Consulting analysts in tomorrow’s commodities and technologies


PGM PRODUCERS: South Africa miners look to increase COVID-19 testing as cases increase

The Minerals Council South Africa said the industry currently screened about 272,000 employees every time they reported for work and had conducted 15,994 tests, at June 25.

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PGM PRODUCERS: Implats delivers upbeat year-end message after ploughing through inventory during lockdown

IMPALA Platinum (Implats) processed the balance of its 350,000 ounces of platinum group metals (PGMs) inventory, brought forward plant maintenance, and escaped cancellations to sales contracts as a result of force majeure it announced to customers in the fourth quarter.

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PGM PRODUCERS: Implats lifts force majeure, revises 2020 output

Impala Platinum (Implats) has lifted force majeure it had declared on contracts and revised 2020 production guidance as its South African mines returned to 85% capacity following a lockdown.

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PGM PRODUCERS: Implats June 2020 market update

Implats refers to its SENS announcement of 30 April 2020 which provided revised Group guidance for FY2020. The Group cautioned at the time as to the fluidity of the operating environment created by the Covid-19 pandemic and its potential impact on guided production parameters. Implats is therefore pleased to provide a further market update ahead of its closed period starting 30 June 2020.

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PGM PRODUCERS: S.Africa's Amplats targets mines at 75-80% capacity by end-year

JOHANNESBURG — Anglo American Platinum expects to bring its mining production back up to 75% to 80% of capacity by the end of this year as South African mines recover from a forced COVID-19 shutdown, CEO Natascha Viljoen said on Thursday.

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PGM PRODUCERS: Amplats will take a year to work through inventory as it embarks on slow recovery

ANGLO American Platinum (Amplats) said an inventory build-up related to the failure of its processing facilities in Rustenburg could take the best part of a year to clear.

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PGM PRODUCERS: Sibanye-Stillwater may delay reinstatement of dividend whilst economics unsettled

SIBANYE-Stillwater may keep shareholders waiting until after its interim results announcement in August before reinstating the dividend owing to the disruption posed by the COVID-19 pandemic, said CEO Neal Froneman.

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PGM PRODUCERS: Tharisa PLC now operating chrome and PGM mines at full capacity, and enjoying renewed commodity price strength

  • Date: 11-06-20
  • Category: PGM PRODUCERS
  • Source: Pro Active Investors

No one could doubt that the world now is a very different place to the world as it seemed at the beginning of this year. Coronavirus has come and wreaked havoc on the health and wellbeing of millions around the world, and disrupted markets and income streams everywhere.

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