Platinum Group Metals

Palladium prices hitting new highs

A rare combination of ongoing strikes in South Africa’s platinum group metal mines combined with political tensions between Russia and Ukraine have translated into three-year highs for palladium prices in early June, resulting in one of…


Duluth Metals senior vice-president of exploration Dean Peterson at the Twin Metals polymetallic project in Minnesota. Credit: Duluth Metals

Duluth sees nickel upside at Twin Metals

VANCOUVER — It’s been a long road for junior Duluth Metals (TSX: DM; US-OTC: DULMF) on the northern edge of Minnesota’s prolific Iron Range, but it looks like development at the company’s Twin Metals joint venture…


Drillers at Ivanhoe Mines' 95%-owned Kamoa copper project in the Democratic Republic of the Congo. Credit: Ivanhoe Mines

Ivanhoe raises $150M for DRC projects

VANCOUVER — With a $150-million financing, executive chairman Robert Friedland and his team at Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) have sidestepped a cash crunch that could have impacted the company’s ability to advance its…


An outcrop at Sudbury Platinum's Aer-Kidd nickel-copper-PGM project in Sudbury, Ontario. Credit: Transition Metals

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…



HSBC’s bullish bias on platinum

Strikes at South Africa’s three largest platinum producers, robust global demand from the auto sector, and strong jewelry demand in China, will push the average price of platinum this year to US$1,595 per oz., James Steel and Howard Wen of HSBC…


A drill site at Ivanhoe Mines' Platreef PGM project, 280 km northeast of Johannesburg, South Africa. Credit: Ivanhoe Mines

Ivanhoe unveils Platreef PEA as drills hit Ga-Madiba

VANCOUVER — Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is sitting on an impressive platinum group metals (PGM) resource at its Platreef property, situated 280 km northeast of Johannesburg, South Africa,. And the…


Fieldworkers at Wallbridge Mining's Broken Hammer copper-PGM project in Sudbury, Ontario. Credit: Wallbridge Mining

Wallbridge to put Broken Hammer into production

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.



Geologist David Penna studies drill core at North American Palladium's Lac des Iles mine located in northwestern Ontario. Credit:  North American Palladium

The Russian effect: First nickel, now palladium

First it was nickel prices and now it’s palladium. Another metal with a silver hue, albeit a more precious one, has been on a run with sanctions against Russia again being seen as the culprit.



A geo technician checks core sampling at Platinum Group Metals'  Waterberg project on the North Limb of South Africa's prolific Bushveld Complex.

Platinum Group unveils Waterberg PEA

VANCOUVER — Roughly three years ago junior Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) made its Waterberg discovery on the North Limb of South Africa’s prolific Bushveld complex, and the company has had the project on the fast…


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