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R/€ = 20.3391 Change: -0.0430
R/$ = 19.1158 Change: 0.0219
Au 2344.31 $/oz Change: -47.53
Pt 930.90 $/oz Change: -12.60
 

Topic

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... 

Minerals Council South Africa setting out to boost local demand for green hydrogen 

By: Martin Creamer     17th April 2024 Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The applications that we’re looking at are stationary as well as mobility applications of using hydrogen... 

Internal combustion engines are not going anywhere, says Northam’s Dunne 

By: Darren Parker     12th April 2024 Platinum group metals (PGM) miner Northam Platinum CEO Paul Dunne firmly believes internal combustion engines (ICEs) are here to stay for the foreseeable future, which, in his view, will mean salvation for PGM miners that are struggling to remain profitable amid sustained low commodity prices.... 

Institute urges US to make concerted efforts to partner with African countries on critical minerals

By: Marleny Arnoldi     9th April 2024 A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in Africa, all in efforts to diversify US critical mineral supply chains. The study group set out to... 

New platinum-based hydrogen fuel cell as cheap to make as conventional car engine 

By: Martin Creamer     2nd April 2024 The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines (ICEs), UK company Intelligent Energy has highlighted in a release to Mining Weekly. The company’s... 

Alaska's governor calls on Biden to update mine permit process

By: Reuters     21st March 2024 Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the US mine permitting process in order to boost domestic production of critical minerals and reduce dependence on foreign nations. The push echoes calls from the mining industry for clarity on how... 

Major new gigafactory fuel cell thrust enlivening demand outlook for platinum 

By: Martin Creamer     15th March 2024 A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the hydrogen economy can significantly move the needle against climate change, North American green mobility... 

Intelligent drilling solutions advance underground capabilities 

By: Simone Liedtke     15th March 2024 The adoption of intelligent drilling technologies represents a critical step towards more efficient, safe and sustainable underground mining operations, though eco-efficient rock processing solutions provider Sandvik Mining and Rock Solutions underground drills business line manager Khomotso... 

Teraco moves to grow and green SA data-centre footprint

By: Schalk Burger     8th March 2024 Digital transformation is happening in every industry and digitalisation of the economy is intensifying the need for highly available, and sustainable, information and communication technology (ICT) infrastructure. Against this background, data centre infrastructure and services company Teraco is... 

M&R weighing capital-light re-entry into Australian mining market

By: Terence Creamer     7th March 2024 JSE-listed Murray & Roberts (M&R) says it still intends to regain a foothold in the Australian mining market, which it lost when RUC’s Australian holding company entered voluntary administration in late 2022. However, CEO Henry Laas indicates that it will adopt a capital-light approach to the... 

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