Lonmin buys back shares
London-listed mining house Lonmin, unable to find an attractive acquisition in the platinum business, has decided to distribute some of its large cash reserve to shareholders in a buy-back.Shareholder…
London-listed mining house Lonmin, unable to find an attractive acquisition in the platinum business, has decided to distribute some of its large cash reserve to shareholders in a buy-back.Shareholder…
Over the next 10 years, palladium prices will decline while platinum will reclaim its price superiority.That’s among a host of predictions offered in Platinum Group Metals: World Resources, Economics …
Now going it alone, Solitario Resources (SLR-T) plans to begin 2,000 metres of drilling at the Pedra Branca palladium-platinum project in northeastern Brazil.This past summer, Rockwell Ventures (RCW-V…
Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …
The biggest market-driver in the U.S. during the report period ended Nov. 6 was the Federal Reserve’s slashing of its overnight lending rate by 50 basis points to 2%, its lowest level in more than 40 …
Gold will remain a financial refuge in these uncertain times and the year-old bull run in gold equities has not yet reached its peak, according to an October 15th report by HSBC.The document, compiled…
Partners Pacific North West Capital (PFN-T) and New Millennium Metals (PGM-V) will acquire several more claims in the Agnew Lake intrusion, near Sudbury, Ont.In exchange for 6.5 sq. km, the pair must …
Vancouver — The discovery of platinum-palladium mineralization associated with previously identified copper-nickel prospects has triggered renewed interest in the Ungava ultramafic belt of northern Q…
Mining companies have committed a total R78 billion to the development, over the next three years, of capital projects across South Africa.According to the Johannesburg-based South Africa Chamber of M…
As it struggles to return to profitability, Falconbridge (FL-T) is counting on a strong operating performance at its wholly owned Raglan nickel-copper mine in the Ungava region of northernmost Quebec….
The annual convention of the Prospectors and Developers Association of Canada, slated for March 10-13, 2002, at the Metro Toronto Convention Centre, will feature a keynote session on exploration hot s…
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…
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