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Sibanye in Talks on Lending Covenants as Platinum-group Metal Prices Hurt Profit
10 May 2024 11:47 GMT
… temporarily raising covenants after lower platinum-group metal prices weighed on earnings.
Last … earnings as prices for platinum, palladium and rhodium tumbled. With that trend … an impairment against its US palladium mine.
©2024 Bloomberg L.P …
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Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
09 May 2024 15:24 GMT
… provider Johnson Matthey says the palladium and rhodium markets are likely to … recovery in primary and secondary platinum group metal (PGM) production fell short of … of platinum and palladium rose only slightly, while rhodium supply declined,” Johnson …
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In the Race for Space Metals, Companies Hope to Cash In
08 May 2024 07:33 GMT
… to extract, though, are platinum-group metals, some of which are … emissions. Substances like platinum and iridium, meanwhile, are used in … simulant, to show that metal-processing could happen in space … fuel production, which uses iridium, and hydrogen fuel cell …
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Injured Hong Kong delivery driver recovers HK$12 million in suspected rhodium powder after ambush by robbers
08 May 2024 01:29 GMT
… masked men with knives and metallic pipes rushed out of … powdered substance believed to be rhodium, they said.The group … the case.
Rhodium is a rare element from the platinum group that exhibits … components.
The price of rhodium currently exceeds US$155,000 …
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Ivanhoe Mines : 2024 Notice of Annual General Meeting of Shareholders and Management Proxy Circular
11 May 2024 04:41 GMT
… , nickel, zinc, and platinum-group metals.
Our achievements this year … for the Platreef palladium-nickel-platinum-rhodium-copper-gold mine … and lowest-cost producers of platinum-group metals, nickel, copper, … Board
CDP
CITIC Metal
CITIC Metal Africa
Class A …
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How a potential Trump return to power could impact commodity prices and global markets
11 May 2024 05:21 GMT
Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 7, 2024 in New York City. Trump has been charged with 34 counts of falsifying business records, which prosecutors say was …
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Lisa Murkowski says Alaska’s minerals are fundamental
10 May 2024 22:45 GMT
… , gold, graphite, lead, lithium, nickel, palladium, platinum group elements, silver, tin, and zinc …
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Sibanye seeks debt reprieve as earnings plunge nearly R6bn
10 May 2024 16:01 GMT
… the quarter under review as platinum group metal (PGM) prices continued to remain …
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News24 Business | Sibanye seeks temporary reprieve from lenders as quarterly earnings crash 72%
10 May 2024 10:09 GMT
… )
As earnings dive amid low metal prices and in the wake … from a significant decline in Platinum Group Metal (PGM) prices during the course …
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Sibanye-Stillwater to ask lenders for relief as losses mount
10 May 2024 09:46 GMT
… the distress caused by weak platinum group metal (PGM) prices continued to wrack … record rand prices for the metal, and near record dollar prices …