Search results: platinum

The global platinum market is headed for a significant supply deficit in 2024, yet prices for the metal, along with its sister metals palladium and rhodium, remain muted.By Rudairo MapurangaAccording to the World Platinum Investment Council...

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...

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...

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...

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,...

Zimbabwe platinum miners have asked the government to defer its planned 5% export tax on concentrates, pending the completion of smelters and the refurbishment of a refinery.The producers want the tax-deferred until 2025, according to a...

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...

Mimosa Mining Company and Zimplats’ Mupani mine outshined other Mining companies in preparedness, and fitness as they dominated in the surface and underground categories at the Chamber of Mines of Zimbabwe National First Aid Competitions held...

Victoria Falls Stock Exchange-listed mining company Karo Mining Holdings said it will conduct a trial of unique beneficiation processes to develop its Platinum's beneficiation capabilities.Rudairo MapurangaThe mining company is working to ensure that it creates a...

PRESS RELEASE - Anglo American plc notes the announcement by Anglo American Platinum Limited released today to the Johannesburg Stock Exchange. The text of the announcement is copied below:The Board of Anglo American Platinum Limited announces...

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...

Revenue from Zimbabwe’s platinum exports is expected to plummet by 37% to US$413,1 million this year as a result of falling commodity prices and power issues that have disrupted production in the mining sector, a government...