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…
Implats takes shine to bite-sized Waterberg JV
IMPALA Platinum (Implats) has turned more positive on the long-delayed Waterberg JV project as plans for a smaller mine improve its chances of getting off the ground. Implats…
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…
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…
SA coal exports may hit 75Mt supply ceiling, says Exxaro
SOUTH Africa’s coal industry may struggle to supply more than about 75 million tonnes a year to the Richards Bay export corridor even if Transnet restores rail capacity above…
Exxaro lifts Grootegeluk rail shipments 50%
EXXARO Resources has recorded a roughly 50% improvement in direct coal railings from its Grootegeluk mine in the Waterberg coalfield in Limpopo to Richards Bay, CEO Ben Magara…
Exxaro export coal prices surge amid Middle East conflict
EXPORT thermal coal markets improved in the first half of 2026, said Exxaro Resources, with the Johannesburg miner saying prices increased to as much as $124/t – a 35% lift –…
NextSource closes in on Abu Dhabi plant funding
NEXTSOURCE CEO Hanré Rossouw said his company wouldn’t jump “head first” into building its proposed battery anode factory in Abu Dhabi given geopolitical tensions in the Middle…
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…
There’s more to Exxaro price surge than energy security
SHARES in Exxaro Resources ran to a three year high this week and were not far short of their five-year high, reached in 2022. That was shortly after Russia’s invasion of…
SA coal exports flat in 2025 despite Transnet progress
COAL railed for export from South Africa so far this year implied total volumes for 2025 of 56.4 million tons, less than last year’s 56.9Mt. Commenting in his pre-close…
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…
Impala looks to better times as platinum prices rise
IMPALA Platinum (Implats) had survived the past few years of depressed platinum market conditions through an “aggressive defensive strategy” which had positioned the group to…
PTM restores BEE with $1m share issue to HCI
PLATINUM Group Metals (PTM) is to issue 800,000 shares to its major shareholder Hosken Consolidated Investments Limited (HCI). The share issue, priced at $1.26 per share, will…
SA government opposes PTM’s proposal to export unrefined platinum concentrates to Saudi Arabia
Canadian mining junior Platinum Group Metals (PTM) is looking at the possibility of building a convertor matte furnace in South Africa to smelt platinum concentrates produced…
Thungela coal exports back at full throttle as rail recovers
SOUTH African coal miner Thungela Resources forecast another strong export performance from the country this year amid “encouraging” signs from Transnet, the state-owned rail and…
Southern Palladium goes north in search of money
ROGER Baxter, former CEO of the Minerals Council South Africa, is recently back from meeting North American investors to whom he’s been extolling the virtues of Southern…
Platinum Group signs MoU to build refinery in Saudi Arabia
PLATINUM Group Metals, a Canadian company studying the development of the Waterberg Project in Limpopo province, has signed a memorandum of understanding with Saudi Arabia for…
Structurally inflexible, the PGM sector can only watch and wait
ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM) miners could somehow work…
PTM defies sceptics with optimised $946m Waterberg project study
PLATINUM Group Metals (PTM) today published an updated definitive feasibility study for its 50.02% controlled Waterberg Joint Venture, a project that will produce PGMs, including…