The demergers of Anglo Platinum and De Beers could lead to mine workers losing jobs, Duncan Wanblad said
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Platinum mining companies forecast a deficit in demand for the metal over the next few years
Production declined for the 12th consecutive month in January, the
largest negative contributors being platinum group metals and diamonds
Platinum, new innovation, wage talks and Ramaphosa. A lot is happening in the mining world
Miners of rare metals will score but the soaring oil price will result in various cost-of-living increases
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
The announcement comes just weeks after competitor Northam inked a deal to acquire up to 33.3% of Royal Bafokeng Platinum
The investment company has insulated its shareholders against the resource’s price swings while looking towards a more sustainable future
The miners are in a comfortable position as the world creeps towards a lower-carbon future
Nuclear sector says it should be poised to take up more than 50% of the 24GW left vacant by coal
South Africa needs to seriously start thinking about shifting its energy focus. This is for two reasons. The first is that the country’s important exports — coal and platinum — face potential collapse with the imminent shift of global energy markets. A number of factors are driving this. The move away from vehicles powered by […]
The hike in the price of the sister metal has helped to turn around the fortunes of several local companies
NGO Award including energy transfer, and education and training activities
Jobless residents who were dependent on the shuttered Bokoni mine are battling to survive. They have now asked the government to step in
The mining sector recorded strong year-on-year growth in 2017, however its weak momentum may wear on South Africa’s GDP
“The price keeps on going up and demand is so great, even car companies are starting to move to platinum”
Metals, oil, currency, bonds … Which ones should we pay attention to and why?
The Kruger National Park is ‘the eye of the storm, accounting for roughly 60% of poaching incidents over the past seven years’, the report said.
Commodity prices and labour issues have hamstrung the effectiveness of the mining companies’ community investment in the North West town.
Sibanye Gold has been buying into the embattled platinum industry with deals that will see it become a top-three producer.
Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.
Three years of labour upheaval and a political push for safety and better wages have set in motion a drive to mechanise platinum mines.
As Anglo disposes of its Rustenberg mines, other companies are betting that the troubled metal will yield dividends further down the line.
The platinum miner will sell shares to the Bapo ba Mogale community in a bid to meet a black ownership target of 26% by 2015.
The trade deficit unexpectedly shrunk to R6.5-billion in May as fewer vehicle imports offset the drop in platinum exports.
Platinum stockpiles and a market surplus mean the mineworker strike is almost convenient for the mining companies.
Palladium, a metal that can be used instead of platinum by some manufacturers, has risen to $847 an ounce – its highest price in three years.
A chemicals and precious metals multinational says excess supply means platinum miners are suffering more from the work stoppage than buyers are.
The purchasing managers index has dropped to a near five-year low as a four-month long strike in the platinum belt continues.
Platinum producers have been overproducing for many years – even as demand has been declining, writes Lisa Steyn.
The metal’s futures for June delivery have risen to $823 an ounce, the highest since August 2011 as a result of concerns about a supply shortage.