Implats caps top year for platinum with R8.7bn special payout
THE impact of surging platinum group metal (PGM) prices was for all to see in Impala Platinum’s (Implats’) year-end numbers, which it capped with a special final dividend of…
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…
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…
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…
For Sibanye-Stillwater, home is where the ore is
SIBANYE-Stillwater got its name as a result of offshore expansion, but following a damaging decline in metal prices that exposed its balance sheet, its new CEO is promising a…
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,…
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…
Gold, platinum shares in good space after metals correct
ENTHUSIASM for precious metals had evaporated in recent weeks, leaving mining shares in good buying territory, said analysts. “Investor sentiment towards South African mining…
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…
Investors take profits from platinum but tailwinds persist
A RECOVERY in supply and reduced investor demand resulted in an oversupply of platinum in the first quarter of this year, said the World Platinum Investment Council (WPIC) in an…
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…
SA platinum exports surge but miners face war inflation
THERE was a 13% increase in platinum group metal exports in the first two months of this year, said Swiss bank UBS in a report this week. However, the conflict in the Middle East…
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…
Implats doubles up on interim payout as cash surges
IMPALA Platinum (Implats) rewarded shareholders on Thursday declaring in its results for the six months ended December a R3.7bn payout, equal to R4,10 per share. The declaration…
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…
Overlooked Tharisa, a PGM bull market bridesmaid
IN the volatile world of South African mining, and after a historic year on the JSE led by miners, few stories remain as compelling, yet overlooked, as Tharisa. A ±105% YoY rally…
Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over the next few years. A report released by RMB…
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…