Search results for 'PGmS'
Companies
Zimplats Scales Up Production Despite Profit Woes

Zimplats Holdings Limited, a key player in the platinum group metals (PGMs) industry, has witnessed a notable 7% increase in mined volumes, despite experiencing a decline in profitability caused by vo

Sep 06, 2023
Companies
Plummeting PGMs Prices Delay Karo Project Commissioning

Tharisa Private Limited Company, a prominent mining company listed on the London Stock Exchange (LSE) and Johannesburg Stock Exchange (JSE), has announced a deliberate decision to prolong the commissi

Oct 18, 2023
Companies
Zimbabwe’s 2024 Mining Outlook

In October 2023, Sibanye-Stillwater, a multinational mining company, implemented a restructuring process aimed at reducing costs, which could potentially lead to the loss of over 4,000 jobs and the cl

Nov 13, 2023
South Africa
Sibanye Plunges to a 37 Billion Loss, Prompts Reconsideration of Additional Restructuring Measures

Sibanye Stillwater Reported Massive Loss of 37.4 Billion Rands, Wiping Out Previous Profits Commodity Price Decline Affected Operations The Company Faces Restructuring and Project Cutbacks Amid Econom

Mar 07, 2024
Companies
Zimplats Commissions US$36 Million Solar Plant

Zimbabwe’s largest corporate, Zimbabwe Platinum (Zimplats), has defied the poor global metal prices that have shocked the company’s profitability, primarily due to a decline in PGMs global metal pric

Oct 31, 2024
Companies
Zimplats Mining Volumes Decline 7% Amid Power Outages and Machinery Issues

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has recorded a 7%  decline in mined volumes in the half year to full year 2025 from 1 915 000 tonnes in 2023 according to the group’s

Feb 06, 2025

Top Stories

Mad Money Muse

Welcome dear readers, to the first episode of Mad Money Muse, where we laugh so we don’t cry, and muse over the chaos so we don’t lose our minds. This week, we’ve got potholes deeper than government p

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Elon Musk muddied with Tesla as sales slump & boycotts escalates

As of March 12, 2025, reports indicate that Tesla shares have dropped sharply, with a notable single-day decline of over 13% on March 10, wiping out more than $700 billion in market value from its mid

1 hour ago

Premier Issues New Shares to Raise £600 000 Capital for Zulu Project

Premier African Minerals Limited is raising £600,000 (approximately US$775,464) to support its operations, specifically targeting the Zulu Lithium and Tantalum Project ("Zulu") ,  issuing  new ordinar

22 hours ago

ZiG Weekly Review: ZiG Hits 48-Day Low on Formal Market Amid Fiscal Recalibration

The Zimbabwe Gold (ZiG) registered a 48-day low on March 10, 2025, trading at 26.6486 against the USD, marginally above its January 22 nadir of 26.7116. While the 0.2% week-on-week depreciation appea

1 day ago

Zimbabwe to Host Historic EU Business Forum for the First Time

The European Union (EU) is set to host a business forum in Zimbabwe from 20 to 22 May 2025, focusing on key sectors driving Zimbabwe’s economic growth, including agriculture, renewable energy, and min

1 day ago

Dokwe Gold Project Sees 9% Increase in Gold Inventory

UK-based miner Ariana Resources, a company that focuses on exploring and developing mineral resources, particularly gold , has reported a 9% increase in gold inventory at the Dokwe Gold Project in Zim

1 day ago

Padenga Strikes Gold with Full Dallaglio Acquisition

Padenga Holdings Ltd. has solidified its transformation from crocodile skin producer to mining contender by acquiring full ownership of Dallaglio Investments, its gold mining subsidiary, through a 253

Mar 10, 2025

Gold Weekly Commentary: Zimbabwe's Mining Industry Hits New High

Zimbabwe has recorded its highest gold output in two months, marking a new record high as the country progresses toward its year-end production target. After achieving a record 36.48 tonnes in 2024, Z

Mar 10, 2025