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Platinum

Platinum is a dense, silvery-white precious metal with the chemical symbol Pt and atomic number 78. It belongs to the platinum-group metals (PGMs), which also include palladium, rhodium, ruthenium, iridium and osmium. Platinum is highly resistant to corrosion and heat, making it valuable for industrial applications as well as investment and jewellery. The metal is primarily used in autocatalysts for vehicle emissions control systems, accounting for a significant share of global demand. Other major applications include jewellery manufacturing, particularly in Asia, and industrial uses such as petroleum refining, electronics, medical devices and glass production. Platinum is also traded as a commodity on global markets, with prices influenced by supply constraints, automotive demand, investment flows and broader economic conditions. The metal is rarer than gold and is mined predominantly in South Africa and Russia, with smaller production from Zimbabwe, Canada and the United States. Platinum's dual role as both an industrial metal and a store of value means its price can be volatile, responding to shifts in automotive production, environmental regulation, currency movements and geopolitical risk. Investors access platinum through physical bullion, exchange-traded funds and futures contracts.

Platinum Updates


The Unki smelter
Zimbabwe platinum producers owed $228m in unpaid export earnings
19th June 2026 By: Reuters

Zimbabwe's government owes platinum miners $228-million in unpaid export income under its foreign currency retention system, exerting pressure on a sector recovering from a price collapse, an... 


Reverse side of The Perth Mint's latest 1/10 oz platinum bullion coin in the Australian Lunar Series
The Perth Mint adds new 1/10 oz platinum bullion coin to Australian Lunar range
19th June 2026 By: Marleny Arnoldi

The Perth Mint has added a new 1/10 oz platinum bullion coin design to its well-established Australian Lunar Series, sitting alongside the one ounce platinum bullion coin that has been part of the... 


Shanghai Week, Phelan Green, platinum jewellery demand make headlines
Shanghai Week, Phelan Green, platinum jewellery demand make headlines
19th June 2026

Mining Weekly Editor Martin Creamer discusses July’s Shanghai Week, which is set to firm up platinum’s already solid status; Phelan Green selecting Johnson Matthey technology for its Saldanha... 


An image of Waco Modular's modular buildings at a mining operation
Modular buildings provided as mine goes underground
19th June 2026 By: Trent Roebeck

In February this year, building solutions company Waco Modular completed a modular building solutions project for a South African platinum group metals and chrome concentrate producer’s opencast... 


The Mimosa mine in Zimbabwe
Zimbabwe's Mimosa revives $130m platinum project after price rebound
18th June 2026 By: Reuters

Zimbabwe's Mimosa platinum mine, jointly owned by Impala Platinum and Sibanye-Stillwater, is reviving its $130-million North Hill life-extension project after a rebound in metal prices, an... 


Platinum jewellery.
Platinum jewellery generates highest demand level since 2019
18th June 2026 By: Martin Creamer

Despite metal price and import tariff headwinds, platinum jewellery delivered growth across all markets in 2025, generating the highest demand level since 2019. South Africa is the world's largest... 


Shanghai Week poised to boost platinum still further.
July’s Shanghai Week set to firm up platinum’s already solid status
15th June 2026 By: Martin Creamer

In a year where change is proving to be rapid and consequential, the major upcoming Shanghai Platinum Week is bound to connect key trends across the platinum group metals (PGMs) value chain as it... 


Sharp rise in April mineral sales highlights importance of mining, council avers
Sharp rise in April mineral sales highlights importance of mining, council avers
12th June 2026 By: Sabrina Jardim

Barring the effects of the Middle East conflict and high fuel costs, South Africa’s total mineral sales could reach R995.5-billion for this year, if the trend in mineral sales continues at its... 


PC Kruger, Business Line Manager Crushing at Sandvik Rock Processing
Sandvik Delivers First CH662 Cone Crushers to South African Platinum Project
12th June 2026

Signalling Africa’s growing appetite for state-of-the-art mining technology, Sandvik Rock Processing is delivering the first Sandvik CH662 cone crushers to a platinum mining project in South... 


A generic image of solar panels, electricity pylons and wind turbines
DBSA eyes bigger energy sector role as Africa seeks bankable infrastructure projects
12th June 2026 By: Lumkile Nkomfe

State-owned development finance institution the Development Bank of Southern Africa (DBSA) is positioning itself as a key enabler of South Africa’s energy transition and infrastructure development... 


Operations at a South African manganese mine
PGMs, manganese, chrome drive South Africa's April mining output up 8.2% y/y
11th June 2026 By: Creamer Media Reporter

South Africa's mining production increased by 8.2% year-on-year in April, with the largest positive contributions made by platinum group metals (PGMs), manganese ore and chromium ore and the... 


Supply Chain Management Is a Future-Proof Career for Young South Africans
Supply Chain Management Is a Future-Proof Career for Young South Africans
11th June 2026

Global disruptions in recent years - including the COVID-19 pandemic, geopolitical conflicts, shipping delays, infrastructure challenges and rapid technological change - have highlighted how... 


Shayne's Origin backs branded essentials provider in SA's industrial heartland
Shayne's Origin backs branded essentials provider in SA's industrial heartland
11th June 2026

South African diversified and acquisitive group Origin Enterprises, which is led by CEO Gary Shayne, has been assembling a portfolio of companies that supply the essentials the country's industrial... 


Resources Watch
Resources Watch
10th June 2026

This week: South Africa can become strong value-add minerals player again, PyroFuZA points out and, Platinum investment demand broadening to minor PGM metals 


A Jaecoo J7
South Africa proposes extending auto incentives to battery materials
9th June 2026 By: Reuters

South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains. The... 


An image of Omnia's building
Omnia delivers strong performance in challenging period
8th June 2026 By: Tasneem Bulbulia

JSE-listed Omnia achieved a strong performance for the financial year ended March 31, with its diversified business model and execution in its Agriculture and Mining segments enabling it to weather... 


Just Energy Transition Implementation Plan Green Hydrogen Programme Management Office director Dr Rebecca Maserumule.
South African green hydrogen first-movers given major boost
5th June 2026 By: Martin Creamer

Enticing support for first movers into green hydrogen project development is on offer via a first-of-a-kind government-led framework designed to assess the readiness and bankability of green... 


Image of Jendamark Automation’s catalytic converter shrinker machine`
Locally manufactured catalytic converter ‘shrinker’ machine exported globally
5th June 2026

Innovative technology for ‘shrinking’ catalytic converters designed and built in South Africa by Jendamark Automation for the global market, uses SEW-EURODRIVE’s servo-geared units and motion... 


World Platinum Investment Council Director of Research Edward Sterck.
Investment demand for platinum still extremely strong – WPIC
5th June 2026 By: Martin Creamer

Investment demand for platinum remains extremely strong, with market fundamentals continuing to support platinum as a compelling investment. Market tightness suggests that there is insufficient... 


Mintek mineral processing executive manager Dr Lawrence Bbosa
Forward-looking critical minerals strategy must drive African beneficiation
5th June 2026 By: Lumkile Nkomfe

South Africa’s Critical Minerals and Metals Strategy must become a practical roadmap for beneficiation, industrialisation and regional development, State-owned mineral research organisation Mintek... 


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