Tharisa priced a $300m, five-year bond on 11 September 2026 through its Arxo Finance subsidiary to complete construction of the Karo Platinum project in Zimbabwe, targeting first ore to the mill in late 2027.
Uranium spot prices, which touched about $101 a pound in January 2026 before settling near $84-$90, remain high enough to support producing African mines but still leave some greenfield projects waiting on the sidelines.
Tharisa has secured a $300m five-year bond at an 11% coupon to fund the balance of its $545m Karo Platinum project, where first ore to the mill is now expected in the fourth quarter of 2027.
The World Platinum Investment Council has swung its 2026 forecast from a 297koz deficit to a 265koz surplus, blaming a 601koz cut to expected investment demand after ETF outflows in the first half.
The World Platinum Investment Council forecast on 9 September 2026 that platinum would run a 265,000-ounce surplus for the year, reversing an earlier deficit call after heavy first-half investment outflows.
Sibanye-Stillwater has begun Section 189 consultations to close its Kwezi shaft near Rustenburg, putting 781 employees and 333 contractors at risk of losing their jobs.
African Rainbow Minerals' iron ore division booked a 41% drop in headline earnings for the year to June 2026, hit by weak prices and the cost of shutting Beeshoek, even as group profit recovered to nearly R4bn.
Platinum Group Metals Ltd is studying a staged development of the Waterberg JV in Limpopo, with a feasibility study due by November. Implats, which holds just under 15%, says the new thinking is more appealing.
Impala Platinum lifted headline earnings to R22.9bn in FY2026 from R732m a year earlier as higher precious and base metal prices flowed through, and declared total dividends of 1,855c a share.
The FTSE/JSE All Share Index closed at 116,687.82 on 3 September 2026 as gold mining equities surged about 38% and PGM producers gained 21.6% during August.
Impala Platinum reported on 3 September 2026 that annual net income surged more than 40 times to R31bn as platinum prices rallied, allowing the group to raise its total dividend more than elevenfold to R17.1bn.
CrossBoundary Energy's solar and battery storage facility for Kamoa Copper reached commercial operation, supplying 30MW of continuous renewable power to the DRC copper complex.
Northam Platinum set a Vision 2031 target of more than 1.5 million ounces of annual PGM sales, with chief executive Paul Dunne citing new industrial demand from artificial intelligence and robotics.
Northam Platinum's headline earnings per share rose 699% to 3,044.2c in the year to June 2026, and it raised its minimum dividend payout to 40% of headline earnings.
Harmony Gold produced 1.43Moz in the year to June 2026, within guidance, and lifted headline earnings per share 87% to 4,363c, with Mponeng and Moab Khotsong generating a 38% free cash flow margin.
Sibanye-Stillwater now has about 164MW of contracted renewable capacity operating, part of 835MW of wind and solar deals meant to supply 64% of its South African energy needs by 2028.
Sinomine Resource Group has secured an additional Zimbabwean lithium export quota as it continues building a 100,000-tonne-a-year lithium sulphate plant at its Bikita mine.
Northam Platinum said on 25 August 2026 it had received an unsolicited, non-binding approach from a major South African PGM producer, reported by Bloomberg to be Valterra Platinum, and invited rival bids.
Karo Platinum has signed a 25-year Special Mining Lease Agreement with the Zimbabwean government covering 23,903ha on the Great Dyke, giving Tharisa the tenure and fiscal certainty it needs to finish the mine.
Tharisa's Karo Platinum project has signed a 25-year special mining lease with the Zimbabwean government, though first production is now expected in 2027, three years later than originally planned.
The European Commission has commissioned consultants to help Namibia draft a National Critical Raw Materials Strategy covering uranium, lithium and rare earths, as Windhoek balances competing EU and Chinese interest in its minerals.
Thungela Resources reported on 17 August 2026 that H1 2026 profit jumped as coal prices and rail performance improved, lifting its interim dividend to R5.50 a share from R2 a year earlier.
On the 14th anniversary of the Marikana shootings, unions and political parties renewed calls for President Ramaphosa to declare 16 August an official memorial day, saying affected families remain without closure.
South Africa's gold sales rose 125.7% year on year to about R20.7bn in June 2026, according to Stats SA, making gold the largest contributor to a 27.2% increase in total mineral sales.
