platinumlatest news & developments

Northam and Valterra, sitting in a tree?

Northam Platinum opens itself to takeover bids, Valterra is the most likely suitor

Northam shares jump on takeover talks

Markets abuzz as Northam reveals unsolicited approach

Northam mine. Facebook/Northam/Khoni Johannes Mokhonoana; Rawpixel; Currency

Northam: digging through the platinum dip

While many miners hold back, Northam is expanding production and attracting heavyweight investors betting on tighter future supply

Richard Stewart, Sibanye-Stillwater. Supplied

Sibanye: not just a gold and PGM play

Sibanye-Stillwater is coining it, but can the gold and PGM producer become a less volatile profit generator?

Gwede Mantashe. Picture: Gallo Images/Sharon Seretlo.

The canary in the mine: why South Africa’s exploration plunge matters

Mining exploration spend ebbed to R781m in 2024 from over R6bn in 2006. Only big changes to a contested new mining bill will break the slump

Technical

Platinum rally shows signs of running out of steam

Platinum spiked to a record high of about $2,900 an ounce this week as precious metals surged in a risk-off rush. But momentum has started to cool

Currency’s 2025 stock picks

Crocodiles to CrowdStrike: how Currency’s 2025 picks played out

Currency’s staff equity stock-picks returned a thumping 37% this year, with some spectacular hits, and quite a few misses

Anglo American CEO Duncan Wanblad. Supplied

Anglo: leaving the party before the champagne arrives

Is it possible that the curse of Anglo’s demergers and asset sales has come back to haunt the company, as platinum prices start rallying again?

Boom

The JSE bashes through 100,000. Now what?

A milestone close for the JSE all share index is almost entirely thanks to gold, platinum and Naspers shares this year. And the party may well continue

Platinum nugget. wikimedia / Alchemist-hp / Rawpixel / Currency collage

White-hot platinum

Platinum has been on a stonking 40% price rally. The World Platinum Investment Council’s Edward Sterck tells Currency about this long-awaited upturn

Anglo Platinum’s Mogalakwena mine. Picture: Supplied

Amplats does the hard sell

Anglo Platinum will leave the embrace of Anglo American in June as ‘Valterra’ – hopefully just in time for a rebound in PGM prices