Search results: platinum group metal (PGM)

As global platinum prices continue to fluctuate, Zimbabwe's mining industry—historically anchored by its three major platinum producers: Zimplats, Mimosa, and Unki—finds itself at a critical crossroads. By Rudairo Mapuranga These mines have been the backbone of Zimbabwe’s $5...

Zimbabwe's third-largest platinum group metals (PGM) producer, Unki Mine's parent company, Anglo American Platinum (Amplats), has proposed a name change to Valterra Platinum as part of its plans to spin off into a standalone unit, Mining...

Zimbabwe’s platinum production declined by 9% year-on-year to 121,000 ounces (koz), primarily due to reduced output at Zimplats, the country’s leading platinum group metals (PGM) producer, according to a recent report from the World Platinum Investment...

The country’s biggest Platinum Group Metal (PGM) producer, Zimplats, has reported a staggering 96% decline in profits for the fiscal year ending September 30, 2024, Mining Zimbabwe can confirm.By Rudairo MapurangaThe company's profit after tax plummeted...

In a setback for Platinum Group Metals (PGM) miners, the Zimbabwean government has announced that it will move forward with the implementation of a 5% tax on unrefined platinum exports starting in January 2025, despite the...

The country's largest Platinum Group Metal (PGM) producer, Zimplats, has seen platinum overtake palladium as its leading revenue contributor, according to its preliminary final report for the financial year ending 30 June 2024.By Rudairo MapurangaPlatinum revenue...

The country's biggest platinum group metal (PGM) producer ZIMPLATS is moving with speed to ensure it further benefitiates matte to produce refined metallic products with about US$20 million used for the refurbishment of the mothballed Base...

Tharisa's Karo Platinum Group Metals (PGM) Project in Mhondoro Ngezi has proven to be one of the favourites with 99 per cent of employees and contractors being from within Zimbabwe.Rudairo MapurangaThe project whose groundbreaking exploration was...

Zimplats parent company, South Africa’s Impala Platinum will reduce planned spending across its business to reflect current low metal prices, the company said on Tuesday. The prices of platinum group metals (PGM), which are used by automakers...

Kuvimba Mining House (KMH) is planning to find its own resources to fund one of the country's biggest platinum project, Great Dyke Investment (GDI) in Darwendale as the company seek to have full control of the...

Northam Platinum has withdrawn its offer to acquire Royal Bafokeng Platinum, citing the currently low prices of platinum group metals (PGM), saying they had reached levels that constitute a "material adverse change".The decision effectively ends a...

The platinum group metals (PGM) sector has performed very well in general over the past year on the back of a strong rebound in global car sales. Since the end of April, however, we’ve seen a...