December 12, 2019

Palladium is now more expensive than gold has ever been

Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold.

December 11, 2019

Poor market conditions derail Triple Flag IPO

Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million.

December 10, 2019

Palladium tops $1,900 as South Africa power cuts fuel supply woe

Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.”

December 10, 2019

South African mines grind to halt as floods worsen power crisis

Sector is experiencing the largest power blackouts in more than a decade.

December 2, 2019

Friedland regains control over large chunk of Ivanhoe shares

Friedland previously pledged 25m shares in Vancouver-based company to a bank.

November 28, 2019

Tharisa’s profits dive 83% as output declines

Pretax profit fell to $11.2 million for the year ended Sept. 30, from $65.0 million a year earlier.

November 27, 2019

Anglo CEO urges South Africa to upgrade rail, ports to boost mining

The government must tackle unresolved issues in the mining charter and “bring stability” to Eskom.

November 26, 2019

Zimbabwe miners appeal to minister over power supply failure

Zesa Holdings has broken its promise to “ring-fence” supplies to miners.

November 22, 2019

Platinum catch-22 prevents miners tapping the hottest metals

South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.

November 15, 2019

South Africa’s platinum mining firms, top union end ‘titanic battle’ as they seal wage deal

The deal comes as a relief to the sector, where officials were fearful of a repeat of a five-month platinum strike in 2014-2015 which crippled production and hurt the economy.