ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests.

Impala Platinum has stated that an underground protest at the Bafokeng Rasimone mine remains unresolved, with more than 2,000 workers still below the surface.

PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined.

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

Weak PGM prices and uncertain global economic prospects have forced Tharisa to delay commissioning its $361 million Karo mine.

Palladium is headed for its biggest gain since March 2020.

The fund launched in 2013 allows direct investments in platinum traded on the spot market and registered the highest inflows among locally listed funds.