R/€ = 16.63 Change: -0.02
R/$ = 14.81 Change: 0.00
Au 1341.00 $/oz Change: 5.48
Pt 791.77 $/oz Change: -7.27


Military stake stymies $4bn Zimbabwe platinum project  

By: Bloomberg     15th May 2019 A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4-billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions. The African Export-Import Bank has the mandate to raise money for the... 

PTM extends Waterberg DFS completion date to August

By: Tasneem Bulbulia     15th April 2019 TSX- and NYSE American-listed Platinum Group Metals (PTM) has extended the completion date of a definitive feasibility study (DFS) for the large-scale, palladium dominant and bulk mineable Waterberg project in South Africa to August to accommodate a new design plan. The DFS is being managed by... 

Palladium rally offers lifeline to stressed South African miners

By: Bloomberg     5th February 2019 Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa’s platinum industry. For South African producers, the rally in palladium is partially offsetting the slump in platinum prices to near a decade low. Combined with a decline in the rand, which lowers costs for... 

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