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Rapidly rising costs will exacerbate PGMs industry crisis  

By: Natasha Odendaal     9th April 2019 Faster-than-inflation rising costs and a stall in revenue in the South African platinum group metals (PGMs) industry are exacerbating hardwired challenges that are already threatening nearly 90 000 jobs. Rapidly escalating costs, particularly for labour, electricity and supplies, are fast... 

Platinum ETFs hit record high, palladium seen as over-bought 

By: Martin Creamer     29th March 2019 Platinum-backed exchange traded fund (ETF) holdings increased for the ninth consecutive day yesterday reaching 2.96-million ounces, the highest level on record, the BMO Metals Brief noted on Friday. The report put out by BMO Global Commodities Research addedthat ETF inflows had been strong in the... 

Exciting DRDGold expertise deserves international prominence – Froneman 

By: Martin Creamer     27th March 2019 The exciting gold-from-tailings expertise of DRDGold, which has decades of experience in recovering precious metals profitably from mine dump material, deserves international prominence which Sibanye-Stillwater intends to afford it, CEO Neal Froneman said on Wednesday. Froneman drew attention to... 

MCSA hopes Mandela Platinum Coin will rival Krugerrand

By: News24Wire      5th October 2018 CEO of the Minerals Council South Africa, Roger Baxter, was upbeat following the first day of the Jobs Summit, saying the industry has a proposal to improve platinum demand, a potential growth area. The sector has been in talks with government to develop a Mandela Platinum Rand in honour of the... 

South Africa researching hydrogen storage for platinum-using fuel cells

By: Martin Creamer     5th October 2018 South Africa’s Council for Scientific and Industrial Research (CSIR) is researching innovative hydrogen storage technologies that have the potential to be key enablers of platinum-catalysed fuel cells, which generate clean electricity using hydrogen as a fuel and platinum as a catalyst. The... 

Dr Con Fauconnier latest inductee in South African Mining Hall of Fame 

By: Simone Liedtke     5th October 2018 Dr Con Fauconnier was inducted into the Joburg Indaba’s South African Mining Hall of Fame, this week.   

On-The-Air (05/10/2018) 

By: Martin Creamer     5th October 2018 Minerals Minister Gwede Mantashe this week made a strong call for price-hit platinum to be vigorously marketed; Desperately needed mineral exploration has received a major boost by being freed from regulatory red tape; and China is so impressed with South Africa’s mining investment codes that it... 

Charter continues expropriation of investor returns – Paul Miller

By: Nadine James     5th October 2018 Mining Charter 3 has continued its predecessor’s trajectory of setting a “progressive creeping expropriation of investor returns”, CCP 12J Fund MD Paul Miller told delegates at the Joburg Indaba this week. He noted that South Africa had always relied on attracting foreign capital, adding that the... 

Greater beneficiation in South Africa not feasible yet

By: Marleny Arnoldi     4th October 2018 Public Investment Corporation mining, beneficiation and energy sector specialist Heidi Sternberg says it is widely believed that South Africa should be beneficiating, since it has much of the world’s gold and platinum resources. “It is a key node for job creation; however, beneficiation requires... 

Mining tech boosts competitiveness, efficiency

By: Marleny Arnoldi     4th October 2018 The miners of today look to create greater efficiencies to ensure their sustainability and profitability, which is greatly enabled with technology, a panel of speakers agreed during day two of the Joburg Indaba. Accenture Resources Africa MD Cameron Tandy said in a separate statement that the... 

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