Wallbridge continues to entice larger producers to pay for play
Wallbridge Mining (WM-T) continues to lock-up deals with bigger platinum players in a bid to prove up projects while minimizing shareholder dilution.
Platinum Group Metals
Mitsubishi takes stake in Marathon
Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…
Prophecy Platinum and Ursa Major to merge
Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
Nationalization agendas will take a bite out of industry revenues
Vancouver— Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
Prophecy Platinum and Ursa Major to merge
Vancouver — Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
Winds of change blow for Anooraq and Amplats at Bokoni
Twin tragedies bookended four months of turbulence and change at the Bokoni platinum mine in South Africa’s Limpopo province.
Implats faces violence in South Africa, threat of losing assets in Zimbabwe
Tensions remain high at the world’s largest platinum mine, as a second miner has been killed and strike action continues for a fifth week.
Winds of change blowing for Anooraq and Amplat at Bokoni
Vancouver — Twin tragedies have bookended four months of turbulence and change at Anooraq Resources (ARQ-V) and Anglo American (AAL-L) subsidiary Amplat’s Bokoni platinum mine in the Limpopo Province of South Africa.
New Brunswick: top spot for mining
The international mining industry has ranked New Brunswick as the world’s most attractive jurisdiction for exploration and development, unseating last year’s winner Alberta which fell to third place behind Finland, according to the…
Eagles, Buffalos and America the Beautiful: Investing in US coins
From gold- or silver-backed exchange-traded funds (ETFs) to high-risk junior exploration plays, options, futures, coins, bars or shares in senior mining companies, the modern investor has no shortage of ways to invest in precious metals.
Panoramic launches hostile bid for Magma Metals
An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.
Panoramic launches hostile bid for Magma Metals
An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.