Plummeting platinum group prices could worsen shortage: report
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by…
AngloGold Ashanti (NYSE: AU) has temporarily closed its Mponeng mine in South Africa after 196 workers tested positive for COVID-19. The company has conducted 651 tests since the first COVID-19…
On the back of record quarterly revenues from its wholly owned Lac des Îles mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer North American Palladium (TSX: PDL;…
VANCOUVER — North American Palladium (TSX: PDL; US-OTC: PALDF) has marked its first profitable quarter since mid-2015, thanks to surging palladium prices and increased production at its Lac des Îles…
In April the Northwestern Ontario Prospectors Association awarded the Bernie Schneiders Discovery of the Year Award to joint-venture partners Transition Metals (TSXV: XTM; US-OTC: TNTMF) and Impala Platinum Holdings for their discovery in…
VANCOUVER — An agreement in principle looks set to end the longest strike in South Africa’s mining history, 21 weeks after more than 70,000 platinum miners walked off the job demanding a near tripling of wages.
Geologist Scott McLean and geophysicist Keven Stevens set-up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
The global economic recession caused platinum demand in the car and jewellery sectors to enter a cyclical downturn. However, a substantial supply reduction, after the labour strife in South Africa moved the platinum market from surplus to…
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T, KGN-X), with a strategic alliance and private placement that further de-risks the junior’s Esaase gold…
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
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