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PGM PRODUCERS: Wallbridge to work Lonmin’s Denison property

Lonmin Canada (Loncan), a subsidiary of Sibanye-Stillwater, has appointed Toronto’s Wallbridge Mining Co. to be the operator of the advanced stage Denison nickel-copper-PGM property near Sudbury. Wallbridge has received a 20% ownership share of Loncan and a seat on the Loncan board of directors as part of the arrangement.

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COBALT: Cobalt market to avoid shortage despite Congo mine closure: Nornickel

  • Date: 29-10-19
  • Category: COBALT
  • Source: Reuters

MOSCOW (Reuters) - Cobalt supply will remain robust despite a price slide that has already led to the closure of a major mine, Russia’s Norilsk Nickel said, as most is produced as a byproduct of more buoyant metals like nickel and copper.

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PGM PROJECTS: Noront raising $2.5 million for Ring of Fire

  • Date: 29-10-19
  • Category: PGM PROJECTS
  • Source: Resource World

Noront Resources Ltd. [NOT-TSXV] said Monday it has arranged a $2.5 million non-brokered private placement. It said proceeds with be used for exploration and development of the company’s Eagle’s Nest Project and chromite deposits in the Ring of Fire mineral district in northern Ontario

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ACQUISITIONS: Northam buys Maroelabult mine in bid to create synergies

  • Date: 29-10-19
  • Category: ACQUISITIONS
  • Source: Business Live

Northam Platinum will spend R20m to buy the mothballed Maroelabult mine to “considerably accelerate” bringing its Eland operation into production, CEO Paul Dunne says.

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PGM PROJECTS: Darwendale platinum project set for next year

Construction work on Great Dyke Investments (GDI)’s Darwendale platinum development project will start in the second quarter of 2020, a senior official with one of the major shareholders, Russia’s Vi Holdings, has said. Vi Holdings, through its JSC Afromet subsidiary, owns half the shares in GDI, while Zimbabwe’s Landela Mining Venture (Pvt) Ltd owns the rest.

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SOUTH AFRICA: Water restrictions hit PGM belt

JOHANNESBURG - South Africa's platinum producers have been asked to reduce water usage, following restrictions that were implemented by the Rustenburg Municipality in the North West this month.

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ELECTRIC VEHICLES: Boosting EV growth in India: Missing pieces in the policy puzzle

A series of government policies in India have signaled a certain readiness to press forward with the vehicle-electrification agenda. But when shareholders of one of the most prominent electric vehicle (EV) manufacturers in the country, Mahindra & Mahindra, are not even aware of the company’s EV products, progress appears uneven, at best.

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BATTERY RECYCLING: American Manganese receives initial lithium-ion battery recycling test results

The test results produced high-quality nickel-cobalt hydroxide from our initial tests of tier-one NCA cathode scrap.

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