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businessday. co. za > bdtv > 2026-04-15-watch-platinum-sector-drives-surge-in-february-mining-output

WATCH | Platinum sector drives surge in February mining output

23+ hour, 25+ min ago  (116+ words) Business Day WATCH | Platinum sector drives surge in February mining output Business Day TV speaks to Kirthi Ramdhanee, head of platinum group metals at Afriforesight Rising tensions in the Middle East are fuelling renewed concerns about global supply chains, inflation,…...

Business Day
businessday. co. za > news > 2026-04-14-platinum-sector-powers-sharp-rise-in-miners-february-output

Platinum sector powers sharp rise in miners" February output

2+ day, 1+ hour ago  (539+ words) South Africa's mining industry recorded a surge in output in February as tight platinum group metal (PGM) markets and record gold prices fuel optimism in the sector. Mining production during the month was 9. 7% higher than February last year, outperforming economists…...

Business Day
businessday. co. za > companies > 2026-03-20-news-analysis-pgm-miners-wary-of-new-projects-despite-platinum-prices-at-20-year-highs

NEWS ANALYSIS | PGM miners wary of new projects despite platinum prices at 20-year highs

3+ week, 6+ day ago  (666+ words) With platinum prices now at their highest levels in two decades, one might reasonably wonder if companies are considering using their hordes of cash to build new mines. But those in the industry warn that uncertainty still clouds the long-term…...

Business Day
businessday. co. za > companies > earnings > 2026-02-26-valterra-platinum-bucks-trend-with-capex-cut

Valterra Platinum bucks trend with capex cut

1+ mon, 2+ week ago  (661+ words) Companies & Markets Editor Shares in Valterra Platinum surged as much as 12% on Wednesday as the group exceeded its guidance on production and cost savings, opening the door for a hefty R11. 5bn dividend to shareholders, the 17th consecutive payout. The group, spun off…...

Business Day
businessday. co. za > companies > 2026-01-29-bullish-blackrock-tops-up-stakes-in-pgm-miners

Bullish Black Rock tops up stakes in PGM miners

2+ mon, 2+ week ago  (428+ words) Black Rock, the world's largest asset manager, has steadily increased its exposure to miners of platinum group metals (PGMs) in recent weeks as institutional investors feast on the sector's wave of optimism. Sibanye-Stillwater on Wednesday said the US-based fund manager…...

Business Day
businessday. co. za > markets > 2026-01-28-gold-powers-past-5200-as-dollar-slides-to-four-year-low

Gold powers past $5, 200 as dollar slides to four-year low

2+ mon, 2+ week ago  (300+ words) Bengaluru " Gold broke through $5, 200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concern, ahead of a US Federal Reserve monetary policy decision. Spot gold…...

Business Day
businessday. co. za > companies > 2026-01-12-platinum-forecast-at-3000-as-traders-brace-for-tariffs

Platinum forecast at $3, 000 as traders brace for tariffs

3+ mon, 3+ day ago  (519+ words) Bank of America (Bof A) sharply raised its 2026 platinum price forecast this week as US traders scramble to boost exports ahead of looming tariffs. After recording its strongest annual performance on record in 2025, the price of platinum is now expected to…...

Business Day
businessday. co. za > companies > 2026-01-13-bullish-tharisa-bets-on-platinum-market-deficit

Bullish Tharisa bets on platinum market deficit

3+ mon, 3+ day ago  (423+ words) Platinum group metals (PGM) and chrome miner Tharisa has added to the growing optimism around platinum's price outlook as world leaders pull back on electric cars and brace for a new round of tariffs. In its first-quarter production update, Tharisa…...

Business Day
businessday. co. za > markets > 2026-01-02-precious-metals-power-into-the-new-year-after-robust-2025-rally

Precious metals power into the new year after robust 2025 rally

3+ mon, 2+ week ago  (407+ words) Precious metals kick-started the new year on a strong note on Friday, resuming their rally after unprecedented gains in 2025, as geopolitical tensions and hopes of lower interest rates this year kept "safe-haven demand intact. Spot gold climbed 1. 5% "to $4, 378. 75/oz by…...