For example, Sibanye-Stillwater, a large gold producer, began to get into platinum group metals in 2016. Now, according to the CEO, Neal Froneman, diversification into battery metals is being considered. Sibanye-Stillwater – https://www.youtube.com/watch?v=_247–54n9s – Has major platinum and palladium projects in South Africa and the United States.
Platinum plays an important role in fuel cell technology, which is particularly important for transport solutions. Hydrogen and oxygen react with each other and a platinum catalyst is used to generate electricity. And fuel cell technology is being promoted and could gain in importance in the future.
There are also gold producers who rely on green energy such as solar energy, just now Caledonia mining – https://www.youtube.com/watch?v=JVQrPbUG3Vc – to secure the power supply for the mining activities. Caledonia Mining successfully operates the Blanket Mine in Zimbabwe and pays dividends on a regular basis. Gold production is expected to rise to around 80,000 ounces of gold annually in about two years. Now Caledonia will invest in the construction of a solar power plant.
The trend towards electrification, automation and digitization does not stop at the mining sector. Electric mobility is being used more and more in mining. And the use of solar energy is also a plus from an air conditioning point of view.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/ -) and Caledonia Mining (- https://www.resource-capital.ch/de/unternehmen/caledonia-mining-corp/ -).
In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be assumed for damage caused by using this blog. I would like to point out that stocks and especially warrant investments are generally associated with risk. The total loss of the capital employed cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of any content. Despite the greatest care, I expressly reserve the right to make an error, particularly with regard to figures and rates. The information it contains comes from sources that are believed to be reliable, but in no way claims to be correct or complete. On the basis of court judgments, the content of linked external pages is jointly responsible (including the Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as there is no express distancing from them. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Personal-Financial.com AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/
Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable as being posted by third parties in the “News” area of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.