Home » Internet » Salient Features – Quarter ended 31 March 2021 (Q1 2021) compared to quarter ended 31 March 2020 (Q1 2020)
Salient Features – Quarter ended 31 March 2021 (Q1 2021) compared to quarter ended 31 March 2020 (Q1 2020) Posted by PublisherInternet Thursday, 6. May 2021
Sibanye Stillwater Limited (Sibanye-Stillwater or the Group) (JSE: SSW & NYSE: SBSW – https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/) is pleased to provide an operating update for the quarter ended 31 March 2021 (Q1 2021). Financial results are only provided on a six-monthly basis.
– Record quarterly financial performance – 78% increase in adjusted EBITDA3 to R19.8 billion (US$1.3 billion)
– Solid operational results from all segments ? pre-COVID (Q1 2020) production levels exceeded
9% increase from the US PGM operations to 154,350 2E oz
Published on
04/28/2021
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China and India want gold again. Gold imports by India, the world s largest gold consumer, are the highest they have been in almost eight years. In March, 82.6 tons of gold landed in India, coming from Switzerland. How the just enormously rising Covid 19 pandemic numbers will affect this rising gold demand is still uncertain. China is also just responsible for increases from the gold refining center of Europe, Switzerland. About 75 tons of gold are said to be allowed to be imported monthly. In February, China resumed gold purchases. Approximately $600 million per month has been spent by China on gold imports since the beginning of 2020, which is about ten tons. As recently as 2019, about 75 tons of gold were brought into the country per month.
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Booming raw materials of the future
There are conventional commodities and those that are predicted to see large growth in demand over the next 20 years
Published on
04/26/2021
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Modern technologies need certain metals and raw materials. Whether it s batteries for electric cars, catalysts for the industrial sector or magnets for wind turbines, high-tech metals are in demand. It is problematic when urgently needed raw materials come from politically unstable regions - just think of cobalt and the Congo.
Fitch Solutions has been looking at the future of raw materials. Conventional raw materials will receive an additional boost thanks to their central role in the green and digital transformation. The booming raw materials that the future particularly needs include, for example, cobalt, tin, rare earths, nickel, aluminum, lithium or copper. The world is changing, digitalization and climate change are cent
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