Platinum Market to reach record 1-million ounce deficit in 2023
The platinum market has been fairly dull through most of 2023 as prices trade in a broad $100 range between
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PGM metals
Impala Platinum reports on its prospects and outlook
There have been several revisions to forecast PGM supply and demand in 2023. Primary supplies continue to be challenged by
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Joint Venture for beneficiation of Dense Medium Separation grade magnetite
Sandton – Sable Platinum Holdings, a wholly owned subsidiary of Sable Exploration and Mining SEAM has on 31 August 2023
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Impala Platinum reports on its operations
Tonnes milled from Implats’s managed operations increased by 7% to 23.88 million tonnes (FY2022: 22.36 million tonnes) with higher reported
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Implats secures ownership of Royal Bafokeng Platinum
The year’s highlight for Implats was securing ownership of Royal Bafokeng Platinum Limited (RBPlat) and the Group is implementing its
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Impala Platinum publishes consolidated annual results for the FY 2023
Enhanced operational flexibility, resilience and disciplined execution enabled Implats to successfully navigate a series of domestic and regional challenges, which
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Sibanye-Stillwater reports on its H1 2023 production results
The SA PGM operations delivered another solid, consistent operating result for H1 2023, commendably managing the impact of elevated Eskom
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Sibanye-Stillwater highlights “grey elephants” in its H1 2023 results
The Group financial and operating results for the six-months ended 30 June 2023 (H1 2023) reflect the challenging global macro-economic
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WESIZWE PLATINUM: Resumption of Operations at Bakubung Mine
Johannesburg – Bakubung Platinum Mine (BPM) has successfully re-opened its operations. This significant development follows the signing of a crucial
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Implats: Bad results blamed on Eskom, PGM prices, cable theft
Implats now has reasonable certainty on its earnings and therefore advises that earnings for the period decreased primarily due to
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Impala Platinum update for the year ended 30 June 2023
Implats says the operating environment in FY2023 was typified by continuing headwinds, and regional power constraints provided a notable impediment
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Jubilee Metals: Strong operational performance exceeds guidance
Jubilee Metals Group, a leader in diversified metals processing, with operations in Africa, publishes its unaudited Operational Update for the
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AmPlats suffers from lower PGM price, lower sales and higher costs
Anglo American Platinum has reported that its earnings for the six months ended 30 June 2023 (H1 2023) have decreased
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Tharisa releases Production Report for the third quarter
Tharisa, the platinum group metals (PGMs) and chrome co-producer has announced its production results for Q3 FY2023 and cash balance
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Northam increases platinum group metals production in 2023
Northam Platinum, a major South African producer of platinum group metals, has announced that for the 30 June 2023 financial
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Jubilee Metals expands chrome and PGM footprint
The Jubilee chrome operations in South Africa play a key role in driving the performance and growth of the PGM
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Bakubung Platinum Mine processing plant progress update
Hot commissioning of the Bakubung Platinum Mine (“BPM”) processing plant (“BPM Processing Plant”) was planned from 23 March 2023 to
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Johnson Matthey report 21% drop in profit due to inflation, low PGM prices
Johnson Matthey has reported sales of £4.2 billion (US$5.17 billion), representing a 6% increase in its preliminary results for the
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Sibanye Stillwater SA PGM operations 4% lower than for Q1 2022
Total 4E PGM production of 403,699 4Eoz for Q1 2023 (including third party purchase of concentrate (PoC)) was only 4%
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Zimplats and Impala Canada delivered increases in ore milled
Zimplats delivered a 10% increase in milled throughput to 1.88 million tonnes. Volumes were negatively impacted by regional power outages
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Impala Rustenburg improved grade by 4%, milling by 5%
According to Impala Rustenburg, tonnes milled during the quarter increased by 5% to 2.38 million tonnes, despite load curtailment, safety
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PGM recycling market remains constrained due to economic downturn
The global autocatalyst recycling market remained constrained due to the global economic downturn, recessionary concerns and sustained inflationary pressures which
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PGM producer Tharisa expects 45-48% decline in HY basic earnings
Platinum group metals (PGM) producer Tharisa has announced that its basic earnings per share (EPS) for the six months ended
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Eastern Platinum to invest in Zandfontein underground
Vancouver, British Columbia – Eastern Platinum has announced the completion of the previously announced rights offering to its shareholders. The
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Structural damage Stillwater West costs 20k oz
During March 2023, the US PGM Stillwater West mine suffered structural damage to the shaft which accesses the deeper levels
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Implats 9-month production negatively impacted by loadshedding
Impala Platinum Group production in the nine month period was negatively impacted by the challenging operational environment, with a notable
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Implats reports on production for the Quarter ended 31 March 2023
Gross Group 6E production declined by 5% to 735 000 ounces. Tonnes milled at managed operations improved by 5% to
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Jubilee Metals: Chrome remains robust with strong demand from China
Jubilee’s Inyoni Facility continued to deliver a strong performance in line with expectations. The Inyoni operations achieved 9 019 PGM
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Tharisa chrome production was up, PGM output fell below expectations
Paphos, Cyprus – Tharisa, the platinum group metals (PGMs) and chrome co-producer dual-listed on the Johannesburg and London stock exchanges,
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Mineral Council to unlock South Africa’s long-term PGM potential
The focus the draft National Platinum Strategy for RSA is to realize the world’s largest PGM resource through developing markets,
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