Category: Platinum News

South Africa’s power cuts weigh on miners’ investment decisions

South Africa’s power cuts weigh on miners’ investment decisions

He said power supply from Eskom would have a “material bearing” on future decisions on growth. Eskom, which generates the majority of South Africa’s [...]
Amplats prepares for possible surge in community disruption as SA economy worsens

Amplats prepares for possible surge in community disruption as SA economy worsens

Natascha Viljoen, CEO Anglo American Platinum Before her appointment as Anglo American Platinum’s (Amplats’) new CEO in April, Natascha Viljoen (49) [...]
Triple Flag closes US$550M gold and silver stream on Northparkes mine – The Northern Miner

Triple Flag closes US$550M gold and silver stream on Northparkes mine – The Northern Miner

Mine financing company Triple Flag Precious Metals has closed a US$550 million gold and silver stream on future production from China Molybdenum’s [...]
Platinum and palladium prices to rise through 2021

Platinum and palladium prices to rise through 2021

Stock image. Analysts and traders have cut their forecasts for autocatalyst metals platinum and palladium as the coronavirus outbreak curtails [...]
Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start on April 14

Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start on April 14

Neal Froneman, CEO, Sibanye-Stillwater SIBANYE-Stillwater is the first of South Africa’s mining companies to follow in the steps of the country’s pre [...]
Canada Nickel discovers PGM zones at Crawford – The Northern Miner

Canada Nickel discovers PGM zones at Crawford – The Northern Miner

Canada Nickel Company (TSXV: CNC) has discovered two new palladium-platinum zones and extended nickel mineralization at its wholly owned Crawford n [...]
Implats may put employees on unpaid leave, opens channel for COVID-19 donations

Implats may put employees on unpaid leave, opens channel for COVID-19 donations

Impala Platinum: Rustenburg IMPALA Platinum (Implats) was discussing putting employees on unpaid leave whilst continuing with payments into essential [...]
Implats confirms alleged contraventions of lockdown rules as executive released on bail

Implats confirms alleged contraventions of lockdown rules as executive released on bail

IMPALA Platinum (Implats) confirmed it had been charged with alleged contraventions of COVID-19 related lockdown rules. “Mr. Mark Munroe, CEO of Imp [...]
Arrest of Implats executive symptomatic of post-lockdown mining sector confusion

Arrest of Implats executive symptomatic of post-lockdown mining sector confusion

ARRESTING the executive who has been credited with helping save thousands of jobs in  South Africa’s platinum belt – Impala Platinum’s (Implats’) Ma [...]
Amplats cuts mined PGM production a quarter as lays plans to emerge from lockdown

Amplats cuts mined PGM production a quarter as lays plans to emerge from lockdown

AN estimated 331,000 ounces in platinum group metal (PGM) production had been lost as a result of South Africa’s COVID-19 related national lockdown [...]
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