- Home
- Loadshedding
- Latest News
- Sector News
- Back
- Base Metals
- Chemicals
- Coal
- CSR
- Critical Minerals
- Diamonds
- Diversified Miners
- Environmental
- Exploration
- Ferrous Metals
- Fluorspar
- Gemstones
- Gold
- Graphite
- Health & Safety
- Hydrogen
- Legislative Environment
- Lithium
- Mineral Sands
- Mining Services
- Oil and Gas
- Platinum Group Metals
- Potash & Phosphates
- Project Management
- Rare-Earth Minerals
- Silver
- Uranium
- Vanadium
- World News
- Magazine
- Video Reports
- Audio
- Research
- Press Office
- Electra Mining
- Announcements
- Virtual Showroom
- Topics
- What's On
- Jobs
- Mining Indaba
- Apps
- Product Portal
- Webinars
- About Us
- Legal Notice
- Comment Guidelines
- Marketing Videos
- Live Twitter Feed
Platinum News
Mantashe warms to Anglo plan after opposing BHP bid
By: Bloomberg 14th May 2024 South Africa’s mines minister struck a conciliatory tone as Anglo American Plc announced plans to separate its platinum unit as part of a major shakeup following its rejection of two approaches from BHP Group. “It is their strategy and they must do anything that will optimize value,” Mines... →
All-round value unlock targeted in proposed demerging of Anglo Platinum and De Beers 
By: Martin Creamer 14th May 2024 Diversified mining major Anglo American is targeting value elevation in its planned demerging of South Africa-based Anglo American Platinum (Amplats) and the envisaged divestment or demerger of Southern Africa-dominant De Beers. In rejecting BHP’s second takeover offer, Anglo intends reshaping... →
PGMs to face continued supply constraints, low prices – report
By: Darren Parker 14th May 2024 Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be defined by persistent supply constraints, coupled with robust demand, leading to another year of... →
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank 
By: Martin Creamer 13th May 2024 Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the Green Hydrogen Roundtable on Monday. “We have an opportunity for South Africa to completely... →
Anglo investors tell company to move faster to survive BHP bid
By: Bloomberg 13th May 2024 Anglo American’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group’s takeover bid. Anglo has been reviewing its business since mid-2023, looking at every mine in its portfolio to help reshape... →
Fantastic advance by Proudly South African manganese battery metal first-mover
By: Martin Creamer 10th May 2024 Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be established is a faster stream to market, which is not only ahead of the global game, but also... →
Hard disk drive demand rebound holds opportunities for platinum – council
By: Tasneem Bulbulia 10th May 2024 The market for hard disk drives (HDDs) is showing signs of a rebound after almost two years of decline, as the rapid growth in machine learning and AI are driving the need for expanded data storage, industry organisation the World Platinum Investment Council (WPIC) points out, also highlighting... →
Froneman confident PGM prices will rebound once temporary decline abates
By: Darren Parker 10th May 2024 Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the price gouging of late was merely a temporary phenomenon. “Our view that the fundamental outlook for... →
Sibanye reports lowest serious injury rate in its history for the first quarter
By: Darren Parker 10th May 2024 JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than the first quarter of last year and marked the third consecutive yearly improvement for the group’s... →
Anglo American's South Africa investors open to improved BHP bid, FT reports
By: Reuters 10th May 2024 Anglo American's key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday. The investors who collectively hold more than 15% of Anglo American, told FT that BHP, the world's... →
Botswana vows to protect interests in potential BHP-Anglo deal
By: Bloomberg 9th May 2024 Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group acquire Anglo American. Anglo, which rejected a BHP proposal valuing the mining company at about $39 billion, owns the other 85% of De Beers. Under... →
Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
By: Marleny Arnoldi 9th May 2024 Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit of 600 000 oz on the back of lower primary supplies. It states in its latest yearly ‘PGM Market... →
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
By: Martin Creamer 9th May 2024 The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund focused on investing in early-stage companies that use or enable the use of platinum group metals... →
Zimbabwe aims to use FDI to develop a competitive economy by 2030
By: Schalk Burger 7th May 2024 Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments into key sectors of its economy to further develop the country by 2030. This objective is encapsulated... →
South African unions urge Anglo shareholders to reject BHP bid
By: Bloomberg 7th May 2024 South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of South African Trade Unions (Cosatu), which includes the National Union of Mineworkers (NUM) among... →
BHP insists Anglo American's South African assets must go in any takeover, sources say
By: Reuters 7th May 2024 BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26... →
Eastplats reports record revenue for 2023 financial year
By: Creamer Media Reporter 6th May 2024 JSE- and TSX-V-listed Eastern Platinum (Eastplats) has reported net income attributable to shareholders of $13.8-million for the 2023 financial year, compared with a loss of $900 000 for the 2022 financial year, mainly as a result of higher revenue. Revenue increased to a record $106.9-million,... →
Growth in platinum jewellery demand continues in most key markets
By: Sabrina Jardim 6th May 2024 In its latest Platinum Jewellery Business Review (PJBR) for the fourth quarter of 2023, marketing organisation Platinum Guild International (PGI) has reported that India’s jewellery market maintained its robust growth during the final quarter of last year, while Japan enjoyed modest gains, and... →
Anglo CEO meets South Africa's mines minister after BHP's takeover proposal
By: Reuters 3rd May 2024 Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source familiar with the matter told Reuters. BHP, the world's biggest-listed mining group, is privately talking... →
Platinum-based green hydrogen emerging as Winter Olympics decarbonisation pillar
By: Martin Creamer 3rd May 2024 Green hydrogen, which is generated with the benefit of the catalysis that platinum group metals (PGMs) provide, is being increasingly highlighted as a pillar of the global decarbonisation transition that is poised to save the world from ruinous climate change. News just out is that steps are... →
What’s Anglo worth? For now it’s less than the sum of its parts
By: Bloomberg 3rd May 2024 As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal, which was swiftly and firmly... →
BHP woos South Africa in pursuit of $39bn Anglo takeover
By: Bloomberg 2nd May 2024 BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American. The executives have... →
South Africa's Mineral Resources and Energy Minister Gwede Mantashe
Anglo American takeover price needs to surpass £30 a share, survey shows
By: Bloomberg 30th April 2024 A takeover of Anglo American would need to be pitched at more than £30 ($37.6) a share, a higher price than BHP Group offered last week, according to analysts and traders surveyed by Bloomberg. Anglo American shares are trading above the value of BHP’s rebuffed $39-billion takeover proposal, a... →
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
By: Reuters 30th April 2024 BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries. The world's No. 1 miner is weighing up its next move after its initial $39-billion takeover... →
A hydrogen-powered truck in operation at Anglo American Platinum's Mogalakwena mine
Implats platinum group metals output up amid robust demand but lacklustre pricing
By: Martin Creamer 30th April 2024 Platinum group metals (PGMs) mining and marketing company Implats on Tuesday reported higher production in a period characterised by robust demand but lacklustre PGM prices. “Despite continued macroeconomic and geopolitical uncertainty, demand from our contractual customers remains robust, with... →
South Africa views BHP bid for Anglo as 'normal market activity'
By: Reuters 29th April 2024 South Africa views BHP Group's proposed bid for Anglo American as "normal market activity" and is following the process as it unfolds, President Cyril Ramaphosa's spokesperson said on Monday. BHP is considering making an improved offer for Anglo American after its $39 billion initial proposal was... →
Shanghai Platinum Week: Hydrogen’s going to feature big, says World Platinum Investment Council
By: Martin Creamer 26th April 2024 The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be the far-reaching Shanghai Platinum Week 2024, which is sandwiched between the London Platinum Week in... →
Implats' proposed restructuring puts 3 900 jobs at risk
By: Tasneem Bulbulia 26th April 2024 JSE-listed Impala Platinum Holdings (Implats) has initiated a Section 189(3) consultation process at its South African operations, signalling thousands of potential job losses. Implats envisages a reduction of about 3 900 positions, constituting a 9% reduction in labour across the Impala... →
Testing backlog as global interest in new flotation tech grows
By: Tracy Hancock 26th April 2024 Global interest in and the uptake of the new REFLUX Flotation Cell (RFC) from full flowsheet technology and service supplier FLSmidth has been gaining considerable momentum. As a result of this significant interest, the company is experiencing a backlog in paid-for test programmes at its Salt... →
Mantashe signals opposition to BHP-Anglo deal
By: Bloomberg 25th April 2024 South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in which Anglo American would first spin off controlling stakes in South African platinum and iron-ore... →
How 30 years of democracy has transformed South Africa's mining industry
By: Martin Creamer 25th April 2024 South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s significant advance since the dawning of democracy in 1994. Importantly, South Africa’s highly regarded... →
Zimbabwe’s Mnangagwa names new Mines Minister in mini-reshuffle
By: Bloomberg 25th April 2024 Zimbabwe’s President Emmerson Mnangagwa has reappointed Winston Chitando as the Southern African nation’s Mines Minister, a post he held before last year’s elections. Prior to his reappointment, Chitando was the local government minister. →
Zimbabwe Mines Minister Winston Chitando
Changing business opportunities, challenges in Zimbabwe highlighted
By: Schalk Burger 24th April 2024 Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the country. These were some of the views raised by Zimbabwean and international representatives during an... →
New green hydrogen trading base uplifting platinum group metals demand outlook
By: Martin Creamer 23rd April 2024 The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen by the click of a button, it was announced on Tuesday. Euronext-listed Lhyfe, the French group devoted to energy transition, has begun taking of orders for green hydrogen in Europe and... →
Anglo pleased with copper's first-quarter performance
By: Martin Creamer 23rd April 2024 Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the first-quarter performance aspects that pleased diversified mining company Anglo American in the three... →
Amplats posts lower first-quarter output
By: Marleny Arnoldi 23rd April 2024 Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with the 901 200 oz produced in the same quarter of last year. Notably, the group’s own-managed PGM... →
Amplats CEO Craig Miller
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
By: Martin Creamer 23rd April 2024 Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near Anglo’s Minas-Rio iron-ore mine, in Brazil. →
Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM 
By: Marleny Arnoldi 19th April 2024 Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the part of producers, investors, governments and other financing sources. “There are high costs to making... →
Latest News
Latest Videos
