Industrial platinum users and jewellery platinum users in China have been taking advantage of the low platinum price to increase their stock levels. China increased stock levels in this way twice before: in 2008 with the global financial crisis and aga…
China’s platinum users increase stock levels Read More »
The drivers for platinum jewellery business growth in 2019 point the way to a post-Covid-19 recovery, the Platinum Guild International’s (PGI’s) 2020 ‘Platinum Jewellery Business Review (PJBR)’ has found. The PJBR surveys more than 1 000 manufacturers…
Pandemic disrupts jewellery business, but recovery on the cards Read More »
Aim-listed Sylvania Platinum is in the process of ramping up and maximising production at its six tailings retreatment facilities, under strict conditions stipulated by the South African government. The government started easing Covid-19 restrictions f…
Sylvania confirms its six tailings operations are ramping up Read More »
Ballard Power Systems, which develops proton exchange membrane (PEM) fuel cells that use a platinum catalyst as a key component, says mobility solutions have become a focus for the company, especially in the heavy-duty vehicle segment.
In an interview…
Ballard optimistic that fuel cell demand will rise Read More »
JSE-listed Northam Platinum has managed to extend the maturity dates of certain notes held in terms of the company’s R10-billion Domestic Medium Term Note (DMTN) Programme with an aggregate amount of around R1.8-billion.
The agreement was reached wit…
Loan note changes add R811m to Northam’s liquidity for this uncertain year Read More »
Platinum group metals miner Northam Platinum reports that an employees at its Zondereinde mine, in Limpopo, has tested positive for Covid-19.
The employee reported to the mine’s medical facility on May 3 after feeling unwell. Having shown symptoms of …
Employee at Northam’s Zondereinde mine tests positive for Covid-19 Read More »
The World Platinum Investment Council (WPIC) reports that demand for American Eagle platinum bullion coins has reached its highest level in 21 years.
By the end of April, sales of the 1 oz platinum Eagle had reached 56 500 oz, which came close to exc…
Demand soars for US platinum coins Read More »
TSX- and JSE-listed Eastern Platinum (Eastplats) has started recalling its remaining workforce in Mpumalanga, South Africa, after South Africa moved from Phase 5 lockdown restrictions to Phase 4 restrictions, effective May 1.
Eastplats’ subsidiary, B…
Eastplats resumes Crocodile River tailings operation, to publish results later Read More »
JSE-listed Wesizwe Platinum achieved increased headline earnings of 5.95c apiece in the year ended December 31, 2019, which is a 212% increase compared with a headline loss a share of 5.31c in the year ended December 31, 2018.
The company reported a …
Wesizwe has concerns over financials despite healthy 2019 profit Read More »
Debtless platinum group metals (PGMs) miner Sylvania Platinum achieved a 56% quarter-on-quarter increase in net revenue increased to $43.6-million for the quarter ended March 31, the third quarter of its financial year, buoyed by increased production a…
Sylvania’s net profit rises on higher output, prices Read More »
