Mining company Gold Fields has insisted that it is still keen to enter into the platinum market.

Corporate development senior vice-president Jimmy Dowsley has reaffirmed the company's interest in the platinum sector, claiming that pgms "are on our radar".

Speaking to Mining Weekly, Mr Dowsley explained that the firm's investors have shown willing to enter into the platinum market, although he added that the company's core business will remain gold.

However, he stated that the pgm sector could make up as much as 25 per cent of the company's business in the future, claiming that this "would not undermine our core gold focus, and our shareholders have indicated that they agree".

Mr Dowsley commented: "One of the reasons we like pgms is that, although they are precious metals, they are strong industrial metals as well."

Gold Fields has so far centred its pgm interests on Finland and the Bushveld region of South Africa and while Mr Dowsley stated that the firm is not actively seeking out any other pgm opportunities, he added "we are keeping our eyes open".


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