The Company is focused on the operation and development of platinum and palladium mining operations. Its projects include Maseve Mine and Waterberg.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO R. Michael Jones. Platinum Group Metals Ltd. has hit a
Billionaires Oleg Deripaska and Vladimir Potanin's working arrangement at MMC Norilsk Nickel is starting to fray, but the tycoons aren't planning to trigger a so-called shoot out - a forced auction where the losing bidder must sell his stake to the winner, three people familiar with situation said. The 2012
The capacity of some aspects of the smelting industry in North America, such as the steel sector, has significantly deteriorated in the past 25 years, as a result of Chinese companies dominating the market and supplying cheaper products, says South Africa-based foundry and engineering company Thos
Platinum Group Metals Ltd is a mineral exploration and development stage company. The Company is focused on the operation and development of platinum and palladium mining operations. Its projects include Maseve Mine and Waterberg.. Platinum Group Metals Ltd. makes its home in Vancouver, BC,
LONDON - The platinum market is set for another surplus this year after recording oversupply of 110 000 oz in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit. Platinum demand fell nearly 7% last year, with sharp falls seen in
Neither the tailings treatment plant at Cooke gold mine (pictured) nor Ezulwini's are part of the deal, for now. (Image
Ivanhoe Mines is advancing its three principal projects in southern Africa: 1) Mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa's Bushveld Complex; 2) mine development and exploration at the Kamoa-Kakula Copper Project on the
FT reported that Russia's Norilsk Nickel has teamed up with Russian Platinum to invest USD 4.4 billion to develop mining projects in Siberia, which contains some of the world's richest deposits of platinum and palladium. The two companies will form a joint venture to develop projects in the Taimyr
Palladium also benefits from expectations for growth in hybrid electric vehicles, which are typically gasoline-powered. "The deficit situation likely won't go away anytime soon," said Shree Kargutkar, portfolio manager at Sprott Asset Management. "Existing mines aren't able to ramp up production to meet
Three years after a commodity slump left their finances in shambles, mining companies are swimming in so much cash that investors aren't sure where the industry will spend it all. With metals from zinc to palladium trading at multi-year highs, four of the world's top producers generated combined free cash
Landore Resources Limited - Updated Mineral Resource Estimate B4-7 Nickel-Copper-Cobalt-Platinum-Palladium Deposit Junior Lake Property
Three years after a commodity slump left their finances in shambles, mining companies are swimming in so much cash that investors aren't sure where
The RSI (relative strength index) level for the gold-palladium spread was 59.3 on January 26. When an RSI level is lower than 30, there's a chance that prices could rise. When an RSI level is higher than 70, it could indicate a drop in price. These mining companies also closely react to the changes in
The RSI (relative strength index) level for the gold-palladium spread was 59.3 on January 26. When an RSI level is lower than 30, there's a chance that prices could rise. When an RSI level is higher than 70, it could indicate a drop in price. These mining companies also closely react to the changes in
North American Palladium Ltd. (TSX:PDL) soared out of the gates to start January, and although its ascent peaked mid-month, the share price is still up 32% and it has been one of the top
Mine development at the Platreef platinum-palladium-gold-nickel copper discovery on the Northern Limb of South Africa's Bushveld Complex. Mine development and exploration at the Tier One Kamoa-Kakula copper discovery on the Central African Copperbelt in the DRC. Upgrading at the historic,
Monchetundra, on the Kola Peninsula, is a major platinum group metals (PGM) and base metals project with state approved reserves plus resources of 2mln ounces of palladium equivalent of PGM with further base metal and gold credits. Under Russian standard C1 and C2 categories, the project hosts
Norilsk Nickel, the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said its
This year, gold production is expected to go up by 13 percent, diamonds by 40 percent, platinum by 9 percent, chrome 80 percent and palladium 5 percent. The CMZ, however, warned that the sector remained fragile as it continued to operate below capacity due to a host of challenges chief among them
When you mine for one, you are inherently mining for the other five members of the group. Fixing a shortfall in one and surplus in another isn't as easy as increasing or decreasing production of a single metal. And while auto manufacturers can substitute platinum for palladium, that requires a lot more than