Search results: platinum group metals (PGMs)

JSE-listed South African mining company Tharisa has reaffirmed its confidence in the Platinum Group Metals (PGMs) market as it advances the Karo Platinum Project, citing strong global demand fundamentals and a structurally balanced market, Mining Zimbabwe...

In 2025, the Platinum Group Metals (PGMs) market is experiencing a notable price rebound. Platinum has surged nearly 25% year-to-date, breaking above US$1,250 per ounce—its highest level in four years.By Ryan ChigocheMeanwhile, palladium trades near US$1,100...

Anglo American Platinum (Amplats), the parent company of Zimbabwe's third-largest platinum group metals (PGMs) producer, Unki Mine, hosted its Capital Markets Day yesterday, reaffirming the company's strategic priorities and value-creation pathways. By Rudairo Mapuranga The event, held in...

Anglo American Platinum, one of the world’s largest producers of platinum group metals (PGMs), is bracing for a significant earnings decline for the year ended 31 December 2024.By Ryan ChigocheThe company attributes this downturn to falling...

Johannesburg Stock Exchange-listed mining company Tharisa plc continues to advance its Karo Platinum project despite ongoing funding challenges and volatile platinum group metals (PGMs) prices, Mining Zimbabwe can report.By Rudairo MapurangaThe company remains optimistic about the...

In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...

Impala Platinum (Implats), a significant player in Zimbabwe’s platinum industry through its ownership of Zimplats and Mimosa mines, has expressed concerns about the future of new platinum projects due to a slump in prices and the...

New demand for platinum group metals (PGMs) may be created in the energy generation and storage field, Toronto- and New York-listed Platinum Group Metals (PTM) stated on Wednesday. The unique properties of PGMs as powerful catalysts are being applied to various technologies as possible solutions for more efficient energy generation and storage,...

Anglo American Platinum (Amplats) has announced that its earnings for the first half of this year are expected to be significantly lower than in the same period last year. The company forecasts a decrease in headline...

A multi-phased development approach is being adopted at the Karo Platinum project in Zimbabwe, where a 17-year opencast mine is to be built with a timeline to deliver its first ore to mill in July 2024. “In July 2024, we will put...

In what is a major boost for platinum group metals (PGMs), a new trade and technology centre dedicated to the growth of the PGMs market is being established in China, already the single largest consumer of PGMs, accounting for more...

Zimbabwe will double the royalty rate it charges mining companies on the platinum group metals (PGMs) they produce to 5% from January 2023 in a bid to increase government revenues.The country is the world’s third-largest producer...