R/€ = 18.5751 Change: -0.1642
R/$ = 16.9673 Change: -0.0747
Au 1946.31 $/oz Change: -4.05
Pt $/oz Change:

Platinum Group Metals News

Smelter rebuild, lower grades contribute to Amplats’ lower fourth-quarter output

By: Marleny Arnoldi     Updated 5 hours ago Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has reported a 10% year-on-year decrease in metal-in-concentrate production to 990 400 oz for the fourth quarter of 2022. Output at the company’s own-managed mines decreased by 12% year-on-year to 557 600 oz, owing to lower... 

Ivanhoe outlines $3.78bn capex plans for 2023/4

By: Darren Parker     1st February 2023 TSX-listed Ivanhoe Mines intends to spend a combined $3.78-billion in capital expenditure (capex) on its Kamoa-Kakula copper project and Kipushi zinc/copper mine, in the Democratic Republic of Congo, as well as on its Platreef platinum group metals mine, in Limpopo, South Africa, in 2023 and... 

Kamoa-Kakula copper project
The Kamoa-Kakula copper project in the DRC

Mining fatalities reach a new low of 49; injuries, disease also decrease

By: Donna Slater     31st January 2023 South Africa’s mining industry suffered 49 fatalities in 2022 – a 34% improvement on the 74 fatalities of 2021 and a record low, thereby continuing the downward trend many in the mining industry have been rallying behind. “There has been no mine disaster or an accident where five or more people... 

Sibanye, Harmony, Gold Fields among miners listed in the 2023 Bloomberg Gender-Equality Index

By: Creamer Media Reporter      31st January 2023 Precious metals miners Sibanye-Stillwater, Harmony Gold and Gold Fields are among the mining firms recognised in this year's Bloomberg Gender-Equality Index. Harmony has been included in the index for the fifth consecutive year. 

Squeezed mining companies face growth dilemma

By: Reuters     31st January 2023 High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to robust commodity prices, China's reopening and the role of minerals in decarbonising the economy. Although years of cost discipline have repaired... 

Solar saving gold mine $145 000 a month, more renewables on way, says Pan African 

By: Martin Creamer     30th January 2023 The 10 MW solar power plant at Evander is averaging savings of $145 000 a month for the Mpumalanga gold mine, Pan African Resources said on Monday. Construction is scheduled to begin in June on yet another solar facility, this time an 8 MW photovoltaic solar plant at Barberton Mines’ gold... 

Shaft at Evander gold mine.
Shaft at Evander gold mine.

Sylvania lifts full-year production guidance

By: Creamer Media Reporter      30th January 2023 Platinum group metals (PGMs) producer Sylvania Platinum has increased its production guidance for the 2023 financial year to between 70 000 oz and 72 000 oz of platinum, palladium, rhodium and gold (4E). This follows a strong production performance at Sylvania's operations in the six months ended... 

Implats again extends longstop date for RBPlat buyout

By: Tasneem Bulbulia     27th January 2023 JSE-listed Impala Platinum (Implats) has extended the date set for fulfilment or waiver of the conditions precedent to its buyout offer to Royal Bafokeng Platinum (RBPlat) shareholders to March 31. As previously announced, the only remaining conditions precedent outstanding to declare the offer... 

Green hydrogen research given R35m boost 

By: Martin Creamer     27th January 2023 South Africa's North-West University (NWU) is investing around R35-million in strategic funding to advance green hydrogen research over the next five years.   This follows the announcement that Hydrogen South Africa Infrastructure Centre of Competence (HySA CoC) at NWU is collaborating with... 

Hydrogen South Africa solar power installation at NWU to supply renewable power for hydrogen production.
Hydrogen South Africa solar power installation at NWU to supply renewable power for hydrogen production.

Stillwater expands Montana project’s battery metals resource 62%

By: Creamer Media Reporter      27th January 2023 Vancouver-based Stillwater Critical Minerals has reported a 62% increase in the updated mineral resource estimate for its Stillwater West platinum group element, nickel, copper, cobalt and gold project,  in Montana, US. The study showed significant increases in tonnage and contained metal at... 

Mining Indaba to be ‘bigger than ever’

By: Sabrina Jardim     27th January 2023 This year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 6 to 9 – is expected to be “bigger than ever”, owing to strong commodity prices and an increase in demand for critical minerals, as well as battery and rare earth metals. “We... 

An image depicting speakers at the Mining Indaba
INTRODUCING… New programmes and initiatives will be introduced, such as the Explorers Showcase, the Junior MINE and Official Government Leaders Programme

Secure supply, efficiency needed for mining growth

27th January 2023 An important focus of this year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 6 to 9 – will be security and supply, and with good reason, says Omnia Group company BME MD Ralf Hennecke. He says the pressure is building for the... 

An image depicting a man, Ralf Hennecke
RALF HENNECKE The pressure is building for the mining sector to re-set its production capability in the face of growing future demand

Uncertainty can hinder investment potential – law firm

By: Sabrina Jardim     27th January 2023 The theme of this year’s Investing in African Mining Indaba – Unlocking African Mining Investment – is quite relevant, as uncertainty in the South African mining industry can create reluctance among investors, says law firm ENSafrica COO Otsile Matlou. He explains that there are three main... 

An image depicting a smiling man, Otsile Matlou
OTSILE MATLOU ENSafrica is sending its partners as delegates to the Mining Indaba to engage with industry players on pertinent issues

PTM resumes drilling at Waterberg

By: Marleny Arnoldi     26th January 2023 Canada-headquartered Platinum Group Metals (PTM) has confirmed that infill drilling is once again under way at the Waterberg palladium project site, in South Africa’s Bushveld Complex, after six of 16 boreholes were completed before the festive season break. The completed borehole drill cores... 

Loadshedding threatens South Africa's platinum supply 

By: Bloomberg     26th January 2023 South Africa’s worst ever power blackouts are threatening platinum and palladium supplies in the top miner, both now and in the years ahead. Outages last year curbed output of the metals, and the power crisis that’s crimping the economy has worsened in recent months. The nation’s platinum-group... 

A platinum bar produced by Impala Platinum
A platinum bar produced by Impala Platinum

PlatAfrica jewellery competition winners visit India

By: Schalk Burger     25th January 2023 The winners of the PlatAfrica jewellery design and manufacturing competition are on an all-expenses-paid trip to India, as part of their prize for winning the competition, to further inspire them by exposing them to international trends and techniques, as well as assisting them with skills... 

Eastplats, Implats extend Crocodile River tailings concentrate terms

By: Darren Parker     25th January 2023 The terms for Crocodile River tailings concentrate have been extended between Impala Platinum and Barplats Mine – subsidiaries of Impala Platinum Holdings (Implats) and Eastern Platinum (Eastplats), respectively. The terms were originally signed on September 29, 2020, for the delivery of platinum... 

Nornickel forecasts output drop in 2023 due to planned maintenance

By: Reuters     24th January 2023 Russian metals producer Norilsk Nickel said on Tuesday it expected its nickel and palladium production to fall this year due to planned refurbishment at its Nadezhda metallurgical plant after posting higher than forecast output in 2022. The resumption of production at two mines hit by flooding... 

Metals, mining industry execs pessimistic about global growth, CRU study finds

By: Tasneem Bulbulia     24th January 2023 More than half (52%) of global commodities business intelligence company CRU’s clients in the metals and mining industries expect global gross domestic product (GDP) to grow by no more than 1% this year, according to its yearly macroeconomic survey of clients, which polled global clients from the... 

Sasol secures first hydrogen-linked renewable energy supply contract  

By: Martin Creamer     24th January 2023 Chemicals and energy company Sasol has signed a long-term contract for the supply of 69 MW of renewable energy to its Sasolburg site in the Free State – the first of several agreements Sasol intends finalising in the coming months as it secures the renewable energy supply required to produce... 

Sasol energy business executive VP Priscillah Mabelane.
Photo by Creamer Media Chief Photographer Donna Slater
Sasol energy business executive VP Priscillah Mabelane.

Study confirms UG2 represents best development option at Bengwenyama

By: Tasneem Bulbulia     24th January 2023 ASX- and JSE-listed Southern Palladium advises that mining consultants Minxcon has completed an internal scoping study on the Bengwenyama platinum group metal (PGM) project, located on the Eastern Limb of the Bushveld Complex, in South Africa, concluding that extracting the upper group two (UG2)... 

Epiroc to deliver R200m of equipment to Bokoni platinum mine

By: Darren Parker     24th January 2023 Original-equipment manufacturer Epiroc has won a R200-million order for low-profiling mining equipment from diversified miner African Rainbow Minerals (ARM) for use at its Bokoni platinum mine, in Limpopo. ARM has ordered drill rigs, loaders and mine trucks from Epiroc. The mine is restarting... 

Epiroc underground equipment

Potanin says sanctions constrain Nornickel, force it to adjust strategy

By: Reuters     23rd January 2023 Nornickel boss Vladimir Potanin, one of Russia’s richest men, said on Monday that the metals giant was reworking its strategy and building closer ties with countries such as China, Turkey and Morocco because of Western sanctions on the Russian economy. Potanin told Russia’s RBC television that... 

Nornickel CEO Vladimir Potanin
Nornickel CEO Vladimir Potanin

Green hydrogen mine mobility on way in India to platinum applause

By: Martin Creamer     19th January 2023 India has opted for hydrogen fuel-cell heavy-duty mine truck mobility in a green initiative that will have platinum group metals (PGMs) miners applauding. This is because the clean emission-free power will come from proton exchange membrane PEM technology, which is PGM-enabled. 

Anglo American's large nuGen zero emissions haulage solution.
Photo by Creamer Media
Anglo American's large nuGen zero emissions haulage solution.

Africa can export its sunshine as hydrogen, prof highlights ahead of big Sun City event  

By: Martin Creamer     18th January 2023 JOHANNESBURG ( – In the past, geopolitics was such that oil- and gas-rich countries developed faster, but now countries that are able to export their sunshine in the form of hydrogen will be the ones in the pound seats as the world transitions to clean, green energy. 

Hydrogen South Africa Infrastructure Competence Centre director Professor Dmitri Bessarabov.
Hydrogen South Africa's Prof Dmitri Bessarabov interviewed by Mining Weekly's Martin Creamer.

November mining output down 9% y/y amid loadshedding

By: Darren Parker     17th January 2023 South Africa’s mining production fell by 9% year-on-year in November last year Statistics South Africa (Stats SA) reports in its latest mining production and sales report. The 9% decline is a slight improvement over the 11% year-on-year dip that was recorded in October. However, financial... 

machine on mine site

Waterberg spend reaches $81.5m

By: Marleny Arnoldi     16th January 2023 Canadian miner Platinum Group Metals (PTM) spent $1.06-million on the Waterberg project, located in the Bushveld Complex in South Africa’s Limpopo province, in the three months ended November 30, 2022, taking its total expenditure on the project to $41.5-million since inception. Total... 

China’s reopening should underpin commodity demand acceleration – Barclays 

By: Martin Creamer     13th January 2023 China’s reopening and ‘whatever it takes’ approach to the property sector are tectonic shifts that should underpin an acceleration in commodity demand through 2023, say Barclays Equity Research analysts. 2023 is set to be another strong year for miners, European metals and mining analysts Amos... 

Iron-ore sparkle.
Iron-ore sparkle.

Lithium sales from South Africa on track to begin this month, Marula Mining reports  

By: Martin Creamer     12th January 2023 Sales of lithium processed out of stockpiles at the Blesberg project in the Northern Cape are expected to commence this month. “We’re on track for the first delivery of a thousand tons through to the offtake party that we’ve contracted with,” Marula Mining CEO Jason Brewer told Mining Weekly in a... 

Marula Mining CEO Jason Brewer.
Marula Mining CEO Jason Brewer interviewed by Mining Weekly's Martin Creamer.

Glass manufacturing to support platinum industrial demand growth this year

By: Tasneem Bulbulia     12th January 2023 This year is forecast to be the second strongest year for industrial platinum demand on record, despite the challenging economic conditions that are prevailing, industry organisation the World Platinum Investment Council (WPIC) says. Demand is expected to increase by 10% to 2.3-million ounces,... 

Implats committed to giving RBPlat shareholders unconditional offer

By: Tasneem Bulbulia     11th January 2023 JSE-listed Impala Platinum (Implats) says in a statement that it continues to take all necessary and reasonable steps within its power and control to ensure Royal Bafokeng Platinum (RBPlat) shareholders receive a wholly unconditional offer. Implats notes that it continues to engage with the... 

Heavy rainfall cuts Tharisa’s mining volumes for the Dec quarter

By: Marleny Arnoldi     11th January 2023 Platinum group metals and chrome miner Tharisa Minerals has reported a decline in its mining volumes to 1.08-million tonnes in the quarter ended December 31, owing to “unprecedented rainfall”. This compares to mining volumes of 1.31-million tonnes in the quarter ended September 30, and... 

Platinum-boosting clean hydrogen projects, patents are all the rage 

By: Martin Creamer     11th January 2023 The implementation agreement for Namibia’s planned multibillion-dollar Hyphen Hydrogen Energy project is scheduled to commence in the first quarter of this year, Namibia President Hage Geingob revealed in his 2023 New Year’s message. Egypt has granted approval for two green hydrogen projects in... 

Clean hydrogen patent innovation is all the rage, say IEA and EPO.
Clean hydrogen patent innovation is all the rage, say IEA and EPO.

Pronounced platinum production plummet­ predicted by independent consultant 

By: Martin Creamer     10th January 2023 Global mine supply of platinum will fall by 500 000 oz to a million ounces as South Africa’s power shortage lowers production from 2023 to 2027, independent precious metals consultant Dr David Davis calculates in a summary report on platinum group metals (PGMs) production and Eskom. Davis, who... 

Independent consultant Dr David Davis
Photo by Creamer Media
Independent consultant Dr David Davis

Enable South Africa to become green hydrogen centre – ANC

By: Martin Creamer     9th January 2023 Enabling South Africa to become a green hydrogen centre through government support is highlighted in the January 8 Statement 2023 of the National Executive Committee (NEC) of the African National Congress (ANC). "The ANC recognises important work in the Hydrogen Roadmap and directs government to... 

Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.
Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.

Triple Flag invests C$15m for royalty on Thunder Bay North project

By: Marleny Arnoldi     20th December 2022 TSX-listed streaming and royalty company Triple Flag Precious Metals Corporation has acquired a 2.5% net smelter returns (NSR) royalty on Clean Air Metals’ Thunder Bay North project, in Northern Ontario, effective December 15. A total C$15-million will be funded in two tranches, with the first... 

Mixed performance for platinum jewellery demand in the third quarter

By: Marleny Arnoldi     19th December 2022 Platinum jewellery demand had a mixed performance in the third quarter, with the Platinum Jewellery Business Review showing year-on-year declines in demand in the US and China and increases in India and Japan. In India, a 35% year-on-year increase in platinum jewellery sales was powered by... 

Lab confirms high-carbon sequestration potential of Nickel Creek’s Wellgreen deposit

By: Marleny Arnoldi     19th December 2022 TSX-listed Nickel Creek Platinum has announced that the Wellgreen deposit at its Nickel Shäw project, in Yukon, is capable of sequestrating about 34 400 t/y of carbon dioxide, or 2 100 t/y of carbon dioxide per million tonnes of tailings. The project is a large undeveloped nickel sulphide... 

2 3 4 5 6 7 8 9
RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Subscribe Now
Free daily email newsletter Register Now