Palladium Top Stories

Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts

New methods for the synthesis of drug precursors use catalysts made of iron, manganese and cobalt.

Staff Writer | March 12, 2024 | 6:06 am

African Rainbow pauses Bokoni mine expansion plan after H1 profit fall

The miner's headline earnings declined to $158.5 million in the…

Reuters | March 8, 2024 | 7:47 am

Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen

CEO Neal Froneman said Sibanye may consider a capital raise…

Reuters | March 5, 2024 | 7:21 am

Magnesium may offer best solution for storing hydrogen

Using computational science, researchers have developed a fluorine-substituted high-voltage stable…

Staff Writer | March 4, 2024 | 6:06 am

Legacy uses AI to discover platinum in Australia

Proponents predict AI will be indispensable to help the industry…

Colin McClelland | February 26, 2024 | 8:14 am

Northam CEO says South African platinum miners facing worst crisis in decades

Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.

Reuters | March 1, 2024 | 7:48 am

Impala Platinum considers mine closures after profit slump

Decisions to mothball loss-making operations could be made within the next six months.

Reuters | February 29, 2024 | 7:00 am

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.

Cecilia Jamasmie | February 23, 2024 | 5:26 am

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

Reuters | February 22, 2024 | 9:51 am

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

Reuters | February 22, 2024 | 6:49 am

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

Reuters | February 21, 2024 | 7:54 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

Amplats plans to cut thousands of jobs after profit plunge

Anglo American Platinum's profit plunged by 71% last year.

Reuters | February 19, 2024 | 7:56 am

Sibanye-Stillwater, Heraeus team up to save palladium

The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.

Cecilia Jamasmie | February 15, 2024 | 5:29 am

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