Platinum Group Metals

Glencore increases its bet on PolyMet

Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…


Wallbridge eyes producer’s status

Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.


Peregrine Metals’ shares spike on acquisition news

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.




Eastern Platinum's Mareesburg platinum project in South Africa, where development has been suspended. Photo by Eastern Platinum

Eastplats stung by platinum price drop

A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…


Ursa gets in the ring with Forbes & Manhattan

Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan group to put up its dukes and prepare for a fight at the company’s annual general meeting of shareholders in Toronto on June 23.



Pacific NW Capital drills PGMs at River Valley

Harry Barr grew up on a family farm in Ontario’s Ottawa Valley and studied agribusiness at Guelph University, but when his uncle Mel asked him to help run a placer gold mine in the jungles of Colombia, a future career in mining became set in…





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