PlatinumSibanye started as a Gold Fields spinout and rebuilt itself into a top-three PGM producer in less than a decade. The portfolio is unique and the leverage is real.
Gold MarketsScrap, jewellery resale, and electronic recovery now rival mine output in some years.
SilverOver half of global silver output comes from three countries, each with very different geology, politics, and cost structures. The supply outlook hinges on what happens inside their borders.
SilverRecycled silver now contributes roughly 180 million ounces annually. We look at where it comes from, why it's structurally constrained, and what end-of-life solar means for the 2030s.
SilverJunior silver miners can deliver 5-10x the move of physical silver during a bull. They can also go to zero. Here's how to think about the leverage without lying to yourself about the risk.
Gold MarketsRecycled gold supplies roughly a third of total annual demand and reacts to price faster than mining. Understanding the flow changes how you read the market.