Quo Vadis Platinum? Short term forecast
In the context of the marked improvement in economic activity, analysts expect the last three months of 2020 to see
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Precious Metals
Evander gold mines to build solar photovoltaic plant
Pan African has announced that it has entered into an engineering, procurement and construction agreement with juwi South Africa to
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Pan African announces production guidance and management changes
The Pan African Group expects to produce approximately 97,000oz for the six months ending 31 December 2020, and is on
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Anglo American Platinum upgrades its operational guidance
As a result of the early rebuild completion of the ACP (Anglo Converter Plant) Phase A unit, the company upgraded
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Platinum investors benefited from bargain hunting in August
Global bar and coin demand rose by 78% (+42 koz) year-on-year during Q3’20 to 96 koz. This reflected gains in
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Bitcoin will have bearing on the gold price
Gold could lose its sparkle in the long run due to institutional investors’ increased preference for bitcoin, according to the
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Platinum use in petroleum and chemical sector in Q3’20
Following two consecutive quarters of declining demand, platinum use in the petroleum sector improved slightly in Q3’20, though overall volumes
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Maria Ramos appointed AngloGold Ashanti Chair
JOHANNESBURG – The Board of AngloGold Ashanti is pleased to advise that Independent Non-Executive Director Maria Ramos has been appointed
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Amplats safely completes the converter plant Phase A rebuild
Anglo American Platinum has safely and successfully completed the rebuild of the Anglo Converter Plant (ACP) Phase A unit, with
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Platinum for a fifth generation
JOHANNESBURG – The arrival of 5G – the fifth generation of cellular networks – is bringing new capabilities that will
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Russia’s gold industry set for modest production growth
Russia’s gold industry will see modest production growth, supported by a solid project pipeline and improving gold prices. While the
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Ghana grows gold production
According to Fitch Solutions, a strong project pipeline will maintain production growth in Ghana. Apart from AngloGold Ashanti several other
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Oil refinery closures could see platinum returned to the market
As the number of coronavirus cases surges across Europe and the US, demand for refined petroleum products is taking another
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Barrick Gold listed again in Dow Jones Sustainability Index
TORONTO – Barrick Gold Corporation has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking
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Roxgold gold production at the upper end of annual guidance
VANCOUVER, BC – Roxgold has announced that its mining activities in the third quarter totalled 109,737 tonnes of ore mined
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Equinox begins production at Castle Mountain Gold Mine
VANCOUVER, BC – Equinox Gold Corp. has announced that commercial production has been achieved at its Castle Mountain Gold Mine
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Nordgold delivers strong performance this year
LONDON – Nord Gold SE, the internationally diversified gold producer, is well set to deliver an excellent result for the
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Tharisa likely to deliver 300% improvement in earnings
In terms of the JSE Listings Requirements, companies are required to provide guidance to the market when they are satisfied
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Gold declines as $1,800/oz draws closer
With the dollar slumping across the board, gold is failing to catch a break as the downside momentum from yesterday
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Very strong platinum investment demand set to continue
The investment case for platinum has become more compelling as 2020 has progressed, supporting strong gains in platinum investment, in
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Platinum supply and demand recovered significantly in Q3 2020
According to the World Platinum Investment Council (WPIC), platinum supply and demand both recovered significantly in the third quarter of
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Gold mines generate nearly 1 ton of CO2 per ounce of gold in 2019
Gold mines emitted on average 0.8 tonnes of CO2 equivalent for every ounce of gold that was produced in 2019;
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South Deep increases gold production as lockdown eases
South Deep Gold Mine was significantly impacted by the COVID-19 pandemic and related lockdown restrictions during Q2 2020, says Gold
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SAP implementation in Barrick’s gold digital transformation
Barrick’s new transactional system, SAP S4 HANA, has gone live at Nevada Gold Mines and will be rolled out across
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Technology metals to outperform other commodities
Smartphones, wind turbines, and electric cars are becoming standard features of modern life and are closely linked to a low-carbon,
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Theta Gold brings pit mining to Eastern Transvaal
PILGRIM’S REST – Theta Gold Mines Limited controls the Eastern Transvaal Gold Fields, where South Africa’s gold mining industry began
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Endeavour and Teranga to create new senior gold producer
GEORGE TOWN & TORONTO – Endeavour Mining Corporation and Teranga Gold Corporation have entered into a definitive agreement where Endeavour
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Eastern Platinum remains in red despite improvements
VANCOUVER, British Columbia – Eastern Platinum Limited (Eastplats) has reported its financial results for Q3 2020 as follows: Revenue for
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Gemfields to sell its stake in Sedibelo Platinum
LONDON – Gemfields Group, a South African external company incorporated in Guernsey, has commenced a sale process for its 23.65%
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Gold Fields produces solid 557koz gold in Q3 2020
SANDTON, RSA – Nick Holland, Gold Fields’ Chief Executive Officer, in “Operational update for the quarter ended 30 September 2020”,
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