RE: PGMs surging today11 Dec 2024 07:33
"I am pleased to report that the first Quarter of FY2025 year has yielded strong results in line with our expectations, achieving 19,160 4E PGM ounces by the SDO, a 12% increase from that recorded in Q4 FY2024. Although the average 4E gross basket price decreased by 2% in USD terms and 5% in ZAR terms, the increase in production ounces recorded during the Quarter resulted in stronger profits compared to Q4 FY2024."