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The latest update is out from Valterra Platinum Limited ( (AGPPF) ).
Valterra Platinum reported a strong operational recovery in the first quarter of 2026, despite a deterioration in safety that included a fatality at its Mototolo mine and a higher injury frequency rate. Management has launched a comprehensive investigation into the incident and is tightening safety practices and accountability to restore a positive safety trajectory.
Total metal-in-concentrate PGM production rose 7% year on year to 743,500 ounces, driven by a 5% increase in own-mined volumes and a 10% uplift in purchased concentrate, with Amandelbult rebounding 43% as flooding impacts in 2025 faded. Refined PGM output surged 78% and sales volumes climbed 60%, helped by higher feed and rescheduled maintenance to lower power costs, while full‑year production and cost guidance, including targeted all‑in sustaining costs, remain unchanged despite inflationary pressures linked to the Middle East conflict.
More about Valterra Platinum Limited
Valterra Platinum Limited, formerly Anglo American Platinum, is a South African platinum group metals producer listed in Johannesburg and London. The company focuses on mining, processing and selling PGMs such as platinum, palladium, rhodium and associated metals, sourcing output from its own operations and third‑party concentrate suppliers to serve global industrial and automotive demand.
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