Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.
Palladium Mining News
Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.
Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
Amid the warnings, copper was listed as the top pick after palladium.
Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.
China is the world's biggest car market and produces only a fraction of the platinum and palladium it consumes.
It gives the company access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.
Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions.
Are the dark days for platinum set to last?
Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.
Large scale speculators in platinum futures go shortest ever as Europe industrial policy chief says "diesel cars are finished".
Worldwide there are over 30,000 exploration projects.
Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.
The Bystrinsky project is now expected to produce 25,000-31,000 tonnes of copper and 90,000-110,000 ounces of gold in concentrate in 2018.
Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.
But rally didn't last long.
Palladium's 20 percent fall from its January record high has put the metal in bear market territory.
Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.
Emissions scrubbing in vehicles accounts for over 40% of platinum demand, and landmark ruling will hasten demise of engine technology.
The ownership dispute is part of a long-running battle for control of Nornickel, a $33 billion mining company.
Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.
The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.
Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."