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Platinum

Platinum is a dense, silvery-white precious metal with the chemical symbol Pt and atomic number 78. It belongs to the platinum-group metals (PGMs), which also include palladium, rhodium, ruthenium, iridium and osmium. Platinum is highly resistant to corrosion and heat, making it valuable for industrial applications as well as investment and jewellery. The metal is primarily used in autocatalysts for vehicle emissions control systems, accounting for a significant share of global demand. Other major applications include jewellery manufacturing, particularly in Asia, and industrial uses such as petroleum refining, electronics, medical devices and glass production. Platinum is also traded as a commodity on global markets, with prices influenced by supply constraints, automotive demand, investment flows and broader economic conditions. The metal is rarer than gold and is mined predominantly in South Africa and Russia, with smaller production from Zimbabwe, Canada and the United States. Platinum's dual role as both an industrial metal and a store of value means its price can be volatile, responding to shifts in automotive production, environmental regulation, currency movements and geopolitical risk. Investors access platinum through physical bullion, exchange-traded funds and futures contracts.

Platinum News


Mining input cost inflation slows, but risks to the outlook remain
Mining input cost inflation slows, but risks to the outlook remain
4th September 2026 By: Sabrina Jardim

The Minerals Council South Africa says mining input cost inflation moderated further in July, reflecting a temporary easing in fuel and crude oil prices. The council’s mining composite input (MCI)... 


Sibanye-Stillwater, hydrogen truck fleet opportunity, Northam Platinum make headlines
Sibanye-Stillwater, hydrogen truck fleet opportunity, Northam Platinum make headlines
4th September 2026

Mining Weekly Editor Martin Creamer unpacks Sibanye-Stillwater’s new projects; a six-million-ounce platinum demand opportunity from hydrogen truck fleets; and Northam Platinum wanting its Eland... 


Photo of Martin Creamer
On-The-Air (04/09/2026)
4th September 2026 By: Martin Creamer

Martin Creamer talks about Sibanye-Stillwater, hydrogen truck fleet opportunity and Northam Platinum. 


ariel view of Caldonia mine
Zimbabwe seeks deeper mineral value addition
4th September 2026 By: Devina Haripersad

Zimbabwe needs to attract investment into processing, refining and minerals-based manufacturing to retain more value from its mineral resources, reports investment promotion entity Zimbabwe... 


An image of the Tumela mine at the Amandelbult operation
First half PGM supply shows recovery, not sustained production growth – Heraeus
4th September 2026 By: Tasneem Bulbulia

South African platinum group metal (PGM) mine production recovered strongly in the first half of this year, although much of the improvement reflects normalisation from the weather-disrupted first... 


An image of the Bakubung mine
Wesizwe reaches agreement with AMCU, but not NUM, over Bakubung restructuring
3rd September 2026 By: Tasneem Bulbulia

JSE-listed Wesizwe Platinum says the consultation and facilitation process in terms of Section 189A of the Labour Relations Act (LRA), conducted under the auspices of the Commission for... 


An image of Mimosa mine
Rockwell Automation collaborates with Mimosa mine, local partner to modernise Zimbabwe mine
3rd September 2026 By: Tasneem Bulbulia

Industrial automation and digital transformation company Rockwell Automation has announced a new collaboration with Mimosa mine and Mine Elect to support the mine’s ongoing modernisation programme.... 


Valterra Platinum's Unki mine completes first-ever IRMA renewal audit
Valterra Platinum's Unki mine completes first-ever IRMA renewal audit
3rd September 2026 By: Sabrina Jardim

Nonprofit organisation (NPO) the Initiative for Responsible Mining Assurance (IRMA) has released the first renewal audit report in its history, assessing JSE-listed Valterra Platinum's Unki mine,... 


Municipal infrastructure and mining: critical and interdependent
3rd September 2026

Municipal infrastructure is both crucial for supporting the mining sector, and can depend on mining to support municipal growth. It requires good leadership, skilled human resources and forward... 


Implats CEO Nico Muller.
Implats generates R22bn free cash, returns R17bn to shareholders
3rd September 2026 By: Martin Creamer

Superb mining and processing delivery, increased refined production, higher sales volumes and a significant recovery in precious and base metal pricing drove substantial growth in profitability,... 


The Boulder East mine
Sibanye-Stillwater receives strike notice for sections of its US PGM operations
2nd September 2026 By: Creamer Media Reporter

Global mining and metals processing group Sibanye-Stillwater says it has received notification from the United Steelworkers union that its members, covered by the Stillwater East mine and Columbus... 


The three gaps costing mines performance
2nd September 2026

By: Arjen de Bruin - Group CEO at OIM Consulting A meeting scheduled for 15 minutes runs for 25. A crew waits longer than planned for a site to be signed off. The next shift is expected to catch... 


Sibanye's Mt Lyell copper project in Australia
Sibanye presses ahead with first copper project as half-year profit triples
2nd September 2026 By: Reuters

Sibanye-Stillwater has approved its Australian copper project, it said on Tuesday after reporting a surge in half-year profit on higher gold and platinum group metal (PGM) prices. The... 


Mining Indaba logo
Africa's greatest mineral asset isn't underground
2nd September 2026

The global race for critical minerals is entering a new phase. No longer defined solely by access to mineral reserves, it is increasingly being shaped by industrial policy, geopolitical... 


Sibanye-Stillwater CEO Richard Stewart.
Sibanye-Stillwater earnings rocket 111%, R5.7bn dividend declared
1st September 2026 By: Martin Creamer

Platinum group metals (PGM) and gold mining company Sibanye-Stillwater achieved an exceptional half-year financial performance, with record revenue up 65% at R90-billion and adjusted earnings... 


Valterra Platinum executive head: marketing Hilton Ingram.
Six-million-ounce platinum demand opportunity from hydrogen truck fleets
1st September 2026 By: Martin Creamer

If a 20% global truck fleet share can be secured at current or near current platinum loading, there is a six-million-ounce platinum opportunity from a demand perspective, according to Valterra... 


Northam Platinum CEO Paul Dunne.
Eland mine heading for complete greenness, Northam Platinum highlights
28th August 2026 By: Martin Creamer

Northam Platinum is looking to establish the Eland mine as South Africa’s first platinum group metals (PGMs) mine operating solely on renewable energy. In addition, Eland is water positive, and the... 


Northam Platinum CEO Paul Dunne.
Northam Platinum’s operating profit soars 293%, record cash dividend declared
28th August 2026 By: Martin Creamer

The operating profit of platinum group metals (PGMs) and chrome mining company Northam Platinum increased by more than 293% in its 2026 financial year (FY26), the Johannesburg Stock Exchange-listed... 


Pilot Crushtec delivers crushing performance for mines of every size
Pilot Crushtec delivers crushing performance for mines of every size
28th August 2026

Mobile crushing and screening solutions provider Pilot Crushtec continues to strengthen its position as a trusted partner to Africa’s mining sector by delivering crushing and screening solutions... 


Gallium sample
Lithium Universe successfully recovers gallium, platinum from e-waste
27th August 2026 By: Marleny Arnoldi

ASX-listed Lithium Universe has demonstrated that its licensed tertiary diamide ligand technology can successfully extract and precipitate gallium and platinum from e-waste. Together with its... 


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pqt: 0.223s - ct: 0.286s - 275pq - 2rq
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