Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…
Rhodium
Nevada tops Fraser survey as Ontario, Saskatchewan rise
Nevada has dislodged Finland as the best jurisdiction for mining investment globally while two Canadian provinces – Ontario and Saskatchewan – have climbed into the top three, a new survey…
South Africa state raises Sibanye stake above 20%
Public Investment Corp. (PIC), South Africa’s state-owned asset management firm, has raised its shareholding in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) to above 20%, further cementing its states as the miner’s…
Metallium eyes $60B metals recycling market
Metallium (ASX: MTM; US-OTC: MTMCF) is advancing one of the first large-scale metals recovery plants in the United States to commissioning in December as it considers rolling out its modular…
Sibanye buys US precious metals recycler Metallix
South Africa’s Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) plans to acquire Metallix Refining, a U.S-based precious metals recycler with two processing and recycling plants in North Carolina, for $82 million. Metallix,…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
Anglo American’s platinum spinoff debuts as Valterra
Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo…
Sibanye-Stillwater rushes to rescue 260 trapped miners
Precious metals producer Sibanye-Stillwater (JSE: SSWJ; NYSE: SBSW) confirmed Friday that nearly a third of 260 workers trapped underground at its Kloof gold mine, about 60 km west of Johannesburg, South…
Goehring & Rozencwajg flags bull cycle for PGMs
After years of electric cars overshadowing them, platinum group metals (PGMs) – a key component for internal combustion engine (ICE) vehicles – might be making a strong comeback. In their…
Sibanye-Stillwater CEO Froneman to retire
Neal Froneman, the founder and longtime CEO of Sibanye-Stillwater (JSE: SSW; NYSE: SBSW), will retire at the end of September after 12 years at the helm. He is to be…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.