Canadian Mining Journal

Platinum Group Metals

  • News

    North American Palladium posts $8M profit in turnaround quarter

    September 12, 2017 by Canadian Mining Journal

    VANCOUVER — North American Palladium (TSX: PDL; US-OTC: PALDF) has marked its first profitable quarter since mid-2015, thanks to surging palladium prices and increased production at its Lac des Iles underground palladium mine near Thunder Bay, Ont. The company recorded a $7.9

  • RING OF FIRE: Province to fund road proposals led by First Nations

    August 21, 2017 by Canadian Mining Journal

    TORONTO – Ontario Premier Kathleen Wynn and the chiefs of Marten Falls, Webequie and Nibiminik First Nations jointly announced that the province will commit to funding two First Nations road proposals that will provide necessary infrastructure for mining development in

  • News

    PALLADIUM: NAP returns to profitability in Q2

    August 2, 2017 by Canadian Mining Journal

    TORONTO – This year’s second quarter marked the return to profitability for North American Palladium (NAP) since financial restructuring in mid-2015. Net income was C$7.9 million due to higher metal production (up 41%) and improved prices (up 43%) compared to

  • News

    PGMs: Ivanhoe publishes Platreef feasibility study

    July 31, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Ivanhoe Mines has released the definitive feasibility study for phase one of its Platreef platinum group-nickel-copper-gold project 280 km northeast of Johannesburg. The first phase of the project will produce 476,000 oz. of platinum group metals and

  • News

    GOLD: MacDonald notes positive met results from Wawa-Holdsworth

    July 11, 2017 by Canadian Mining Journal

    ONTARIO – Preliminary metallurgical results are positive on samples from the Wawa-Holdsworth gold-bearing oxide sands, according to MacDonald Mines Exploration of Toronto. The tests were conducted by SGS Mineral Services in Lakefield, Ont. MacDonald says the sands are amenable to

  • News

    PALLADIUM: NAPalladium to boost production at Lac des Iles mine

    June 7, 2017 by Canadian Mining Journal

    ONTARIO – Toronto’s North American Palladium has announced plans to boost production by resuming surface mining at the Lac des Iles palladium mine over the next 9.5 years. The recent feasibility study anticipates a mining rate of 37.7 million tonnes

  • PLATINUM: Maseve mine ramps up with bought deal by Platinum Group Metals

    April 26, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Platinum Group Metals of Vancouver has closed a US$20-million bought deal financing. The company issued approximately 15.4 million common shares at a price of US$1.30 per share. BMO Capital Markets was the sole underwriter. Platinum Group began

  • News

    PLATINUM GROUP: Ivanhoe seeks additional financing for Platreef

    April 25, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Ivanhoe Mines of Vancouver has selected three mine financing institutions as lead arrangers to attract financing for the ongoing development of the Platreef platinum group metals-nickel-copper-gold project in Limpopo. Export Development Bank, Nedbank Limited and Societe Generale

  • News

    GOLD: Reliant continues work at East Bay

    February 28, 2017 by Canadian Mining Journal

    ONTARIO – Reliant Gold Corp. of Toronto has enough working capital to keep it busy for the next 24 months at its flagship East Bay gold property in the McVicar Lake area, 90 km west of Pickle Lake. East Bay

  • Feature

    Noront’s road to the Ring of Fire

    February 1, 2017 by Marilyn Scales

    Spirits were high in March 2015 when the Ontario government announced at the PDAC it was moving forward with an all-weather road into the Ring of Fire. Here we are almost two years later, and what do we have for

  • PGMs: Platinum Group raises $28M+ for Maseve underground development

    January 31, 2017 by Canadian Mining Journal

    SOUTH AFRICA – Vancouver-based Platinum Group Metals has raised US$28.75 million through a public offering of shares, including the fully exercised overallotment. The mine has begun production from one of the last large, near surface sections of the Merensky Reef

  • News

    PGM: Transition discovers new PGM intrusion near Thunder Bay

    January 23, 2017 by Canadian Mining Journal

    ONTARIO – Transition Metals Corp. of Sudbury, ON, reports that it has discovered a new platinum group metals-enriched intrusion within the Midcontinent Rift at the company’s Saturday Night property. The project is 25 km north of Thunder Bay. The Saturday