Consulting analysts in tomorrow’s commodities and technologies

News

PGM PROJECTS: Waterberg JV partners sign amended agreement

  • Date: 03-04-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

Dual-listed Platinum Group Metals (PTM) says the shareholders of Waterberg JV Resources have executed a formal amended purchase and development option agreement with Impala Platinum (Implats).

View full story

PGM PROJECTS: Ivanhoe moves hundreds to mine site

Ivanhoe Mines (TSX: IVN) co-chairs Robert Friedland and Yufeng ‘Miles’ Sun announced that, despite the fact that no covid-19 cases have been discovered at its projects, strict quarantine and lockdown measures have been implemented at Kamoa-Kakula, Platreef and Kipushi.

View full story

PGM PROJECTS: Ivanhoe's Kamoa-Kakula locked down, Platreef suspended

Ivanhoe said Platreef has temporarily suspended its shaft-sinking operations until at least April 16 in compliance with the 21-day, country-wide lock down imposed by the South African Government effective March 26. The project is maintaining a small workforce to conduct care and maintenance activities in order to have the operation ready for when project development resumes.

View full story

PGM PROJECTS: Nornickel announces the withdrawal of Russian Platinum from the Arctic Palladium project

Moscow — PJSC MMC Norilsk Nickel the world’s largest of palladium and high-grade nickel and a major producer of platinum and copper, reports today that Russian Platinum has notified the Company of its decision to terminate the negotiations regarding Arctic Palladium JV and to proceed with the development of the Chernogorskoye Deposit and the southern part of the Norilsk-1 Deposit on its own. This decision owes to UC RUSAL, one of Nornickel’s shareholders, not issuing due corporate approvals to N

View full story

PGM PROJECTS: Implats casts further doubt on $874m Waterberg JV saying it is “treading cautiously”

IMPALA Platinum (Implats) gave its biggest signal yet that it was having second thoughts about investing in the Waterberg Joint Venture, a large palladium resource currently under the development of Platinum Group Metals (PTM).

View full story

PGM PROJECTS: Ivanhoe hails progress at Kamoa-Kakula, Platreef

Ivanhoe Mines (TSX:IVN) said that progress at its Kakula copper project, the first of multiple planned mining areas at Kamoa-Kakula in the Democratic Republic of the Congo (DRC) continues to move forward, with production slated for the third quarter of 2021.

View full story

PGM PROJECTS: In northern Minnesota, neighbors navigate the bitter fight over copper-nickel mining

  • Date: 13-02-20
  • Category: PGM PROJECTS
  • Source: Duluth News Tribune

Two companies — Twin Metals Minnesota and PolyMet — are hoping to establish what would become a new mining industry for the region, tapping into vast deposits of copper, nickel and precious metals underneath the forests and lakes of the northern reaches of the state.

View full story

PGM PROJECTS: Russia considering $1 billion loan to Nornickel for Arctic project: Ifax

MOSCOW (Reuters) - The Russian government is considering spending $1 billion from its sovereign wealth fund on a loan to mining giant Norilsk Nickel for its Arctic Palladium project, the Interfax news agency cited a source as saying on Friday.

View full story