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Precious Metals

Precious metals are rare, naturally occurring metallic elements of high economic value, prized for their scarcity, durability, lustre and resistance to corrosion. The category encompasses gold, silver, platinum and palladium, along with the other platinum-group metals (PGMs) including rhodium, ruthenium, iridium and osmium. These metals play critical roles across multiple sectors, from jewellery and investment to industrial applications in electronics, automotive catalytic converters, chemical processing and medical devices. Gold and silver have served as stores of value and monetary standards for millennia, while platinum and palladium are essential to emissions-control technology in vehicles. South Africa, Russia, Zimbabwe and North America are among the leading producers, with South Africa historically dominant in platinum and gold output. The precious metals market is characterised by price volatility driven by investment demand, industrial consumption, currency movements, geopolitical risk and central bank policy. Trading occurs on major exchanges including the London Bullion Market, the New York Mercantile Exchange and the Johannesburg Stock Exchange, where mining companies are prominent constituents. Demand for precious metals is influenced by jewellery fabrication in Asia, automotive production cycles, electronics manufacturing and safe-haven buying during economic uncertainty. The sector supports significant employment and export revenue in producing countries, particularly in sub-Saharan Africa. Extraction and refining require substantial capital investment, advanced metallurgical expertise and adherence to environmental and safety standards.

Precious Metals News


South32 delivers strong operating results, accelerates portfolio transition
South32 delivers strong operating results, accelerates portfolio transition
20th July 2026 By: Sabrina Jardim

In its latest quarterly report, diversified miner South32 CEO Matt Daley says the group continued to deliver strong operating results, exceeding group production guidance for the financial year... 


Unlocking Africa’s precious metals value chain
Unlocking Africa’s precious metals value chain
10th July 2026

Mining has always been about finding value underground. Africa’s next challenge is keeping far more of that value above ground. Africa’s mining challenge is no longer geological — it is about... 


Silver granules
India silver import curbs create shortages, push premiums to six-month high
8th July 2026 By: Reuters

India's restrictions on silver imports have created shortages in the world's biggest market for the precious metal, pushing premiums to their highest levels in six months despite weaker-than-usual... 


Gold smelting
Citi gains seat at heart of global bullion trading with clearing approval
6th July 2026 By: Reuters

Citi has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the... 


Texas Precious Metals and Sunshine Minting executives alongside 'world's heaviest silver coin'
Texas Precious Metals earns 'world's heaviest silver coin' Guinness World Records title
2nd July 2026 By: Marleny Arnoldi

US precious metals dealer Texas Precious Metals has officially earned a Guinness World Records title for the World's Heaviest Silver Coin, after an unveiling held on July 1, in Texas. Manufactured... 


An image of copper
US-Iran deal to have varied impact on metals complex – BMI
26th June 2026 By: Tasneem Bulbulia

The metals complex is poised for a mixed performance following the US-Iran deal announced in June, with easing demand-side concerns supporting industrial metals, while the alleviation of... 


An image of PwC South Africa energy, utilities and resources leader Andries Rossouw
Action imperative for future success of global mining industry – PwC
25th June 2026 By: Tasneem Bulbulia

The mining industry is delivering a solid financial performance despite grappling with rising geopolitical pressures, energy transition demands and structural investment gaps. However, despite this... 


Canadian flag
Argyle shifts focus to Canadian assets, discontinues US projects
21st May 2026 By: Marleny Arnoldi

Junior explorer Argyle Resources Corporation has announced a strategic shift in its priorities and exploration portfolio, including to discontinue its involvement in the Bovill silica project, in... 


Electroheat Induction furnaces used in gold smelting
Technology improves energy efficiency in mine smelting furnaces
15th May 2026

Induction smelting furnaces are increasingly being used by refineries and gold- or silver-processing plant to recover precious metals from concentrates and precipitates. These systems combine... 


McEwen's Gold Bar Complex
Precious metals miner McEwen posts Q1 revenue gains, own-funded growth pipeline
7th May 2026 By: Marleny Arnoldi

NYSE- and TSX-listed precious metals miner McEwen’s revenue increased by 107% year-on-year in the quarter ended March 31, reaching $74-million from the sale of 15 572 gold-equivalent ounces (GEOs).... 


Osisko Development's Cariboo project in British Columbia
Mining Association of British Columbia confirms immense value of mining in the country
6th May 2026 By: Marleny Arnoldi

The Mining Association of British Columbia (MABC) finds in a new independent study that mining is a key driver of economic activity in Metro Vancouver and Vancouver Island, supporting more than 12... 


Gold coins
Gold.com deal creates largest gold minting network in North America
7th April 2026 By: Marleny Arnoldi

NYSE-listed fully integrated asset platform Gold.com has announced it will soon offer an extensive range of precious metals, numismatic coins, and collectibles following the acquisition of a... 


World Platinum Investment Council Director of Research Edward Sterck.
‘Extremely robust’ platinum investment demand expected
20th March 2026 By: Martin Creamer

Investment demand for platinum is expected to be “extremely robust” in 2026. “We've not only got the attractiveness in terms of platinum’s underlying supply demand fundamentals, but we also have a... 


Silver granules
WGC unpacks gold, silver market differences as investors seek crisis diversification
19th March 2026 By: Marleny Arnoldi

During times of global uncertainty and geopolitical uncertainty, commodities such as gold and silver tend to benefit from increased demand; however, the World Gold Council (WGC) says the demand... 


The Antamina mine in Peru
Wheaton forecasts strong 2026 output growth
13th March 2026 By: Mariaan Webb

Precious metals streaming company Wheaton Precious Metals expects production growth in 2026, forecasting attributable output of 860 000 oz to 940 000 oz of gold equivalent as new streams and... 


An image of platinum jewellery from PGI
Platinum jewellery remains resilient – PGI
11th March 2026 By: Tasneem Bulbulia

Amid record precious metals pricing and shifting luxury demand dynamics, platinum jewellery is demonstrating notable resilience, supported by substitution trends versus gold and continued strength... 


Gold cubes
Gold, silver prices lower as concerns over Middle East conflict ease
10th March 2026 By: Marleny Arnoldi

Precious metals refiner Heraeus says the initial safe haven boost to gold has faded, with the gold price still suffering from the fallout of the rapid rally to its record high. Safe-haven... 


An image from Rand Refinery
Rand Refinery expands bursary programme, socioeconomic initiatives
6th March 2026 By: Tasneem Bulbulia

Precious metals refiner Rand Refinery has expanded its bursary programme and socioeconomic initiatives. Since its inception in 2023, the Rand Refinery Bursary Scheme has grown, with the number of... 


World Platinum Investment Council Director of Research Edward Sterck.
‘Extremely robust’ platinum investment demand expected
4th March 2026 By: Martin Creamer

Investment demand for platinum is expected to be “extremely robust” in 2026. “We've not only got the attractiveness in terms of platinum’s underlying supply demand fundamentals, but we also have a... 


Wheaton CEO Randy Smallwood
Wheaton names wastewater treatment solutions provider the winner of its Future of Mining Challenge
3rd March 2026 By: Creamer Media Reporter

Precious metals investment vehicle Wheaton Precious Metals Corp has selected wastewater treatment solutions provider Cetos Water as the winner of its second yearly Future of Mining Challenge and... 


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