Search results for 'Platinum'
World
Strategic Growth and Diversification: Sibanye's Q1 2023 Performance and Key Projects in Zimbabwe and Europe
One of the key projects that Sibanye is advancing is the Keliber lithium refinery project in Europe. The construction of the refinery commenced in March 2023, and the project is set to supply regional
May 10, 2023
Zimbabwe
Tharisa's Karo Platinum Project in Zimbabwe Set to Boost the Country's Economy and Cement its Position as a Key Player in the PGM Industry
The concrete foundation pouring is progressing well, with earthworks nearing completion. The pilot mining has commenced, and operational tests will soon begin. Long-lead items manufacturing is progres
Jul 19, 2023
Zimbabwe
Platinum Deficit Forecast for 2023 Reaches Record High, Signalling Opportunities for Zimbabwe
This presents a unique opportunity for countries like Zimbabwe, which has seen a slight increase in platinum supply amid challenges faced by other major producers. Zimbabwe exports nickel mattes large
Sep 06, 2023
Zimbabwe
Impala Platinum Holdings Shines Amidst Challenges, Reports Strong Production Growth in H1 FY2024
Impala Platinum Holdings reported a gross Group 6E production increase of 18% to 1.90 million 6E ounces compared to the same period last year. This growth was primarily driven by improved production f
Jan 31, 2024
South Africa
Steadfast Safety and Surging Refinement: Anglo American Platinum's Resilience in a Volatile PGM Market
The fourth quarter of 2023 was a turbulent one for the platinum group metals (pgm) market, as geopolitical tensions and supply disruptions affected the prices and availability of these precious metals
Feb 08, 2024
Zimbabwe
Zimplats Delivers Solid Performance Amid Challenging Conditions for Impala Platinum
Zimplats, which is 87% (June 2023) owned by Implats, increased its 6E (platinum, palladium, rhodium, ruthenium, iridium and gold) matte production by 5.7% to 646,000 ounces. This solid performance was
Aug 08, 2024
World
Platinum's Q3 Update: Deficit Persists, Extends into 2025 as Prices Continue to Slide
The global platinum supply experienced a 7% year-over-year (YoY) increase to 1,479 koz in Q3 2024, primarily driven by augmented stock releases in South Africa. This uptick in supply was a welcome dev
Nov 27, 2024
World
How Will Commodity Markets React to US Withdrawal from Climate Pact? Mixed Fortunes for Zimbabwe's Mining Sector
The United States President, Donald Trump, has withdrawn the United States from the Paris Agreement, citing national interests. Under the international climate accord, first negotiated in 2015, countr
Jan 22, 2025
South Africa
Anglo American Platinum Forecasts Earnings Plunge of Between R7.6 Billion to R9.0 Billion in FY2024
The platinum group metals (PGM) sector continues to face significant headwinds, with declining prices and operational challenges weighing heavily on producers. Anglo American Platinum, the world’s lea
Feb 06, 2025
Top Stories
Zimbabwe's Listed Firms Face Financial Reporting Delays As Government Mandates ZiG Reporting
Zimbabwe’s listed companies are grappling with a wave of delays in releasing their audited financial statements for the year ended 31 December 2024, as First Capital Bank Limited, African Sun Limited,
9 hours agoTrump Slaps Zimbabwe Goods with 18% Reciprocal Tariffs: How Much Does Zim Really Trade with the USA?
he United States has imposed new tariffs on Zimbabwe as part of President Donald Trump’s rollout of a trade war strategy, introducing “reciprocal tariffs” that subject Zimbabwean goods to a minimum ta
1 day agoZiG Weekly Commentary: Gradual Erosion Hits New April Peak, RBZ Holds Rates High But Demand Action Lags
The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the
Apr 02, 2025