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.
SITE VISIT Marathon, Ont. — The Marathon copper-palladium-platinum project of Marathon PGM (MAR-T, MRPGF-O) has several solid virtues: a large resource near the surface, and indications of favourable economics, not…
Stillwater Mining (SWC-N) has agreed to pump $1.6 million into Benton Resources’ (BTC-V) Goodchild nickel-copper-platinum group metal project north of Marathon, Ont., giving Stillwater the option to e…
Marathon PGM (MAR-V, MRPGF-O) plans to begin construction of its open-pit platinum group metals- copper mine near Marathon, Ont., 300 km east of Thunder Bay, by the fourth quarter of this year.
Vancouver — If silver’s moniker is the poor man’s gold, platinum’s buoyant price performance must certainly place it in the running as a much richer man’s precious metal. However, despite the lofty p…
Marathon PGM (MAR-V) plans to begin construction of its open-pit platinum group metals-copper mine near Marathon, O…
Vancouver — Pacific North West Capital (PFN-T, PAWEF-O) has landed a new major shareholder following Stillwater Mining’s (SWC-N) $2-million investment in the junior.
METALS COMMENTARY…
Shareholders of Stillwater Mining (SWC-N) have given the green light to Norilsk Nickel’s cash-and-metal offer for 51% of the Montana-based company.About 82.9% of the votes cast at a special meeting in…
Vancouver — A private equity fund has withdrawn its US$100-million rights offering for shares in Stillwater Mining (SWC-N), putting the fate of the Montana-based company firmly in the hands of Russia…
U.S. stock markets advanced modestly over the five trading days May 7-13, with the Standard & Poor’s 500 index up 7.91 points at 942.30 and the Dow Jones industrial average 90.89 points higher at 8,67…
The trading period April 30-May 5 was broadly positive for U.S. markets, with the Dow Jones Industrial Average advancing 85.37 points to 8,588.36 and the broader-based Standard & Poor’s 500 index up 1…
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