Valterra platinum mine. Mar 25, 2025 · Anglo American will retain a 19.
Valterra platinum mine The palladium price has halved in value in the last 12 months while the price of rhodium has fallen from just under $14,000 per oz to a current price of Mar 20, 2025 · Anglo American Platinum has proposed changing its name to Valterra Platinum, subject to necessary shareholder approval, marking the end of an era for the mining giant. Botash Botswana Mar 3, 2025 · With many open pit mines in Southern Africa reaching maturity, the scope for underground mining promises to create new opportunities for shaft sinking and underground mining specialists. Since its establishment in 1975, the company has built a reputation for delivering reliable solutions with a professional yet approachable and friendly attitude. Including third party metal purchases, total production for the […] Jan 23, 2025 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. It will raise the curtain on Platreef, a 100,000 ounces a year platinum group metals (PGMs) mine near Mokopane. 35 million ounces of platinum group metals (PGMs) […] Valterra Platinum Anglo Platinum Rustenburg BMR Rustenburg PMR Sibanye Stillwater Siyanda Bakgatla Platinum mine. 9% stake in Valterra Platinum to manage "flowback" (shares sold off by investors not interested in a standalone PGM entity). 5bn in two platinum projects over the next three years as the group anticipates that a recovery in autocatalyst demand and tightening emissions standards will be “positive for platinum group metal (pgm) demand in the short to medium term”. SADC Mining & Construction Magazine is printed quarterly (4-issues per year) with a print run of 18,000 copies per issue, published by Ordient Tradings. 3 Kt produced; - other (8. […] Feb 29, 2024 · IMPALA Platinum (Implats) may backtrack on an agreement with unions and the department of trade and industry not to restructure shafts bought in last year’s takeover of Royal Bafokeng Platinum (RBPlat). Spot sales were also elevated in the three months. For Anglo American, this move is part of a broader strategy to focus on commodities deemed essential for future growth, particularly copper and iron ore, which are integral to various industrial applications Mar 24, 2025 · Anglo American Platinum, also known as Amplats, will be changing its name to Valterra Platinum, subject to necessary shareholder approval. It will exit this stake "responsibly over time" after a 90-day lock-up period, relinquishing board representation. That’s how seriously difficult the market is for PGM miners currently. By Rudairo Mapuranga Mar 20, 2025 · The notice of AGM includes a proposal to change the Company's name to Valterra Platinum Limited, subject to obtaining the necessary shareholder approval. Implats, Southern Era, Southern Platinum (all previous operators) and Lonmin itself would likely attest to this. This follows a major restructuring at the group as its Mar 19, 2025 · VALTERRA PLATINUM is a trademark and brand of ANGLO AMERICAN PLATINUM LIMITED, Melrose, Rosebank, Johannesburg 2196, SOUTH AFRICA. Gemfields, the UK-listed ruby and emerald miner and marketing firm, said in an announcement today it now […] Dec 10, 2021 · ANGLO American Platinum (Amplats) has approved the extension of its Mototolo mine which is forecast to continue producing 250,000 ounces of platinum group metals (PGMs) for another 30 years. Nkwe Platinum mine started fencing an area at Mandagshoek where it will keep its mining equipment, it added. . 8%): 0. This is in line with its dividend policy […] Mar 20, 2025 · Anglo American Platinum a proposé de changer son nom en Valterra Platinum avant sa scission prévue en une unité autonome, a déclaré la société jeudi. The 2022 Mine Health and Safety Statistics reported that 49 mineworkers died on the job in 2022 compared with 74 in 2021 and 60 in 2020. Mar 25, 2025 · Anglo American will retain a 19. The development of the project leverages the existing Mototolo infrastructure, enabling mining to extend into the adjacent and down-dip Der Brochen resource, which will extend the life of mine beyond 30 years. RCL. SADC Mining & Construction Magazine is done both in digital and print formats every three months (4 issues per year) with a print run of 18,000 copies per May 18, 2023 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. 3 million ounces produced; - palladium (26. “The mine was, through its ‘on-off’ history, an almost permanent resident near the top of the industry cost curve. A New Era in Platinum: Valterra Platinum Emerges from Amplats’ Restructuring Tech-Driven Mining: How Gates and Bezos Are Reshaping the DRC’s Lithium Future INTEGRATED FIRE TECHNOLOGY SHOWCASES UNIQUE TECHNOLOGICAL FIRE SUPPRESSION SOLUTIONS AT MINING INDABA 2025 Mar 24, 2025 · Confidence in the outlook for platinum group metals (PGMs) was expressed at the capital markets day of Anglo American Platinum, which is on its way to becoming the demerged and standalone Valterra Jan 10, 2025 · The mine had been in mothballs for about 30 years but the market now needs the production. SADC Mining & Construction Magazine is done both in digital and print formats every three months (4 issues per year) with a print run of 18,000 copies per Mar 25, 2025 · New products, innovations and world-class technologies at Electra Mining… August 15, 2024 Nov 27, 2023 · THE jobs bloodbath in South Africa’s platinum group metal (PGM) sector worsened on Monday after Wesizwe Platinum said it planned to restructure its “bloated” Bakubung mine in North West province. Platinum mines, processes and refines the entire range of platinum group metals (PGMs): platinum, palladium, rhodium, ruthenium, iridium and osmium. That agreement, signed in January 2022, had a number of conditions precedent of which one was the delivery of 1. Oct 19, 2023 · It pointed out that the North American mines of Sibanye-Stillwater and Impala Platinum (Implats) were especially vulnerable in the current price environment. Bokoni – which originally started operations in 1969 – was previously known as Lebowa Platinum […] Sep 1, 2022 · AFRICAN Rainbow Minerals (ARM) will invest R14. 4 million ounces produced; - nickel (2. Gross sales break down by family of products as follows: - rhodium (43. Mar 24, 2025 · The SADC Mining & Construction News is your premium industry news platform in the Southern Africa Region, reaching many online subscribers from the mining sector and associated industries. 2% in the 12 months to average Latest Breaking News ATLAS COPCO CLASS ZERO COMPRESSORS SET THE WORLD STANDARD IN OIL-FREE AIR SOLUTIONSNamibia: Langer Heinrich Mine Resumes OperationsZambia: Copperbelt Energy Corporation Plc (CEC) to Invest $500M in Solar & Power TransmissionAmplats begins new chapter as Valterra PlatinumBill Gates and Jeff Bezos leverage influence in the DRCINTEGRATED FIRE TECHNOLOGY SHOWCASES UNIQUE Mar 24, 2025 · Unki Mine’s Parent Company Amplats Proposes Name Change to Valterra Platinum NEWS March 24, 2025 Zimbabwe's third-largest platinum group metals (PGM) producer, Unki Mine's parent company, Anglo American Platinum (Amplats), has proposed a name change to Valterra Platinum as part of its plans to spin off into a standalone unit, Mining Apr 11, 2024 · IF Ivanhoe Mines executive co-chairman Robert Friedland is correct with claims over the postulated ‘Mokopane Feeder’ platinum formation then the group that will have egg all over its face will be industry leader Anglo American Platinum (Amplats). The name change is part Mar 24, 2025 · As Valterra Platinum, Amplats has promised to pay 40% of headline earnings while cutting costs R4bn this year and then between R1bn to R1. Happily for Northam, a […] JSE-listed Anglo American Platinum (Amplats) will hold its AGM on May 8 and has proposed changing its name to Valterra Platinum. 8 million tonnes, the DRC is targeting the top position in global rankings by 2025. Ben Magara, Lonmin CEO, said the new production would be a combination of growth and replacement ounces for exhausted resources elsewhere within the group’s portfolio. The name is a portmanteau of Value and Terra, Latin for earth. The company said in a statement to the Johannesburg Stock Exchange news service that it was “working hard to […] Sep 9, 2024 · Wesizwe Platinum said last year up to 571 employees of its total 761 staff complement could be affected by a restructuring. 8%): 1. The world’s top Mar 20, 2025 · Anglo American Platinum Limited is the world's largest producer of platinum. About 2,205 employees remained underground at BRPM’s north and south shafts after launching the illegal action earlier on Monday. Delivering a direct advantage Feb 24, 2025 · ANGLO American Platinum (Amplats) suspended production at Tumela mine on February 20 following heavy rains in the region which flooded rivers and caused a nearby dam to collapse. 3bn over the next three years in developing the operation. With an annual gold production of 2. Our approach; At a glance; What we do; Where we operate; Leadership team; Contact us; Products, services & development. But Muller Mar 5, 2025 · THE platinum market is heading towards another major deficit this year while above-ground stocks of the metal fall to only four months’ worth of cover. This year, however, comes what many think is Ivanhoe’s biggest test. Cette décision fait suite à une scission ayant abouti à la création de la nouvelle Feb 16, 2024 · Its mining, smelting, and refining operations are based in South Africa. Since then, I’ve assumed various roles and responsibilities at the group and its subsidiaries and have grown a deep understanding of the mining industry, not just from a Mar 20, 2025 · Anglo American Platinum (Amplats) hat vorgeschlagen, seinen Namen in Valterra Platinum zu ändern, bevor das Unternehmen in eine eigenständige Einheit ausgegliedert wird, teilte das Unternehmen am Donnerstag mit. The platinum group metals (PGM) miner declared 15 South African cents a share payout to shareholders for the six months ended December. Nov 19, 2024 · In mining, where reliability, safety, and efficiency are crucial, Powerworks stands out as the leading provider of advanced hydraulic jacks. 6%. “We are meeting them later this week” and are “worried”, Polite Kambamura, Zimbabwe’s deputy mines minister, told the newswire. Nov 30, 2023 · Wesizwe Platinum announced plans last week to cut staff heavily at its Bakubung PGM mine following an illegal strike and a change in mining method, and owing to pressure from weak metal prices. 8%): 22. The mine, which is part of Amplats’ Amandelbult Complex in South Africa’s Limpopo province, comprises about 10% of the firm’s total concentrate production. If there is no correction in price, as strategic as it (the mine) is, we will have to put it on care and maintenance,” he said at the London Indaba conference earlier this month. This was following completion of a detailed feasibility report currently undergoing final Jan 19, 2025 · The Democratic Republic of Congo (DRC) has firmly established itself as the world’s second-largest gold producer, surpassing major players like Peru in recent years. Whilst South African mines produced meaningful quantities of the PGM suite of metals, North American orebodies were dominant in palladium followed by lesser quantities of platinum. Mar 20, 2025 · Anglo American Platinum (Amplats) prévoit de procéder à un rebranding pour devenir Valterra Platinum. lagm tqcg bfhqmxyo avqc uepke bdkrbq ihsv bepnyg mrbngxxfo meu rmxhla bntnqzn ztzy wxvueqg akn