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Sibanye-Stillwater, trade unions ink three-year wage agreement for Kroondal

By: Simone Liedtke     23rd October 2020 JSE- and NYSE-listed Sibanye-Stillwater has concluded a three-year wage agreement for its Kroondal operation, which forms part of its South African platinum group metal (PGM) operations. The wage agreement was concluded with the National Union of Mineworkers and the Association of Mineworkers and... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

On-The-Air (16/10/2020) 

By: Martin Creamer     16th October 2020 Science and Innovation Minister Blade Nzimande this week launched a promising Platinum Valley Corridor Project; A new fund has been launched to give financial support to small-scale mining development; Huge enthusiasm is building around the boost that green hydrogen generation can give to... 

Exploration strategy in three months, hydrogen under scrutiny – DMRE  

By: Martin Creamer     8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... 

Platinum to benefit from hydrogen revolution push, says WPIC 

By: Simone Liedtke     7th October 2020 The hydrogen revolution is fast becoming action rather than talk, says the World Platinum Investment Council (WPIC). It notes that a series of spending commitments and investments are “pointing to a future where hydrogen will be a mainstream source of sustainable fuel”. 

Sedibelo Platinum Mines closer to finding listing date – Frandsen  

By: Martin Creamer     5th October 2020 The unlisted Sedibelo Platinum in South Africa’s North West province is closer to finding a listing date, says Pallinghurst managing partner and co-founder and Sedibelo chairperson Arne Frandsen, who is absolutely bullish about the prospects for platinum group metals (PGMs) in the medium to long... 

Pandemic bolsters US demand for precious metals

By: Tasneem Bulbulia     25th September 2020 The Covid-19 pandemic has acted as a catalyst for furthering investment in gold and silver in the US, with a new wave of investors who have never bought precious metals before now considering investing in such assets, Monex Precious Metals broker Albert Johnston III said during an LBMA-hosted... 

Green hydrogen economy growing rapidly – Hatch  

By: Martin Creamer     25th September 2020 At Glencore’s Raglan Mine, in Canada, a closed loop, microgrid system converts excess wind power to hydrogen, which is then stored in tanks. During periods of low wind power, a fuel cell produces electricity from the stored hydrogen, and within the facility are also innovations such as a battery... 

Diesel vehicle push could boost platinum demand, says WPIC 

By: Donna Slater     25th September 2020 A resurgence in encouraging vehicle buyers to buy diesel vehicles could result in a boost for platinum demand, says the World Platinum Investment Council (WPIC). In January 2021, the European Commission will measure the average fleet carbon dioxide (CO2) emissions of each European automotive... 

Precious metals set for worst week since March on rising dollar

By: Bloomberg     25th September 2020 Gold extended losses, capping a torrid week for precious metals, which are set for their biggest losses since the virus panicked markets in March. Bullion declined again on Friday as the US dollar rose, after touching the lowest since July a day earlier. The outlook for the global economic... 

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