VANCOUVER, British Columbia and JOHANNESBURG, South Africa, May 01, 2018 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (PTM:TSX) (PLG:NYSE American) ("Platinum Group" "PTM" or the "Company") reports today that Liberty Metals & Mining Holdings, LLC ("LMM") and the Company have agreed to
Bluejay Mining (LSE:JAY) has announced that it has increased its land package for the Disko-Nuussuaq magmatic massive sulfide (MMS) nickel-copper-platinum project in south-west Greenland by an additional 1,616km2. The Project now comprises a total of 2,586km2. According to the press release,
May 1 (Reuters) - Platinum Group Metals Ltd: * PLATINUM GROUP METALS LTD. AMENDS LIBERTY METALS & MINING CREDIT FACILITY. * PLATINUM GROUP METALS LTD - LIBERTY METALS & MINING HOLDINGS LLC & CO HAVE AGREED TO AMENDED CREDIT TERMS FOR AN EXISTING
Cypriot investor Karo Resources recently signed a $4.2bn deal to develop a platinum mine and refinery in Zimbabwe, with first production expected in 2020. With the resignation of former President Robert Mugabe, the deal has been heralded as a sign that Zimbabwe is opening up to foreign investment and
The South African platinum mines generated 286,194oz of four platinum group metals, including gold, unchanged from a year earlier. However, all-in sustaining costs fell by 4% to R10,186/oz. The mines posted adjusted ebitda of R258m, up from R220m a year earlier. The received price for the four metals
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 26, 2018 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (PTM:TSX) (NYSE American:PLG) ("Platinum Group" "PTM" or the "Company") reports the completion of the previously announced sale of 100% of the equity in Maseve Investments 11
QUEBEC - Azimut Exploration of Longueuil, Que., has begun a 1,000-metre drill program at its 100% owned Chromaska chrome-platinum group-nickel property 45 km from Nemaska. Chromaska, formerly called Eastmain West, is geologically and geophysically similar to the Black Thor Intrusive Complex
Platinum Mining Market research report provides the up-to-date industry data and industry future trends, allowing you to categorize the products and end users driving Revenue, growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of
The total revenues of the 40 largest global metals mining companies in 2016 was about US$500 billion. The great bulk of that was raised through non-precious metals such as iron, aluminum, nickel, zinc and copper. Platinum, palladium, gold, rhodium, niobium, vanadium, tantalum and more exotic
Nickel Creek Platinum, formerly Wellgreen Platinum, is a Canadian mining exploration and development company focused on advancing its 100-percent owned Nickel Sh??w project towards becoming Canada's next world-class nickel sulphide mine. There are no recent company news that could explain
Russia and Zimbabwe signed a $3 billion platinum mining deal in 2014. Lavrov has already visited Angola, Namibia, Mozambique and Zimbabwe, and is expected in Addis Ababa on Friday where he is due to hold talks with Ethiopian authorities and leaders of the African Union continental bloc. He added
Global platinum supply is forecast to be 7,815 koz in 2018, a decline of 2% from 2017, despite an anticipated increase in recycling of 60 koz to 1,965 koz. Total mining supply for 2018 is expected to decline by 4% to 5,850 koz. The declining total mining supply is attributable to a reduced output of the metal
Mining will initially focus on the Malaya Sosnovka site, which contains 275 000 m3 of productive gravels and 84 kg of raw platinum. Mining will progress to the larger Kluchiki site, which contains 893 000 m3 of productive gravels for 319 kg of raw platinum. Eurasia maintains complete ownership of the
Northam - Communities living in the mining area of Northam Platinum mine in Limpopo braved the rain to hand over a memorandum to the mine on Thursday. Communities residing in the 50km radius of the mine demanded that they be employed at the mine; that the mine recognise their councillors and
Harare - Mine closures in South Africa are expected to weigh down global platinum output this year, with the World Platinum Investment Council saying on Thursday that combined supply from Zimbabwe, South Africa and Russia will decline by 2% to 7.815 k ounces this year. South Africa has the world's
Russia and Zimbabwe signed a $3 billion platinum mining deal in 2014. Lavrov has already visited Angola, Namibia, Mozambique and Zimbabwe, and is expected in Addis Ababa on Friday where he is due to hold talks with Ethiopian authorities and leaders of the African Union continental bloc. He added
Dual-listed Platinum Group Metals has announced that Japan Oil, Gas and Metals National Corporation and Hanwa signed a memorandum of understanding to transfer part of JOGMEC's interest in the Waterberg palladium, platinum, gold, rhodium and copper, nickel project, located in the Bushveld
According to data released by the World Platinum Investment Council, a group funded by SA's platinum miners to spur investment in the metal used to make autocatalysts and jewellery, the market will move into a far smaller surplus of just 25,000oz in 2018, with mined supply falling by 4% led by SA, Russia
Not only does platinum has a strong jewelry market, but global growth should help boost the metal's industrial usage. Platinum is the critical component in catalytic converters, which is used to reduce harmful exhausted emissions. While platinum is mainly used in diesel engines, Fulp noted that the metal
Historically, platinum has always been priced at a significant premium to gold. Yet today, the price of platinum is lower than gold. Putting this fact into proper context, the price of gold is also depressed - so depressed that mine supply of the yellow metal is now falling. Today's platinum price represents an