel and Iran began. Yet industry mavens who gathered for the…
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…
Eskom tariff for ferrochrome “needs to be replicated”
ONE assumes the electricity regulator in South Africa (Nersa) is conscious that in approving a heavily discounted tariff for ferrochrome smelters, it is waving a green flag for…
Expect more platinum price gyrations, warns WPIC
LAST year’s record supply deficit in platinum is expected to narrow this year, but the precious metal will remain sought-after by investors amid complex geopolitics which have…
The stunning rebound of South Africa’s PGM producers
EXACTLY two years ago, Northam Platinum CEO Paul Dunne, who is also president of the Minerals Council South Africa, warned that a severe squeeze on the platinum group metals…
Northam Platinum to pay record R2.8bn interim dividend
NORTHAM Platinum declared a record R2.8bn interim dividend following a strong recovery in headline earnings for the six months to end-December. The year-on-year improvement was…