Glencore ups ante on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet polymetallic project in Minnesota has the stuff that profitable mines are made of.
Platinum Group Metals
Platinum Group secures US$260 million loan
Vancouver – Platinum Group Metals (PTM-T) has answered one of the big questions remaining on its South African platinum project by securing a US$260-million loan.
Metallurgical breakthrough lifts Hard Creek’s Turnagain
Dease Lake, B.C. – “There’s a lot of moose pasture up here,” jokes Mark Jarvis, president and CEO of Hard Creek Nickel (HNC-T), while looking out at the gently rolling hills littered with pines aboard a short flight to the company’s Turnagain…
Prophecy Platinum up on Wellgreen resource
Recently restructured Prophecy Platinum (NKL-V) has been on a share-price roller coaster ride since releasing a resource update on its polymetallic Wellgreen project in the Yukon.
Wallbridge eyes producer status
It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears.
Lower Q2 production at Eastplats’ Crocodile
Eastern Platinum (elr-t) saw second quarter production from its main Crocodile River platinum group metals (PGM) mine in South Africa’s Bushveld Complex shrink by one third, due to labour issues that led to a strike at the mine in early May.
Glencore increases its bet on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…
Wallbridge eyes producer’s status
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Peregrine Metals’ shares spike on acquisition news
Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.
Work disruptions continue on South Africa’s Bushveld
Disgruntled employees have once again disrupted mining operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) being the latest target.
Work disruptions continue on South Africa’s Bushveld
Vancouver – Disgruntled employees have once again disrupted operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) the latest target.
Eastplats stung by platinum price drop
A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…