Category: Platinum Bullion
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Tharisa PLC Invests $547 Million in Underground Platinum Mining
Tharisa PLC, a prominent South African mining company, has announced a substantial investment of $547 million in transitioning its open-pit operation to an underground platinum group metals (PGM) mining project. This strategic move is aimed at accessing deeper mineral reserves to ensure the long-term viability of the Tharisa mine, located in the mineral-rich Bushveld Complex…
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Platinum Surges as Top Investment Choice in 2025 Market
The precious metals market in 2025 has seen a significant transformation, with platinum emerging as a top performer, surpassing gold and silver in investor interest. This surge in platinum investment reflects a fundamental shift in market dynamics, driven by various factors. (10) Air-Tite Brand 5oz Silver Bar Holders for Scottsdale Bars, Silvertowne’s Art Bars, and…
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Platinum Price Surge Attracts Investors Amid Supply Concerns
Platinum’s remarkable performance, surpassing even gold, has caught the attention of investors this year. The surge in platinum prices, up nearly 75% in Australian dollar terms over the last 12 months, has outpaced gold’s steady climb. This surge began in late May, with platinum now trading at $2540.13 per ounce, a significant increase from a…
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Zimplats Considers Reopening Hartley Mine Amid Platinum Price Surge
Zimplats, a subsidiary of Impala Platinum in Zimbabwe, is considering reopening its Hartley mine following a significant surge in platinum prices in 2025. The company is conducting feasibility studies to assess the economic viability of reviving the mine, which has been dormant since 1998 due to operational challenges. D Collection KAR428PT09 Platinum Diamond 0.08ct Eternity…
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Precious Metals Prices Surge Amid Global Economic Uncertainty
Throughout 2025, the precious metals market has seen a significant surge in prices, not just for gold but also for silver and platinum. While gold has been on a remarkable rally, with a nearly 50% increase in value, silver and platinum have outpaced this surge. Silver, in particular, reached its highest value in history at…
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Tharisa to Invest $547 Million in Underground Platinum Mining
Tharisa, a South Africa-based company, has unveiled plans to invest a substantial $547 million in an underground platinum group metals (PGM) mining project over the next decade. The initiative aims to transition the existing open-pit Tharisa mine, which produces PGM and chrome, to underground operations on the Bushveld complex. The War Underground 1914–18: Tactics and…
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Platinum Price Surges to 12-Year High Amid Supply Constraints
The platinum price surged past US$1,600 per ounce, reaching a 12-year high. The precious metal’s rally was fueled by supply constraints and steady demand from various sectors. With over 70 percent of platinum demand stemming from industrial and automotive industries, the market remains sensitive to economic cycles. Despite economic uncertainties boosting gold prices, platinum is…
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South African PGM Sector Shows Recovery Amid Market Challenges
South African platinum group metals (PGM) sector has shown signs of recovery after facing challenges in early 2025. Recent data indicates a positive shift in production metrics, with PGM production increasing by 10.4% month-on-month in May 2025, reducing the year-to-date production decline. Analysts suggest that mining companies are successfully implementing strategies to recover from disruptions…
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Platinum Asia Investments’ Scheme Approval Signals Strategic Investment Shift
Platinum Asia Investments Limited has received approval for its scheme of arrangement from the Federal Court of Australia, marking a significant development for the ASX-listed investment company. The scheme, aimed at providing returns to shareholders through investments in Asian equities, particularly the Platinum Asia Fund, has now been legally sanctioned under the Corporations Act. The…
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Platinum’s Resurgence Sparks Investor Interest Amid Supply Shortages
Platinum, once undervalued, is now experiencing a resurgence in investment demand, surpassing gold and silver in performance. The market’s third consecutive annual deficit has driven prices to multi-year highs, with supply shortages intensifying investor interest. Tight market conditions, indicated by high lease rates and futures market backwardation, underscore the scarcity of physical platinum, enticing both…