Tharisa shares jump as interim profit surges up to 472%
Tharisa shares rose as much as 7% after the miner guided to headline earnings per share up 455% to 472% for its half-year to March 2026, as the PGM basket price it received nearly doubled.
Tharisa signs open-book underground contract with Cementation Africa
Tharisa concluded a five-year open-book mining contract with Cementation Africa for its underground transition, adopting a transparent cost-plus model over the traditional rates-based approach.
Southern Palladium doubles expected chrome recoveries at Bengwenyama
Southern Palladium said metallurgical test work had more than doubled expected chrome recoveries at its Bengwenyama PGM project to 65%, though incorporating the improvement delayed its feasibility study to the fourth quarter.
Sylvania Platinum profits jump in March quarter on higher PGM prices
Sylvania Platinum's adjusted EBITDA rose 61% to $47.8m in the March 2026 quarter as the PGM basket price climbed 28%, with the debt-free company on track to beat its full-year production guidance.
Implats on track to meet full-year targets after steady March output
Implats reported steady March-quarter output that kept it on track for full-year PGM production guidance of 3.4 million to 3.6 million ounces, with sales volumes up 9%.
Valterra normalises Mogalakwena output as Amandelbult recovers from floods
Valterra Platinum's first-quarter 2026 production rose 7% year-on-year to 743,500 oz, with Amandelbult up 43% as it recovered from 2025 flooding, while the average basket price hit a five-year high.
Implats weighs Hartley, Darwendale and Karo as Zimbabwe growth options
Implats confirmed it is evaluating three potential Zimbabwean growth projects, the Hartley Complex, Darwendale and Karo Platinum, alongside its existing Zimplats and Mimosa operations.
Valterra Platinum highlights hydrogen as a coming demand driver for PGMs
Valterra Platinum's annual reporting suite said the hydrogen economy was set to be a broad, strongly growing demand sector for the PGMs it produces, citing partnerships with TotalEnergies and Johnson Matthey.
Platinum is back, but its miners are still shunning big growth bets
With PGM prices and producer share prices both sharply higher, South African platinum executives said they remain focused on debt reduction and brownfields projects rather than new mine investment.
Zimplats profit soars 3,376% as PGM prices and output both climb
Zimplats reported after-tax profit of $143.7m for the six months to December 2025, a 3,376% jump, as 6E production rose 13% and average metal prices increased 66%.
Sibanye-Stillwater welcomes near-242% US duties on Russian palladium
The US announced a countervailing duty of 109.10% on Russian palladium, on top of a proposed 132.83% anti-dumping duty, after Sibanye-Stillwater and the United Steelworkers alleged dumping had hurt American producers.
Implats doubles interim payout as cash surges on higher PGM prices
Impala Platinum's headline earnings rose 402% in its December half, prompting an interim dividend of R3.7bn that ran to 60% of adjusted free cash flow, double the group's normal payout policy.
Implats floats new 'vehicle' to consolidate Eastern Limb platinum mines
Implats is exploring a combined structure for its Eastern Limb platinum mines, arguing that assets north of the Dwarsrivier Fault have rarely been economically attractive on their own.
Northam approves R500m first phase of Zondereinde expansion
Northam approved R500m of initial capital to begin work on a fourth shaft at its Zondereinde mine, a project chief executive Paul Dunne called technically challenging enough to set a world record.
Northam Platinum declares record R2.8bn interim dividend
Northam Platinum's headline earnings per share jumped to R15.24 in the six months to December 2025, funding a record R2.8bn interim dividend as PGM prices continued to climb.
Valterra Platinum caps maiden year with R5.3bn special dividend
Valterra Platinum's first full-year results as an independent company showed headline earnings up 98%, a swing to net cash, and total dividends of R45 a share including a R5.3bn special payout.
Karo Platinum advances on the Great Dyke as ball mills arrive on site
Construction at the Karo Platinum project in Zimbabwe progressed with ball mills being installed and a dam expansion under way, as the Tharisa-backed mine works towards planned output of 190,000 oz a year.
Tharisa lifts FY2026 PGM and chrome guidance after strong Q4
Tharisa set FY2026 guidance of 145,000 to 165,000 oz of PGMs and 1.5 to 1.65 million tonnes of chrome concentrate, building on a strong fourth quarter at its South African mine.
Valterra Platinum to trial underground mining beneath Mogalakwena
Valterra Platinum will begin trial underground mining at its Mogalakwena complex by late 2026, testing whether higher-grade ore beneath the Sandsloot pit can extend the mine's life well beyond its open pits.
Anglo American completes demerger of Valterra Platinum
Anglo American Platinum was demerged from its parent and renamed Valterra Platinum, listing separately in Johannesburg and London as Anglo American retained a residual stake it later sold down.