Platinum deficit to reach 1.2M oz. in 2020: report
Both sides of the market showed strong recovery during the third quarter.
Platinum Group Metals
Australia to ramp-up production of critical minerals
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical…
Global platinum demand to decline 7% in 2020: GlobalData
Global platinum demand is set to fall by 7.2% in 2020, with the Covid-19 pandemic driving significantly lower demand from the auto and jewellery sectors, according to GlobalData, a U.K.-based…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
TSX Venture rises, Sept. 28-Oct. 2
The S&P/TSX Venture Composite Index climbed 1.92% to finish the Sept. 28-Oct. 2 trading week at 708.60. Spot gold rose US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce. New…
Silver and PGM snapshot: Seven companies to watch
With silver and platinum group metal (PGM) prices on the upswing on the back of a gold price rally, there is a renewed interest by investors in mining companies. Below,…
Palladium One extends mineralization at Kaukua South
Palladium One Mining (TSXV: PDM; US-OTC: NKORF) has extended the Kaukua South zone at its flagship Lantinen Koillismaa (LK) platinum-nickel-copper project in Finland, 190 km northeast of the port city of…
Platinum and palladium could boost performance of lithium-ion batteries
Lion Battery Technologies is pushing forward with plans to develop lithium-ion batteries that use platinum and palladium to enhance battery performance. The company was formed as a joint venture between Platinum…
Canadian Palladium reports broad, near-surface intercepts from East Bull
The most recent drill results from Canadian Palladium’s (CNSX: BULL; US-OTC: DCNNF) 9.9-sq.-km East Bull property, 90 km west of Sudbury, Ont., returned broad intercepts of near-surface palladium mineralization from…
Rhodium rockets to all-time high
The rhodium price has been on a roller coaster ride this year, rocketing from US$6,050 per oz. at the start of 2020 to a high of US$13,800 per oz. by…
Large-scale Zimbabwe platinum project clears key hurdle
Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) has cleared an important hurdle to develop what it would be the African nation’s largest mine of the precious metal. GDI, 50% owned…
Atlantic Nickel extends Santa Rita mine life to 34 years
Appian Capital Advisory’s Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of…