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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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PGM PROJECTS: Eurasia Mining Secures "Milestone" Monchetundra Flanks Approval

  • Date: 25-08-20
  • Category: PGM PROJECTS
  • Source: Morning Star

(Alliance News) - Eurasia Mining PLC on Tuesday said it has been awarded a licence at the Monchetundra Flanks base metal and platinum group metals asset in Russia.

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PGM PROJECTS: Noront resuming exploration in Ring of Fire

  • Date: 06-08-20
  • Category: PGM PROJECTS
  • Source: Sudbury Star

Noront Resources is reopening one of its mining sites in the Ring of Fire and mobilizing its team to resume exploration activities.

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PGM PROJECTS: Group Ten Metals Reports 7.1 g/t Platinum, Palladium, and Gold in Early Results at Stillwater West, Announces Arrival of Drill

  • Date: 04-08-20
  • Category: PGM PROJECTS
  • Source: Junior Mining Network

Group Ten Metals Inc. is pleased to provide an exploration update from its flagship Stillwater West platinum group element, nickel, copper, cobalt, and gold ("PGE-Ni-Cu-Co + Au") project in Montana, USA, including the start of an Induced Polarization ("IP") geophysical survey, arrival of the drill rig and crew, and assay results from geological mapping programs completed in the past weeks at earlier stage targets.

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PGM PROJECTS: DNR receives mining proposal from Twin Metals Minnesota

  • Date: 30-07-20
  • Category: PGM PROJECTS
  • Source: Ein Press Wire

The Department of Natural Resources has received a project proposal from Twin Metals Minnesota (TMM) for a new mining project in Lake County in northeastern Minnesota. TMM’s proposed project would involve construction of an underground mining operation, processing facility, and dry stack tailings facility. Per the Minnesota Environmental Policy Act, the TMM proposal requires preparation of an environmental impact statement (EIS), with the DNR as the designated responsible governmental unit.

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PGM PROJECTS: Platreef mine development work now focused on equipping recently-completed Shaft 1 for first production

  • Date: 23-07-20
  • Category: PGM PROJECTS
  • Source: Ivanhoe Mines

Ivanhoe Mines’ Co-Chairmen Robert Friedland and Yufeng “Miles” Sun announced today that the company’s South African subsidiary, Ivanplats, has completed construction of the 996-metre-level station at the bottom of the project’s Shaft 1 – well ahead of the contractual schedule. Shaft 1 now is positioned to be equipped as Platreef’s initial production shaft, if Ivanhoe chooses to proceed with phased development to expedite production at the tier-one palladium-platinum-nickel-copper-rhodium-gold project on the Northern Limb of South Africa’s Bushveld Complex.

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PGM PROJECTS: Eastern Platinum Limited Announces an Agreement to Complete a Feasibility Study and Source Funding for the Recovery of PGMs Through a Joint Venture From the Redeposited Tailings

Eastern Platinum Limited announces that its subsidiary, Barplats Mines (Pty) Ltd., has entered into a project framework agreement with Advanced Beneficiation Technologies Proprietary Limited of South Africa , an organization fully compliant as a Black Economic Empowerment Entrepreneur and a member of the Omang Group of companies, to complete an independent feasibility study for the development and construction of a new modular plant with a capacity to process the platinum group metals of the tailings redeposited at a designated area of the Zandfontein Tailings Dam situated at the Crocodile River Mine in South Africa at a rate of between 20,000 and 50,000 tons per month (the final rate is dependent on the optimal outcome of the Feasibility Study).

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PGM PROJECTS: Nornickel & Russian Platinum Ink Partnership for Norilsk Industrial District

Nornickel Russian Platinum World’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper Nornickel announced that Nornickel and Russian Platinum will continue to cooperate in the development of deposits in the Norilsk Industrial District. The companies agreed on an operational partnership to develop the promising Chernogorskoye field.

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