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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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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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PGM PROJECTS: Platreef updated feasibility study yields an after-tax NPV8% of US$3.7 billion

(Kitco News) - Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that the company’s South African subsidiary, Ivanplats, and its partners welcome the outstanding positive findings of an independent Platreef Integrated Development Plan 2020 for the tier one Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa, which consists of an updated feasibility study (FS) and a preliminary economic assessment.

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PGM PROJECTS: Russia-Zimbabwe platinum JV to secure phase 1 funding by end of year

HARARE, Sept 1 (Reuters) - Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) expects to raise up to $500 million in funding it needs for the first phase of its mining project by the end of this year after the coronavirus delayed talks with lenders, its CEO said on Tuesday.

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