https://www.miningweekly.com

Receive our free daily newsletter:

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


An image of the Tumela mine at the Amandelbult operation
First half PGM supply shows recovery, rather than sustained production growth – Heraeus
Updated 1 hour 2 minutes ago 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... 


Eastplats’ second-quarter net loss widens on lower sales, higher costs
Eastplats’ second-quarter net loss widens on lower sales, higher costs
14th August 2026 By: Sabrina Jardim

Toronto- and Johannesburg-listed Eastern Platinum’s (Eastplats’) net loss widened to $6.1-million, or a loss of $0.03 a share, for the second quarter ended June 30, compared with the net loss s of... 


Research Institute for Innovation and Sustainability consultant Ashleigh Muller.
Modernisation of South African mining is an ‘urgent strategic priority’
14th August 2026 By: Martin Creamer

Mining modernisation, with private and public sectors as drivers, is an urgent strategic priority for the South African economy, a study undertaken by industry leaders, researchers, government... 


Mining production decreased by 4% y/y in June
Mining production decreased by 4% y/y in June
13th August 2026 By: Sabrina Jardim

Statistics South Africa (Stats SA) reports that mining production decreased by 4% year-on-year in June, with the largest negative contributor being platinum group metals (PGMs), which recorded a... 


McCreedy West mine, in Ontario
Magna posts solid second-quarter output, cashflow
13th August 2026 By: Marleny Arnoldi

Canadian base and platinum group metals miner Magna Mining has achieved solid production of 4.5-million copper-equivalent payable pounds in the second quarter and 8.6-million copper-equivalent... 


An image of an Implats furnace
Stronger prices drive Implats’ full-year earnings higher
12th August 2026 By: Tasneem Bulbulia

JSE-listed Impala Platinum (Implats) expects to report an improvement in both basic and headline earnings for the financial year ended June 30, with this increase primarily owing to gains in both... 


Southern Palladium MD Johan Odendaal
Southern Palladium's JSE share price surges on granting of Bengwenyama mining right
11th August 2026 By: Chanel de Bruyn

Johannesburg- and Australia-listed Southern Palladium's share price on the JSE jumped by nearly 28% on August 11 after the company confirmed that South Africa's Department of Mineral and Petroleum... 


The site of the mine dump collapse in Rustenburg
Rustenburg mine dump collapse kills 14 illegal miners, police say
11th August 2026 By: Reuters

RUSTENBURG - At least 14 suspected illegal miners were killed and eight injured when a mine dump collapsed in South Africa's North West province on Monday night, police said. Search and rescue... 


Ronald Lamola
Lamola calls for value-added critical minerals industry to drive Africa's industrialisation
7th August 2026 By: Lumkile Nkomfe

Africa must seize the global critical minerals opportunity to accelerate industrialisation, create jobs and deepen regional economic integration rather than continue exporting raw materials,... 


Photo of Martin Creamer
On-The-Air (07/08/2026)
7th August 2026 By: Martin Creamer

Martin Creamer talks about energy-saving smelting technology; ARM growth projects and increased iron-ore demand  


Operations at Eastplats' Crocodile River Mine
Eastplats appoints interim CEO as Yang steps down
7th August 2026 By: Creamer Media Reporter

Toronto- and Johannesburg-listed Eastern Platinum (Eastplats) has appointed chairperson Changyu Liu as interim president and CEO, with effect from August 13, to succeed Wanjin Yang, who is stepping... 


Image of the Sandvik CH662 cone crusher
State-of-the-art cone crusher technology delivered to African platinum mine
7th August 2026

Two new cone crushers are to be deployed in a secondary crushing application as part of an underground expansion project on a platinum mine in South Africa’s Limpopo province. The Sandvik CH662... 


LOcation map of the Sakatti project
Sakatti copper and polymetallic project, Finland – update
7th August 2026 By: Sheila Barradas

Prefeasibility studies are ongoing. 


Image of Platreef mine underground
Platreef palladium/rhodium/nickel/platinum/copper/gold project, South Africa – update
7th August 2026 By: Sheila Barradas

Ivanhoe Mine has also reported that Japanese consortium shareholder ITC Platinum has committed to fund its proportionate share of the Phase 2 expansion. 


Image of platinum ore
Mogalakwena mine – Sandsloot underground project, South Africa – update
7th August 2026 By: Sheila Barradas

Valterra Platinum has made good progress with the project. 


A group of women in an underground mine all in PPE representing gender equity
Milestones put miner at fore of equity drive
7th August 2026 By: Halima Frost

Platinum group metals miner Implats has superseded its diversity targets ahead of its 2026 financial year end deadline, surpassing its goal of achieving 29% women representation in management, with... 


Centre for Science, Technology and Innovation Indicators research specialist Dr Amy Kahn.
Is South African mining’s modernisation urgency falling largely on deaf ears?
6th August 2026 By: Martin Creamer

Despite South African mining ending up tenth in a ten-country global benchmarking exercise, two-thirds of the respondents who participated in a survey appear to be more intent on just doing the... 


Valterra Platinum CEO Craig Miller
Valterra, Pujing Chemical to collaborate on advancing innovative production technology
5th August 2026 By: Sabrina Jardim

South Africa-headquartered Valterra Platinum has, through a Chinese subsidiary, entered into a collaboration agreement with Shanghai Pujing Chemical Technology to support the scale-up and further... 


Centre for Science Technology and Innovation Indicators’ senior research specialist Dr Kgabo H Ramoroka.
Considerable room to increase mining’s innovation intensity, survey finds
4th August 2026 By: Martin Creamer

The results of a study on the modernisation of South African mining indicate that there is considerable room to increase innovation participation and intensity across the firms surveyed. The... 


Gold bars
Is gold still the safe haven it was? Research suggests it has lost its lustre
4th August 2026 By: Rebecca Campbell

Gold is no longer the certain safe haven it once was, researchers at the University of Cape Town’s (UCT’s) Department of Finance and Tax have discovered. The yellow metal lost this status as a... 


1
2 3

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.027s - ct: 0.068s - 105pq - 2rq
Subscribe Now