Lonmin freezes plans to boost stake in Ashanti
Denver — British-based platinum producer Lonmin says it has no plans to increase its stake in Ashanti Goldfields (ASL-N), despite reports that the government of Ghana may be willing to sell some of i…
Platinum Group Metals Ltd
Idaho revs up Stillwater program
A 4,000-metre drill program is testing the first of two targets outlined by Idaho Consolidated Metals (IDO-V) at the Stillwater complex in Montana.The junior, which owns 110 sq. km of ground adjacent …
SouthernEra reduces debt with share issue
The international arm of Rand Merchant Bank has agreed to convert another US$2 million of debt owed by SouthernEra Resources (SUF-T) into shares.RMB International (Dublin) is to receive 1.5 million sh…
Rockwell unravels Pedra Branca puzzle
Fortaleza, Brazil — Some 250 km southwest of this busy port city, structural deformation has transformed one of the world’s largest layered mafic intrusive complexes into a geological puzzle, which, …
Partners discover third PGM layer at River Valley
Drilling appears to have intersected a third mineralized horizon at the River Valley platinum group metals property in the Sudbury region of Ontario.Toronto-based Mustang Minerals (YMU-V) and its Sout…
Partners test PGE showings
Hoping to outline a platinum group metals deposit, Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have acquired a 2.6-sq.-km parcel of ground in the Thunder Bay region of Ontario.The pair s…
Southwestern Gold active in Argentina, Peru
Denver — Faced with the impending South American winter, partners Southwestern Gold (SWG-T) and Consolidated Jaba (JBA-V) are hurrying to complete soil sampling on the Tecka layered mafic intrusion i…
Inco options Atikokan ground
An option agreement with Atikokan Resources (AKN-V) sets the stage for Inco (N-T) to earn a 55% interest in the junior’s Lumby Lake project in northwestern Ontario. The target is believed prospective …
Wyoming has diamond potential
The Wyoming State Geological Survey has identified the Medicine Bow National Forest as a region with high potential for diamonds and platinum group metals (PGMs).The forest lies on the edge of the Wyo…
SouthernEra re-invents itself as PGM miner
Once attached exclusively to diamonds, SouthernEra Resources (SUF-T) has turned its attention to platinum group metals — in particular, the advanced Messina project in South Africa.SouthernEra made t…
Trilogy targets PGMs at Nunavut’s Muskox property
Vancouver — Junior explorer Trilogy Metals (TRG-V) is preparing to launch an ambitious drill program in search of platinum group metals (PGMs) and associated metal sulphides on its Muskox North prope…
Minera seeks PGMs
Vancouver — With Pacific North West Capital (PFN-V) drilling its Janes-Davis property, Minera Capital (MNL-V) has launched a 750-metre drill program to the north, on its Murray Lake-Jane Township pla…