5 Top Countries for Palladium and Platinum Production
By Siv Padhy
These are 2016’s top countries for palladium and platinum production, as per the latest data from the US Geological Survey.
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Your trusted source for investing success
By Siv Padhy
These are 2016’s top countries for palladium and platinum production, as per the latest data from the US Geological Survey.
By Melissa Shaw
Lonmin is one of several South African platinum miners that is currently facing challenges at its operations in the country.
By Melissa Shaw
Atlatsa Resources (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) announces that it has entered into a letter agreement dated 21 July 2017 (“Letter Agreement”) with Anglo American Platinum Limited (“Anglo American Platinum”) outlining key terms agreed in relation to a two-phased transaction in terms of which Atlatsa will implement:
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Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) announces its operating and financial results for the quarter and year ended December 31, 2016. This release should be read together with the Company’s audited consolidated financial statements for the year ended December 31, 2016 (the “Consolidated Financial Statements”),
Platinum is widely used in a variety of sectors, and some market watchers believe it is a compelling investment. Here’s how to invest in platinum.
In its latest forecast the organization calls for a platinum deficit of 120,000 ounces in 2017.
Platinum group metals mining production in the top producing country dropped by 10.8 percent in November.
By Contributor
South Africa’s largest miner producer of gold has been given the green light to proceed with the $2.2 billion acquisition of Stillwater Mining (NYSE:SWC), the only US platinum producer.
Platinum is on track for another year of deficit, but what else is ahead for the precious metal in 2017?
Platinum will have a bigger deficit in 2016 than expected due to less demand and mining.
Anglo American Platinum has stopped production at its Waterval smelter in South Africa after a leak was detected on Saturday.
According to the press release:
All emergency procedures, including actions to safeguard all site personnel, were successfully implemented and no one was injured.
A preliminary assessment of the damage to the furnace has
By Jocelyn Aspa
Platinum producers in South Africa could go on strike for the second time in two years if matters surrounding labour issues and higher wages aren’t sorted out.
By Jocelyn Aspa
Electric vehicles are on the rise and could potentially put a dent in the platinum market
Business Day Live reported that Jean Nel, former CEO of Aquarius Platinum (ASX:AQP) will head the platinum division of Sibanye Gold (NYSE:SBGL).
As quoted in the publication:
In a restructuring of the Sibanye company into three divisions as it becomes a multi-commodity business, the company has appointed three experienced heads of each
South Africa’s Association of Mineworkers and Construction Union (AMCU) represents a large number of workers in the world’s largest platinum producing country. Here’s a brief overview of the organization’s history.
Platinum Group Metals Ltd. (TSX:PTM,NYSEMKT:PLG) announced that the Maseve platinum mine completed a 72-hour test run during the hot commissioning of its concentrator facility.
Mining Weekly reported that Sibanye Gold (JSE:SGL) of Anglo American Platinum’s (JSE:AMS) Rustenburg platinum assets.
Reuters reported that Zimbabwe’s Chamber of Mines has advised the country to cut royalties for platinum miners Anglo American Platinum (JSE:AMS) and Impala Platinum (JSE:IMP).
Platinum prices have been on the downtrend this year, and things are not looking up going into next year. Here’s a look at the platinum price forecast for 2016.
Bloomberg reported that Anglo American Platinum (JSE:AMS) will see its profit drop 20 percent this year amidst weak platinum group metals prices. Overall, Amplats is planning $976 million of asset writedowns.
