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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


Trade, Industry and Competition Minister Parks Tau
SA signals intent to prohibit goods produced by forced labour after new 12.5% US tariff
27th July 2026 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau reports that government will publish a Gazette notice requesting public comments on South Africa’s intent to issue regulations to prohibit goods... 


Sibanye-Stillwater executive VP head of projects Ralph Lombard
Sibanye-Stillwater developing seven primary platinum metals mining projects
24th July 2026 By: Martin Creamer

Seven relatively shallow primary adjoining mining projects that focus largely on upper group two (UG2) reef and mainly mechanised mining are at various stages of development within the South... 


Image of Zondereinde mine
Zondereinde – Western extension project, South Africa – update
24th July 2026 By: Sheila Barradas

Northam officially opened the Western extension’s 3 Shaft on July 17, 2026. 


A generic image of a nickel mine
ARM board approves restart of Bokoni platinum, Nkomati nickel projects
23rd July 2026 By: Lumkile Nkomfe

The board of diversified mining company African Rainbow Minerals (ARM) has approved the development of its 180 000 t a month Bokoni platinum project, in Limpopo’s Bushveld Complex, following the... 


M Bond Pumps mining and industrial logo
Why standard valves fail in dense media separation
23rd July 2026

Discover why commercial valves fail in Dense Media Separation (DMS) circuits, and how severe-duty knife gate valves permanently eliminate wire-drawing. 


PIC buys further shares in Northam
22nd July 2026 By: Creamer Media Reporter

The Public Investment Corporation (PIC) has acquired further shares in platinum group metals (PGMs) miner Northam Platinum, taking its shareholding to nearly 20.47%. The PIC is Northam's largest... 


This week: Mintek targeting global flotation research recognition; First doré gold bar pour at DRDGOLD’s new Far West smelt house and, Expansion plans pointing to 75% increase in Sibanye-Stillwater’s chrome volumes
Resources Watch
22nd July 2026

This week: Mintek targeting global flotation research recognition; First doré gold bar pour at DRDGOLD’s new Far West smelt house and, Expansion plans pointing to 75% increase in... 


La Plata exploration site
Newmont acquires shares to maintain Metallic Minerals 9.2% shareholding
22nd July 2026 By: Marleny Arnoldi

Global gold miner Newmont Corporation has invested $902 916 to acquire 3.2-million units of TSX-V-listed Metallic Minerals Corporation in a private placement to maintain a 9.2% ownership interest... 


Valterra Platinum CEO Craig Miller
Higher sales volumes, prices contribute to significant earnings increases for Valterra
17th July 2026 By: Sabrina Jardim

Platinum group metals (PGMs) miner Valterra Platinum expects its headline earnings and headline earnings per share (HEPS) for the six months ended June 30 to increase by more than 1 388%... 


Image of Zondereinde's No 3 shaft
Northam unveils world’s deepest raise-bored PGM shaft
17th July 2026 By: Natasha Odendaal

Independent, integrated primary platinum-group metals (PGMs) producer Northam Platinum has officially opened Zondereinde No 3 Shaft, the world's deepest raise-bored PGMs personnel and materials... 


DRDGOLD, Sibanye-Stillwater, Mintek make headlines
DRDGOLD, Sibanye-Stillwater, Mintek make headlines
17th July 2026

Mining Weekly Editor Martin Creamer tell us how the new elution circuit and smelt house facility at DRDGOLD's Far West Gold Recoveries is performing; he discusses the R964m that is to be spent at... 


The Zondereinde mine
Zondereinde – Western extension project, South Africa – update
17th July 2026 By: Sheila Barradas

Merensky mined tonnages have increased during the 2026 financial year following the establishment of new stoping areas in the Western extension. 


Platinum nugget
Karo platinum project, Zimbabwe – update
17th July 2026 By: Sheila Barradas

Investment in Karo Platinum is continuing, with a focus on strategic infrastructure projects.  


Minerals Council South Africa economist André Lourens
South Africa's mine production weakens as commodity price support starts to fade – council
16th July 2026 By: Creamer Media Reporter

Minerals Council South Africa economist André Lourens notes that the country's mining output contracted the first time in five months in May, which "proved particularly challenging on two fronts".... 


An Eastplats operation
Eastplats appoints CFO
15th July 2026 By: Creamer Media Reporter

Toronto- and Johannesburg-listed Eastern Platinum (Eastplats) has appointed David Li CFO and corporate secretary. With more than 20 years of global executive experience in the mining and... 


Phoevos Pouroulis
Tharisa reports project development progress, steady third-quarter production
14th July 2026 By: Lumkile Nkomfe

JSE- and LSE-listed mining, metals and innovation company Tharisa remains on track to meet its full-year production guidance, while development of its Tharisa underground project, in South Africa,... 


Sibanye-Stillwater EVP Mining Operations Dawie van Aswegen.
R964m to be spent at Sibanye-Stillwater's K4 platinum group metals shaft
13th July 2026 By: Martin Creamer

Remaining project capital of R964-million of the total of R4.4-billion in real 2026 terms is to be spent this year and next on Sibanye-Stillwater’s K4 platinum group metals (PGMs) project at... 


Precious metals prices drop amid resurfacing Middle East tensions
Precious metals prices drop amid resurfacing Middle East tensions
13th July 2026 By: Sabrina Jardim

Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest... 


Photo of Martin Creamer
To combat climate change, green molecules are needed in addition to green electrons
10th July 2026 By: Martin Creamer

“If we look at how the economy is carbonised, an electron can only decarbonise between 60% to 70% of the economy.” This important point has been emphasised by SLR Consulting Power Sector Lead... 


Niel Lourens- VP Cyclones and Spirals
Precision in every particle: Multotec’s spirals and cyclones redefine separation efficiency
9th July 2026 By: Haydon Whitley

In an era where accuracy and efficiency define mineral processing performance, Multotec is advancing the science of separation through its high-efficiency spiral concentrators and cyclones.... 


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