Platinum price hits five-year high
Platinum prices have surged to their highest level in five years as global supply tightens and investors position ahead of policy changes in China. The spot platinum price was $1,658.68…
Platinum Group Metals
South Africa state raises Sibanye stake above 20%
Public Investment Corp. (PIC), South Africa’s state-owned asset management firm, has raised its shareholding in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) to above 20%, further cementing its states as the miner’s…
Clean Air PEA bets on toll milling for fast Thunder Bay North payback
An updated study for Clean Air Metals’ (TSXV: AIR; US-OTC: CLRMF) Thunder Bay North platinum–palladium project in northern Ontario significantly cuts initial costs by shifting to a toll-mill processing scenario…
NexMetals drills wide copper-nickel zones in Botswana
NexMetals Mining (TSXV, Nasdaq: NEXM) on Tuesday said four new holes in its 12-hole metallurgical program at the past-producing Selkirk copper-nickel–platinum mine in Botswana returned broad, near-surface mineralization, supporting a…
Platinum Group’s matte move could unlock Waterberg
Platinum Group Metals (TSX: PTM; NYSE-A: PLG) is seeking South African approval to export converter matte from its Waterberg project rather than bagged concentrate, CEO Frank Hallam says. Converter matte…
Video: Azimut preps Wabamisk drilling after VG find
Azimut Exploration (TSXV: AZM; USOTC: AZMTF) is fast-tracking work at its Wabamisk project in Quebec after fieldwork outlined a new surface target with visible gold, president and CEO Jean-Marc Lulin…
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner founded by billionaire Robert Friedland….
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Magna cuts 2.3% nickel near Sudbury
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is reporting more strong assays from drilling at its historic Levack nickel-copper mine near Sudbury, Ont., reinforcing the high-grade potential of the footwall deposit…
Trump move means more pollution not platinum price fall: analyst
The Trump administration’s alleged bid to get rid of greenhouse gas emissions standards might see more impact on pollution than platinum after its price has jumped almost 50% this year,…
Video: Bravo eyes PFS for $1.2B nickel-platinum mine
Bravo Mining’s (TSX.V: BRVO, US-OTC: BRVMF) Luanga nickel-platinum project in Pará, Brazil, has a solid investment case, president Simon Mottram says in a new video interview. A preliminary economic assessment…