Noront tells Wyloo to make its offer official
Noront Resources (TSXV: NOT) has responded to Wyloo Metals‘ increased offer of 70¢ per share by inviting the company to formally engage with it, and reminding shareholders that BHP‘s (NYSE:…
Platinum Group Metals
TSX Venture down, August 16-20
The S&P/TSX Venture Composite Index fell 58.55 points or 6.34% to finish the August 16-20 trading week at 864.51. Spot gold fell US$1.00 per oz. to US$1,780.70 per ounce. Shares…
Sibanye-Stillwater to acquire Eramet’s Sandouville nickel processing facility in France
In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world’s largest primary producers of platinum, palladium and rhodium and its third-largest…
Canada’s Top Ten royalty and streaming companies
Royalty and streaming companies have grown in number and popularity over the years. Here are the top ten royalty and streaming companies headquartered in Canada ranked by market capitalisation as…
South African platinum rebound to push market into surplus, says Johnson Matthey
A wall of platinum production from South Africa coming back online following Covid-19 disruptions is expected to offset demand growth this year and push the market into surplus territory, new…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…
Generation Mining feasibility defines 13-year open pit mine
A feasibility study from Generation Mining (TSX: GENM) on its 80%-held Marathon palladium-copper project in northwestern Ontario suggests a 25,200 tonne per day open pit operation producing a copper-PGM (platinum…
Clean Air Metals advances Thunder Bay North project
Thunder Bay-based Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) released an updated resource estimate for the company’s flagship Thunder Bay North platinum and palladium project in northwestern Ontario in late…
Aspiration versus reality: What lies in store for platinum group metals over the next decade?
The rise in electric vehicle (EV) market share in the car industry may be accelerating as witnessed in the wave of announcements from Volvo, Volkswagen, General Motors, Ford, Nissan, Toyota,…
US markets mixed, Feb. 1-5
The Dow Jones Industrial Average climbed 3.89% to finish the week at 31,148.24 and the S&P 500 advanced 0.02% to 3,841.47. Spot gold fell US$32.90 per oz., or 1.78%, to…
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report. The figure was about US$1.5…
Talon hits high-grade massive sulphide mineralisation at Tamarack Nickel
Talon Metals (TSX: TLO) has released the latest drill results from its Tamarack nickel-copper-cobalt project in Minnesota, 89 km west of Duluth and 210 km north of Minneapolis. Drillhole 20TK0273 intersected…