August 31, 2022

Quebec Nickel drills greater than 1% nickel at Ducros project

Three key targets so far at the project are Fortin Sill, the Ducros Sill Complex and the Ducros Gabbro. 

August 26, 2022

Northam Platinum posts profit dip as costs surge

Increases in the price of chemicals, steel components, explosives and fuel drove Northam's production costs 18.9% higher.

August 25, 2022

Sibanye says new US Inflation Reduction Act offers opportunities

Sibanye would consider more US assets if value accretive -CEO.

August 17, 2022

Sibanye warns on profit, shares tumble

The company said gold production fell by 77% in the first half following a strike at its South African gold operations.

August 16, 2022

Magna Mining acquires Crean Hill mine with Lonmin Canada takeover

The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.

August 11, 2022

Sibanye Stillwater CEO says market conditions not ideal for gold M&A

Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."

August 11, 2022

Sibanye cuts US palladium mines output forecast after floods

Company now expects its US PGM mines to produce between 445,000-460,000 ounces of platinum and palladium this year, down from 550,000-580,000 ounces expected previously.

August 3, 2022

Analysts slash platinum and palladium forecasts amid global slowdown

Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900.

August 2, 2022

Nornickel reduces nickel, palladium sales in H1 as supply chains disrupted

Nornickel's first-half sales of nickel fell by 6%, palladium by 4% and platinum by 18%.

August 2, 2022

RBPlat posts 58% fall in H1 profit on lower metal prices, soaring costs

Platinum group metals have come off their highs seen during the early part of 2021, when the global economy started to emerge from the covid-19 shutdowns.