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Earnings for the period decreased primarily due to lower revenue, arising from an 18% lower achieved dollar metal price, partially offset by a 16% weaker rand.
“The impact of the increased frequency/severity of load curtailment and cable theft resulted in a cumulative loss of 147,000 6E ounces of refined production for the period, which negatively impacted sales volumes.

It's the Fourth Consecutive Year-Over-Year increase.

Catalytic converter thefts broke records last year but are declining nationwide and in nearly every state as the prices of precious metals tumble. Thefts fell in 1H 2023, according to new data shared exclusively with USA TODAY. BeenVerified estimates ~26,742 catalytic converter thefts in the U.S. between January - June. That's down -43% from the same period in 2022.

China's passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary of buying cars amid a sputtering economy and a prolonged slump in the housing market.

The US Treasury is due to announce a new definition for clean H2 this month, setting the regulations that producers must follow in order to claim tax credits

Platinum has been used in autocatalysts in internal combustion engine (ICE) vehicles for almost fifty years, and automotive demand is the single largest demand segment for platinum, accounting for around 40 per cent of annual platinum demand.

Catalytic converter theft in Los Angeles rocketed to unprecedented heights late last year. Victimized vehicle owners found themselves sometimes waiting months for a replacement for the device that limits harmful exhaust emissions.

South Africa’s mining output has fallen further below pre-pandemic levels due to persistent electricity outages and rail disruptions, industry data shows, threatening dividend payouts to investors.

One of the world’s most valuable industrial metals, silver, could lose more of its luster as the economy it heavily relies on slows by the day.

The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, an increase of 4.7% over the first quarter of 2023 but 17.3% less than the second quarter of 2022.