American Platinum to cut 3,700 jobs amid plunge in PGM prices

By NS Energy Staff Writer

20 Feb 24

American Platinum will commence the restructuring process as a last resort under Section 189A of the Labour Relations…

MiningPlatinumMajor Commodities

North Bay Resources Inc. (NBRI) agrees to JV on Tulameen Platinum Project

By NS Energy Staff Writer

26 Apr 23

North Bay’s Tulameen Platinum Project comprises an estimated 135 million tonnes of olivine on 860 hectares (2,213 acres)…

MiningPlatinumMajor Commodities

Northam Platinum plans to acquire remaining stake in PGM producer RBPlat

By NS Energy Staff Writer

10 Nov 22

The purchase price represents a total consideration of ZAR50bn ($2.8bn) and marks a premium of about 15% to…

MiningPlatinumMajor Commodities

Russia’s Afromet pulls out from Darwendale platinum project in Zimbabwe

By NS Energy Staff Writer

10 Jun 22

Following its exit, Kuvimba Mining House, which is a state-owned company in Zimbabwe, has taken full control of…

MiningPlatinumMajor Commodities

Platinex announces acquisition of titanium-vanadium claims adjacent to W2 Cu-Ni-PGE project and receipt of government grant for Shining Tree gold project

By NS Energy Staff Writer

11 May 22

The discovery drill hole LH01-10 bored in the BNMH intersected multiple intercepts of disseminated to massive titano-magnetite mineralization…

MiningPlatinum

Tharisa to buy majority stake in Karo PGM project in Zimbabwe for $27m

By NS Energy Staff Writer

01 Apr 22

The transaction will increase Tharisa’s stake in Karo Holdings from 26.8% to 66.3%

MiningPlatinumMajor Commodities

South Africa’s Implats to invest $3.4bn in mining and processing assets

By NS Energy Staff Writer

25 Mar 22

The PGM producer expects to invest up to $820m of the amount for expanding its processing facilities across…

MiningPlatinumMajor Commodities

Gemfields reduces stake in Sedibelo Platinum Mines

By NS Energy Staff Writer

10 Jan 22

SPM owns and operates the Pilanesberg Platinum Mines located in South Africa’s Bushveld Igneous Complex

MiningPlatinumMajor Commodities

Amplats to sell idled Bokoni platinum mine to ARM for $221m

By NS Energy Staff Writer

21 Dec 21

The South African platinum mine has been under care and maintenance since 2017 after several years of substantial…

MiningPlatinumMajor Commodities

Amplats approves $245m Der Brochen extension project in South Africa

By NS Energy Staff Writer

13 Dec 21

The extension project is expected to increase the life of mine beyond 30 years

MiningPlatinumMajor Commodities