Silver & PGMs Snapshot: Eight juniors to watch
Silver remains a prime target for mineral explorers and miners, and platinum group metals (PGM) such as platinum and palladium are of increasing interest due to their use in electric…
Sibanye-Stillwater
Precious metals miner Sibanye-Stillwater seeks control of Finnish lithium firm
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) revealed on Thursday that is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to…
Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks
Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) said on Friday that its Stillwater platinum mine will remain halted for four to six weeks, as the company works on repairing damage…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 313.26 points or 0.95% to 32,899.70 and the S&P 500 fell 49.7 points or 1.20% over the week to 4,108.54. Shares of First Majestic…
Unions set to intensify Sibanye-Stillwater strike on exec ‘wage wallop’
South Africa’s Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater’s (JSE: SSW; NYSE: SBSW) local gold mines….
Amplats sells stake in two mines to rival Sibanye-Stillwater
Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
Generation Mining clinches $240M stream with Wheaton for Marathon construction
Two weeks after it announced it would be upping its interest in the Marathon palladium-copper project in northern Ontario to 100%, Generation Mining (TSX: GENM) has landed a $240 million streaming deal…
US markets climb, Dec. 6-10
The Dow Jones Industrial Average rose 4.02% or 13,909.91 points to 35,970.99 and the S&P 500 increased 3.82% or 173.59 points to 4,712.02. Spot gold ended the week at US$1,782.90…
US markets fall, Nov. 22-26
The Dow Jones Industrial Average dropped 1.97% o 702.64 points to finish the November 22-26 trading week at 34,899.334, and the S&P 500 fell 2.20% or 103.34 points to 4,594.62….
More than US$2 trillion investment needed to meet IEA hydrogen targets
More than US$2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon…