Canadian Mining Journal

Platinum Group Metals

  • News

    PALLADIUM: Ivanhoe accelerates feasibility study for Platreef project

    January 15, 2020 by MINING.COM Staff

    SOUTH AFRICA – Ivanhoe Mines’ co-chairmen Robert Friedland and Yufeng “Miles” Sun announced that the company’s 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

  • News

    Outlook: CPM Group’s Jeffrey Christian reflects on 2019 and forecasts what’s ahead in 2020

    December 9, 2019 by Trish Saywell

    Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off the Commodities Research Group from Goldman Sachs & Co., and

  • News

    Norilsk Nickel growth strategy risks dividend cut

    November 28, 2019 by Brenda Bouw

    Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road. The Russian metals

  • News

    POWER: Ballard to supply fuel cells for Anglo’s trucks

    November 18, 2019 by Canadian Mining Journal

    VANCOUVER – Canadian company Ballard Power Systems has received a purchase order for fuel cell modules from Anglo American. The miner has ordered nine FCveloCity-HD 100-kW modules. Ballard says eight of the modules will power a retrofitted ultra-heavy duty haul

  • News

    NICKEL-COPPER-PMG: Wallbridge to work Lonmin’s Denison property

    October 29, 2019 by Canadian Mining Journal

    ONTARIO – 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

  • Rhodium punches above its weight with strong prices

    October 10, 2019 by Denise Heckbert

    Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production. But while global auto sales declined in late 2018 and the first eight months of this year, rhodium

  • News

    North American Palladium acquires 51% of Sunday Lake PGM project

    October 8, 2019 by Steve Stakiw

    On the back of record quarterly revenues from its wholly owned Lac des Iles mine, 106 km northwest of Thunder Bay, Ont., pure play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) recently added to its regional presence by acquiring 51%

  • PALLADIUM: Implats to acquire North American Palladium

    October 7, 2019 by Canadian Mining Journal

    TORONTO – Brookfield Business Partners L.P. is getting out of the palladium mining business. The firm has decided to sell its 81% interest in North American Palladium to Impala Platinum Holdings of Johannesburg, South Africa. Implats has agreed to pay

  • News

    PALLADIUM: Generation Mining expands resource at Marathon deposit

    September 9, 2019 by Canadian Mining Journal

    ONTARIO – Generation Mining of Toronto has completed a new resource estimate showing a 20% increase in contained palladium equivalent – 7.13 million oz. – for the Marathon copper-palladium deposit 10 km north of the town of Marathon. The estimate

  • News

    PLATINUM: Amplats, Platinum Group Metals launch battery tech JV

    July 16, 2019 by MINING.COM Staff

    JOHANNESBURG and VANCOUVER – South African platinum miner Anglo American Platinum (Amplats) announced Monday that it has launched a joint venture with Canada’s Platinum Group Metals to accelerate the development of next generation battery technology using platinum and palladium. The joint venture,

  • News

    Generation Mining options Sibanye-Stillwater’s Marathon project in Ontario

    July 11, 2019 by Trish Saywell

    Financier Jamie Levy and mine builder Kerry Knoll have been busy since selling Pine Point Mining and its zinc project in the Northwest Territories last year to Osisko Metals (TSXV: OM) for $35 million. Through their company Generation Mining (CSE: GENM), the pair have

  • News

    PALLADIUM: NAP enjoys positive near surface results at Lac des Iles mine

    July 9, 2019 by Canadian Mining Journal

    ONTARIO – Toronto’s North American Palladium is enjoying continued success from the near surface exploration targets at its Lac des Iles palladium mine 85 km northwest of Thunder Bay. So far this year, the company has drilled 34 holes totaling