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PGM PROJECTS: ARM board approves R5.7-billion Merensky project at Two Rivers mine

  • Date: 03-03-21
  • Category: PGM PROJECTS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – The board of diversified mining company African Rainbow Minerals (ARM) has approved the Merensky reef project at the Two Rivers platinum group metals (PGMs) mine, ARM CEO Mike Schmidt said on Wednesday after the company reported record financial results.

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PGM PROJECTS: Minnesota court hands victory to PolyMet copper-nickel project

The Minnesota Supreme Court has unanimously ruled in favor of the Clean Air Act permit issued by the Minnesota Pollution Control Agency, overturning an order by the state Court of Appeals that had remanded the permit back to the agency, PolyMet Mining (TSX: POM) (NYSE: PLM) announced Wednesday.

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PGM PROJECTS: Ivanplats arranging project-level financing of up to US$420 million to advance development of the world-scale Platreef Project

  • Date: 17-02-21
  • Category: PGM PROJECTS
  • Source: Ivanhoe Mines

MOKOPANE, SOUTH AFRICA – Ivanhoe Mines’ (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that the company’s South African subsidiary, Ivanplats, has signed a non-binding term sheet with Orion Mine Finance, a leading international provider of production-linked stream financing to base and precious metals mining companies, for a US$300 million gold, palladium and platinum streaming facility.

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PGM PROJECTS: Generation Mining Announces Additional High-Grade Results From Marathon Drilling

  • Date: 05-01-21
  • Category: PGM PROJECTS
  • Source: Globe News Wire

Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce final results from its 12-hole, 5,068-metre exploration drill program focused on the down-dip western extension of the W Horizon portion of the Marathon Palladium Deposit which is currently the subject of a Feasibility Study. The 2020 exploration drilling results will not be incorporated in the Feasibility Study, which is ongoing and should be released during the first quarter of 2021.

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PGM PROJECTS: Environmentalists in Ontario’s Ring of Fire: Inconvenient truths

  • Date: 19-12-20
  • Category: PGM PROJECTS
  • Source: The Sudbury Star

A recent commentary linking Neskantga’s water crisis to the proposed Ring of Fire mining development in northwestern Ontario’s Far North made little sense except to further delay environmental assessments (EAs) for vital road infrastructure and enormous economic opportunities for the region’s impoverished Indigenous people.

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PGM PROJECTS: GDI to earn US$350m annually

Great Dyke Investments’ platinum project in Darwendale is progressing smoothly, with fresh projections indicating that the Zimbabwe-Russia joint venture will earn the country up to US$350 million annually when it starts exporting the Platinum Group Metals (PGMs) in 2023.

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PGM PROJECTS: Sedibelo approves 60Moz platinum expansion, construction of Kell beneficiation plant

  • Date: 11-12-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) producer Sedibelo Platinum Mines Limited has announced the expansion of operations at Pilanesberg Platinum Mines into contiguous deposits of Sedibelo Central, Magazynskraal and Kruidfontein – known as the Triple Crown properties – with an estimated resource base in excess of 60-million four-element (4E) PGM ounces, considered one of the world’s largest undeveloped PGM deposits.

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PGM PROJECTS: Zimbabwe’s Russian-Backed Platinum Venture Sells Stake to Fossil

Great Dyke Investments, a Russian-backed project planning to build Zimbabwe’s biggest platinum mine, has sold a 4.4% stake to Fossil Mines Ltd. as Covid-19 disrupted fundraising for the venture.

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