Plummeting platinum group prices could worsen shortage: report
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
Platinum Group Metals
Crude Anglo American email highlights cyber-hack threat
Subscribers to global miner Anglo American’s (LSE: AAL) email newsletter service might have received an eyebrow-raising message from the company on Monday telling them to “GO F**K YOURSELF.” The company’s…
Cage drop kills 12, injures 74 at Implats Rustenburg mine in South Africa
Following a fatal accident at Impala Platinum Holdings‘ (JSE: IMP) Rustenburg mine in South Africa, the death toll has risen to 12 after a victim succumbed to their injuries in…
Sibanye-Stillwater cuts about 300 jobs in US to lower costs
Precious metals producer Sibanye-Stillwater (NYSE: SBSW) said on Wednesday it will proceed with expected job cuts at its U.S. platinum-group metals (PGM) operations, as declines in metals prices make it…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
New video game sells mining to students
Youth across Canada can now explore the world of modern mining through a new digital game. The game – Mine Evolution – officially launched on Thursday at the Dynamic Earth…
Sibanye-Stillwater eyes cuts at US mines on weak palladium prices
Precious metals producer Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) warned on Thursday of further changes at its palladium operations in the United States to adjust to an ongoing decline in the…
JV Video: Why Nickel Creek Platinum’s Shaw is a project for the energy transition
Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) is aiming to have its Nickel Shaw project ready for what CEO Stuart Harshaw says will be a jump in global demand for nickel…
JV Video: Why Archer Exploration looks for nickel sulphides in Ontario and Quebec
Archer Exploration (CSE: RCHR; US-OTC: RCHRF) has carved a niche in nickel-copper-cobalt-platinum group metals with a diverse range of assets anchored by the Grasset project in Quebec. The project in…
Canadian mining capex reached decade high in 2022
Capital spending in Canada’s mining industry increased by 14% to $13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s…
Ontario snapshot: Seven companies in discovery and development mode
From the nickel hotbed of the Sudbury Basin to the high-grade gold of Red Lake and newer critical metal discoveries in between, Ontario hosts some of the world’s most productive…