Platinum miners fear bloodbath as prices fall
Plunging prices for Platinum Group of Metals (PGMs) are expected to persist in the medium term.
By Tinashe Kairiza
Mar. 22, 2024
Mimosa culls labour after Sibanye reports US$2bn loss
Costs at Mimosa rose by 15% last year mainly due to power.
By Julia Ndlela
Mar. 8, 2024
‘Zimbabwe to see a 37% dip in platinum exports’
As a result, power outages have over the past months been grounding industries for up to 18 hours a day, triggering extensive production costs.
By Freeman Makopa
Jun. 23, 2023
Zim platinum output drops
Zimbabwe is the world’s third biggest platinum producer behind Russia and its southern neighbour, South Africa.
By Tatira Zwinoira
Mar. 10, 2023
Zim platinum set to increase by 5%
Zimbabwe has the third-largest proven platinum reserves in the world, behind South Africa and Russia.
By Mthandazo Nyoni
Jan. 8, 2023
Ceteris Paribus: Platinum in short supply next year
Industrial demand improved by 2% year-on-year, although it is forecast to decline by 14% for the full year of 2022.
By Eben Mabunda
Dec. 9, 2022
Global platinum output to dip 8
Meanwhile, recycling was down 16% year-on-year at 437koz due to reduced vehicle scrappage rates impacting the supply of raw material.
By Eben Mabunda
Sep. 9, 2022
