Global platinum prices remained unchanged in 2023, averaging $1,060.2/oz, as per GlobalData's recent report, Global Platinum Mining to 2030. This was only a slight increase of 0.5% from the previous year due to concerns about global economic growth and weak demand in the automotive industry. However, in January …

Impala Mine in North West, South Africa, was the largest platinum-producing mine in the world, producing approximately 696.4 thousand ounces of platinum and an estimated 8.46 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Impala Mine is owned by Impala Platinum Holdings Ltd, and is due to operate until 2035. The second …

Average platinum price 2016-2024. Find the most important statistics and facts on the global platinum mining industry.

M. Garside. As of a December 2023 ranking of the ten leading United States-based mining companies based on market capitalization, Southern Copper Corp was the largest U.S. mining company based on ...

Global Platinum Market Trends. Unique catalytic properties make platinum a widely used metal for industrial applications, with one-third of the global demand coming from the …

As seen in the above chart, 94% of the roughly 48,000 tonnes of uranium mined globally in 2021 came from just 13 companies. France's Orano, another state-owned company, was the world's second ...

Africa is a major producer of many key mineral commodities, with bountiful reserves of metals and minerals such as gold, diamond, cobalt, bauxite, iron ore, coal, and copper across the continent ...

Platinum production in Zimbabwe and major projects. According to GlobalData, Zimbabwe is the world's third-largest producer of platinum in 2022, with output up by 2% on 2021. Over the five years to 2021, production from Zimbabwe decreased by a CAGR of 0.05% and is expected to rise by a CAGR of 3% between 2022 and 2026.

Get in touch with us now., Oct 26, 2023. Zimbabwe produced nearly 15 metric tons of platinum in 2021. Compared to most of the previous years observed, this represented an increase in production ...

The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and …

A major development in the world's platinum industry took place in the early nineteen twenties when large deposits of platinum bearing ore were discovered in the Transvaal in South Africa. This led to the formation in 1931 of Rustenburg Platinum Mines Limited to work these deposits, and this company remains to this day the only platinum producer …

Sources of information. Montana is the only producer of palladium & platinum. Leads in talc production & is a major producer of copper/molybdenum, garnets, silver. It produces bentonite, common clays, construction sand/gravel, crushed/dimension stone, gold, lime, gemstones. The following data table gives nonfuel mineral commodity production ...

In the United States, platinum is mined in Montana and Alaska. The mining of platinum is complex and requires advanced techniques. It is often found mixed with other metals, and extraction requires a series of processes, including flotation, smelting, and refining. ... The global platinum mining industry is significant, with South Africa alone ...

Platinum's spot price has fluctuated between $800, where it traded in June 2020, to a high of $1,310 in February 2021. The metal's current spot price is $1,067.77. Platinum and other PGMs rank ...

This Canadian-based OTC stock owns Lion's Head Platinum, among other subsidiaries. Article continues below advertisement. ELRFF shares are down 2.09 percent on June 4. The YTD outlook is similar ...

Salient Statistics—United States: Recycling: About 115,000 kilograms of palladium and platinum was recovered globally from new and old scrap in 2021, including about …

*NOTES: Source: MINING.COM, GoogleFinance, stock exchange data, company reports. Share data from primary-listed exchange at March 28, 2024 – March 29, 2024 close of trading converted to US$ …

Get in touch with us now., May 21, 2024. South Africa is by far the largest producer of platinum in the world, with production amounting to an estimated 120 metric tons in 2023. Russia came in a ...

Production of palladium in the United States from 2010 to 2023 (in metric tons) ... Platinum mining industry worldwide Precious metals worldwide ...

In 2022, the total revenue of the mining industry was ZAR 747 billion1, underscoring its potential to further contribute to economic development and job creation. The mining sector plays a vital role in job creation and economic growth, particularly by reducing unemployment through the employment of unskilled ... Platinum reported a decline in ...

Here are the ten largest platinum mines by production across the world in 2020, according to GlobalData's mining database. 1. Impala Mine. The Impala Mine is an underground mine situated in North West, South Africa. Owned by Impala Platinum Holdings, the brownfield mine produced an estimated 514.399 thousand ounces of …

Employment in the United States mining industry excluding oil and gas from 2000 to 2022 (in 1,000s)* Basic Statistic U.S. employment in support activities for mining 2000-2021

Get in touch with us now., May 14, 2024. In 2023, the gross output of the United States mining industry (excluding oil and gas extraction and support activities for mining) came to more than 145 ...

Meanwhile, platinum mine production in the United States has experienced a decline in recent years, plummeting to about 2.9 metric tons in 2023. Platinum demand and production worldwide

The world's top five platinum-mining companies, by annual production. 1. Anglo American Platinum – 2.05 million ounces. Founded in 1995 and based in …

Zimbabwe's mining sector is highly diversified, with close to 40 different minerals. The predominant minerals include platinum group metals (PGM), chrome, gold, coal, lithium, and diamonds. The country boasts the second-largest platinum deposit and high-grade chromium ores in the world, with approximately 2.8 billion tons of PGM and …

On December 22, Wheaton announced the acquisition of a gold and 22% platinum stream on Generation Mining's (OTCQB:GENMF) Marathon project. After 150,000 toz gold is delivered, the gold stream ...

Browse 2,591 platinum mining USGS records worldwide. Most records highlight platinum mining opportunities and activity in North America, Europe, and Asia.

Platinum production in Canada and major projects. According to GlobalData, Canada is the world's fourth-largest producer of platinum in 2022, with output up by 5% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 6.41% and is expected to rise by a CAGR of 0.84% between 2022 and 2026.

Stillwater Mining Company is the only U.S. producer of platinum group metals (PGMs) and the largest primary producer of PGMs outside of South Africa and the Russian Federation. PGMs are rare precious metals used in a wide variety of applications, including auto catalysts, fuel cells, hydrogen purification, electronics, jewelry, dentistry ...