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Sunday, June 8, 2025

Latest News & Developments

platinum

Record gold prices sparkle for miners thanks to Trump tariffs, yet SA’s economy loses its Midas touch

Overnight, Gold miners, Sibanye Stillwater, AngloGold Ashanti, Gold Fields and Harmony Gold Mining Company advanced 6. 8%, 4. 1%, 3. 1% and 2. 9%, respectively, data from Anchor Capital showed.

Business
Nicola Mawson|Published

African Rainbow Minerals Platinum reshuffles leadership, revitalises technical services division

African Rainbow Minerals (ARM) Platinum on Wednesday announced the appointment of Johan Christian Jansen as its acting CEO to replace Luthando Mkatshana until the permanent CEO has been appointed.

Business Report
Siphelele Dludla|Published

Iron ore prices expected to decline amidst supply growth, weak Chinese demand - African Rainbow Minerals

African Rainbow Minerals executives predict a decline in iron ore prices due to supply growth and softening demand from China, while long-term prospects for platinum group metals remain optimistic

Business Report Companies
Edward West|Published

Northam's interims halve amid soft PGM prices

Northam Platinum reports a 49. 7% drop in headline earnings amid challenging PGM market conditions, but maintains growth trajectory through increased production and strategic investments in sustainable energy.

Business Report Companies
Philippa Larkin|Published

Implats faces production decline as earnings drop by up to 44%

Impala Platinum reports a 4% decrease in 6E production and up to 44% decline in earnings for the December half-year, following labour restructuring and operational challenges. The company faces decisions about its Canadian operations while advancing strategic projects across its portfolio

Business Report
Tawanda Karombo|Published