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PGM PROJECTS: Making the case for a Marathon palladium mine

  • Date: 07-04-20
  • Category: PGM PROJECTS
  • Source: Northern Ontario Business

A final economic study will soon begin on the cost to build and operate an open-pit palladium mine and processing near the North shore of Lake Superior.

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PGM PROJECTS: Tharisa: Developing a future in Zimbabwe

  • Date: 04-04-20
  • Category: PGM PROJECTS
  • Source: Mining Review

In a bid to diversify its asset base and revenue stream from its PGM and chrome asset in South Africa, JSE-listed Tharisa has done so by acquiring low-risk entry options in two projects – Salene Chrome and Karo Platinum – both of which are located the within the mineral-rich Great Dyke in Zimbabwe.

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PGM PROJECTS: Platinum Group Metals Ltd. Reports Impala's Waterberg Amended Purchase and Development Option Agreement Completed; Work Program in Progress

  • Date: 03-04-20
  • Category: PGM PROJECTS
  • Source: Platinum Group Metals

In consideration for the amendment, announced February 27, 2020, Implats is funding 100% of a new implementation budget and work program (the "Work Program") effective February 1, 2020. The Work Program, as approved by Waterberg JV Co., is aimed at increasing confidence in specific areas of the Waterberg DFS while awaiting the expected grant of a Mining Right and Environmental Authorization and is estimated to cost approximately Rand 55 million.

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PGM PROJECTS: Wesizwe Platinum delay in provision of results for the year ended 31 December 2019

Shareholders are hereby advised that, as a result of the lockdown announced by the President on 20 March 2020, the publication of the Company’s financial results for the year ended 31 December 2019 will be delayed. The lockdown required the Bakubung Platinum Mine to be put in to care and maintenance for 21 days.

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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).

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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.

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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.

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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

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