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ACQUISITIONS: How does Implats’ “Lac des Iles” stack up against Sibanye’s 2016 Stillwater deal?

IMPALA Platinum’s (Implats’) bid to buy North American Palladium (NAP) is the second time a South African platinum group metal (PGM) company has sought growth in a district other than the Bushveld Complex where most of the world’s PGMs are to be found.

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ACQUISITION: North American Palladium acquires 51% of Sunday Lake PGM project

  • Date: 04-10-19
  • Category: ACQUISITIONS
  • Source: Northern Miner

On the back of record quarterly revenues from its wholly-owned Lac des Iles mine, 106 km northwest of Thunder Bay, Ontario, pure-play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) recently added to its regional presence by acquiring 51% of the nearby Sunday Lake platinum group metal project, just 60 kilometres south of its mine.

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ACQUISITION: NAP partners with Implats, Transition on Ontario project

  • Date: 23-09-19
  • Category: ACQUISITIONS
  • Source: Mining Weekly

North American Palladium (NAP), the owner of the Lac des Iles (LDI) mine in Canada, has vested a 51% interest in the Sunday Lake project, leaving South African platinum major Impala Platinum (Implats) with a 24% shareholding, down from 75%.

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ACQUISITIONS: DRDGold takeover by Sibanye-Stillwater a matter of time, and opportunity: could MWS be it?

THE improvement in the rand value of gold has given wings to all South African gold shares, including Sibanye-Stillwater – up 93% on a 12-month basis even though it also produces platinum group metals (PGMs) which have more to do with industrial demand that issues driving gold, such as global trade tensions and safe haven investment.

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ACQUISITIONS: North American Palladium Acquires a 51% Interest in the Sunday Lake PGM Project`

  • Date: 19-08-19
  • Category: ACQUISITIONS
  • Source: Globe News Wire

TORONTO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL) (OTC PINK:PALDF) is pleased to announce that the Company has vested a 51% interest in the Sunday Lake Project (the “Project”). The decision to elect to continue investing in this platinum group metal (PGM) property was supported by encouraging drilling results from the PGM Zone, including the best intersection reported to date (41.2 m grading 3.22 g/t Pt, 2.08 g/t Pd and 0.21 g/t Au...

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ACQUISITIONS: Community wants ConCourt to declare R5bn Lonmin deal illegal

  • Date: 21-07-19
  • Category: ACQUISITIONS
  • Source: Business Maverick

Six North West mining communities have launched an application at the Constitutional Court to appeal against a Competition Appeal Court judgment that paved the way for the more than R5-billion merger between Sibanye and Lonmin to be approved. They want both companies to restart merger talks, this time involving Rustenburg mining communities.

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ACQUISITIONS: Rustenburg communities want ConCourt to set aside Sibanye's Lonmin takeover

  • Date: 19-07-19
  • Category: ACQUISITIONS
  • Source: Mining Weekly

JOHANNESBURG – The Greater Lonmin Community (GLC) have approached the Constitutional Court seeking leave to appeal and set aside the acquisition of platinum mining company, Lonmin by Sibanye-Stillwater.

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ACQUISITIONS: Generation Mining closes Marathon PGM property acquisition

  • Date: 11-07-19
  • Category: ACQUISITIONS
  • Source: Globe News Wire

TORONTO, July 11, 2019 (GLOBE NEWSWIRE) -- Further to its press releases dated April 17, 2019, June 14, 2019 and June 25, 2019, Generation Mining Limited (the “Company” or “Gen Mining”) has, through a wholly-owned subsidiary, completed the acquisition (the “Closing”) of a 51% initial interest in the Marathon palladium project (the “Property”) located near Marathon, Ontario, from Stillwater Canada Inc. (“Stillwater”), a wholly owned subsidiary of Sibanye Gold Limited (which trades as Sibanye-Stillwater)....

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