Platinum Group Metals

Implats calls on IPPs to build 30 MW solar power plant for its Marula mine

29th May 2023 By: Schalk Burger

Platinum miner Impala Platinum's subsidiary Marula Platinum is inviting independent power producers (IPPs) to submit expressions of interest for the supply and management of a 30 MW solar plant at... 

Sibanye-Stillwater CEO Neal Froneman.

Sibanye advances carbon neutrality with first utility-scale renewable energy project

29th May 2023 By: Martin Creamer

In its first power purchase agreement, platinum group metals, green metals and gold producer Sibanye-Stillwater has achieved financial close for an 89 MW wind energy project. Under the terms of the... 

Japan, China, India remain strong platinum jewellery markets – PGI

29th May 2023 By: Marleny Arnoldi

In its latest ‘Platinum Jewellery Business Review 2023’ report, market organisation Platinum Guild International (PGI) says Japan remains the biggest platinum market per capita, where platinum is... 

BlackRock lifts stake in Northam to above 5%

29th May 2023 By: Tasneem Bulbulia

JSE-listed Northam Platinum Holdings has received notification from London-based investment company BlackRock advising that it has acquired a beneficial interest in the securities of Northam, such... 

ICMM President and CEO Rohitesh Dhawan.

Guidance on how mining should manage human rights impacts updated

25th May 2023 By: Martin Creamer

Updated guidance to help mining companies improve how human rights impacts are managed across the globe has been published by the International Council on Mining and Metals (ICMM).  ICMM members... 

Phosphate is needed in the agricultural sector

Transitions present opportunities for African miners, manufacturers

24th May 2023 By: Tasneem Bulbulia

There are three broad transitions under way that are likely to have a considerable impact on the mining and manufacturing sectors in South Africa and Africa, especially given the demand for... 

SFA Oxford CEO Henk de Hoop.

Fields emerging that need the catalysis platinum group metals can provide

24th May 2023 By: Martin Creamer

A wide range of industries, which require considerable production volumes that platinum group metals (PGMs) can help to provide, are being developed and ramped up, such as in the production of... 

Resources Watch

Resources Watch

24th May 2023

This week: Copper prospecting project uses dual growth strategy; and, Huge projected platinum deficit points to supply need beyond mining and recycling 

Nornickel now earns nearly half of its revenue in Asia

Nornickel now earns nearly half of its revenue in Asia

24th May 2023 By: Bloomberg

MMC Norilsk Nickel, Russia’s biggest miner, now earns almost half of its revenue in Asia while sales in Europe tumble, further evidence of a shift in global commodity flows amid the country’s war... 

Green transition's exponential demand for metals, minerals.

Mining council zeroing in on aluminium, copper, silicon, steel in accelerating circular economy

23rd May 2023 By: Martin Creamer

In setting up to accelerate a global circular economy, the International Council on Mining and Metals (ICMM) will be focusing on the value chains of wind turbines and solar photovoltaic panels and... 

Johnson Matthey to supply Hystar with membrane electrode assemblies for hydrogen production ramp-up

22nd May 2023 By: Schalk Burger

UK specialist chemicals and sustainable technologies company Johnson Matthey has signed a three-year strategic supply agreement with Norwegian hydrogen company Hystar to supply membrane electrode... 

University of the Witwatersrand’s Wits Mining Institute DigiMine Laboratory head Ahsan Mahboob.

Sibanye-Stillwater funding Wits University’s carbon storage brainstorming ‘techathon’

22nd May 2023 By: Martin Creamer

Johannesburg- and New York listed platinum group metals, green metals and gold mining company Sibanye-Stillwater is funding a brainstorming ‘techathon’ on the challenge of storing carbon in... 

Tharisa CEO Phoevos Pouroulis

Tharisa reports lower yet ‘healthy’ margins

19th May 2023 By: Darren Parker

Despite a 9.1% year-on-year drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months ended March 31, platinum group metals (PGMs) producer Tharisa CEO... 

Tharisa PGM and chrome mine

Tharisa receives environmental approval for local 40 MW solar power plant

19th May 2023 By: Darren Parker

Platinum group metals (PGMs) producer Tharisa has received environmental approval (EA) for its 40 MW solar plant project, allowing it to move ahead with the project. “The EA paves the way for us to... 

Photo of Martin Creamer

New mining vision, platinum deficit, renewables make headlines

19th May 2023

Mining Weekly Editor Martin Creamer discusses calls for a new mining vision amid release of exploration funds; Platinum’s deficit prediction is up 77% this year, close to a million ounces; and Pan... 

A photo of Roger Baxter speaking at an indaba podium with Bernard Swanepoel in the background.

Junior Indaba to highlight challenges, opportunities

19th May 2023 By: Halima Frost

This year’s Junior Indaba event – aimed at explorers, developers and investors in the African junior mining sector – will feature a panel discussion on efforts to create a junior mining environment... 

A sheet of platinum bullion bars with one solitary gold bar on top

Coal, platinum of most interest in growing junior space

19th May 2023 By: Halima Frost

Junior miner-generated revenue in 2022 proportionally exceeded that of other South African mining-generated revenue, according to Minerals Council South Africa junior and emerging miners desk lead... 

An image of the JSE logo with an ot of focus background of people meeting at an event

New accelerator programme gaining traction

19th May 2023 By: Halima Frost

Since its inception six months ago, the JSE Junior Mining Accelerator Programme, which is being co-headed by Minerals Council South Africa, has already seen two emerging exploration firms being... 

Implats raises stake in RBPlat to 45.82%

18th May 2023 By: Creamer Media Reporter

Platinum group metals (PGMs) miner Impala Platinum (Implats) has concluded agreements to acquire a further 190 000 shares in takeover target Royal Bafokeng Platinum (RBPlat). This will increase... 

Dwyka Mining Services MD Jamie van Schoor and Emesent CEO Stefan Hrabar at the Dwyka Tech*Carnival, hosted at the Gallagher Convention Centre in Midrand

Dwyka Tech*Carnival highlights the importance of adaptability

18th May 2023 By: Tracy Hancock

The flexibility humans have to deal with the unexpected has become one of the most crucial skills for any organisation today, as technology continues to play a greater role in business globally,... 

Platinum and palladium bar produced by Heraeus Precious Metals.

South Africa-linked Heraeus boosting global platinum group metals recycling capacity

18th May 2023 By: Martin Creamer

Platinum group metal (PGM) products and services company Heraeus Precious Metals is investing €35-million in the expansion of its PGM recycling capacities at Hanau in Germany, with the buildout... 

Implats buys another 0.07% of RBPlat’s shares

17th May 2023 By: Darren Parker

Platinum producer Impala Platinum (Implats) has concluded agreements to acquire an additional 215 000 shares of Royal Bafokeng Platinum (RBPlat), constituting about 0.07% of the RBPlat shares in... 

Outline of the Waterberg project in Limpopo province.

Platinum exploration in Waterberg continues to reveal new potential, says CEO

17th May 2023 By: Martin Creamer

An exploration borehole in a deposit on the northern limb of the Bushveld Complex continues to reveal new platinum group metals (PGM) potential at the Waterberg project in Limpopo province,... 

Mineral Resources and Energy Minister Gwede Mantashe and Shadow Mineral Resources Minister James Lorimer.

Mantashe: Exploration funds July; Lorimer: Mining new deal can create poverty-busting jobs

16th May 2023 By: Martin Creamer

The first R500-million worth of mineral exploration funds will be available from July, Mineral Resources and Energy Minister Gwede Mantashe told Parliament on May 16 when Shadow Mineral Resources... 

World Platinum Investment Council Research Director Edward Sterck.

Huge projected platinum deficit points to supply need beyond mining and recycling

15th May 2023 By: Martin Creamer

The platinum deficit prediction for this year is up 77% to close to a million ounces. This year’s platinum deficit is projected to be a record 983 000 oz amid consistently growing industrial demand... 

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R/€ = 21.2029 Change: 0.1397
R/$ = 19.7694 Change: 0.1044
Au 1953.44 $/oz Change: 10.20
Pt 1033.16 $/oz Change: 3.20