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PGM PROJECTS: New Age Metals Inc. Closes Private Placement for $2-million

  • Date: 03-02-20
  • Category: PGM PROJECTS
  • Source: New Age Metals

February 3, 2020 Rockport, ON, Canada – New Age Metals Inc. (the “Company”) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J) has closed a fully subscribed private placement of 40 million units for aggregate gross proceeds of $2-million managed by IBK Capital Corp. Each Unit consisted of one common share and one common share purchase warrant (“Warrant”), where each Warrant entitles the holder to purchase one additional common share at a price of $0.10 per share for a period of two (2) years from the date of closing.

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PGM PROJECTS: PolyMet will appeal permit ruling to Minnesota Supreme Court for mine in Lake Superior watershed

ST. PAUL, Minn. (AP) — PolyMet Mining Inc. said Thursday it will ask the Minnesota Supreme Court to overturn a ruling that canceled three permits needed for its proposed copper-nickel mine in northeastern Minnesota.

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PGM PROJECTS: Surging palladium and rhodium prices good news for Ivanplats

  • Date: 15-01-20
  • Category: PGM PROJECTS
  • Source: Mining Review

Ivanhoe Mines’ South African subsidiary, Ivanplats, is fast-tracking a feasibility study on a smaller-scale, early-stage development plan using Shaft 1 as a production shaft at its Platreef palladium, platinum, nickel, copper, gold and rhodium mining licence in South Africa.

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PGM PROJECTS: Court Decision on MN Mining Permits Could Set Precedent

  • Date: 15-01-20
  • Category: PGM PROJECTS
  • Source: Public News Service

ST. PAUL, Minn. - The future of a proposed copper-nickel mine for northern Minnesota is uncertain after an appeals court reversed the approval of key permits. One expert says the ruling could have a lasting effect.

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PGM PROJECTS: PTM awaits Waterberg mining right, welcomes higher palladium price

  • Date: 15-01-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

TSX- and NYSE-listed Platinum Group Metals (PTM) achieved several business objectives in 2019, including the approval of a definitive feasibility study (DFS) for its 50%-owned Waterberg palladium project, in South Africa.

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PGM PROJECTS: Platinum Group Metals Ltd. Reports First Quarter Results

  • Date: 14-01-20
  • Category: PGM PROJECTS
  • Source: Platinum Group Metals Ltd

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 14, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2019 and provides a summary of recent events and outlook.

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PGM PROJECTS: BWCA Win: Minnesota Court Rejects Mining Permits

Courts dealt a major victory to environmentalists in the years-long battle over mining near Minnesota’s Boundary Waters Canoe Area Wilderness.

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PGM PROJECTS: Court reverses PolyMet's key DNR permits; calls for contested case hearing

The Minnesota Court of Appeals dealt a blow to the proposed PolyMet copper-nickel mine Monday, overturning three key state permits that had been issued to the project — and requiring the state to conduct a hearing before it works to reissue those permits.

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