Prophecy Platinum (CVE:NKL) was up 5.69% on Monday trading after announcing drill results at its Wellgreen project, located in Yukon. Prophecy stated that borehole WS11-188 encountered 457 meters of mineralization grading 0.47% NiEq (including 0.72 […]
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India Express said that Veolia Environment plans to process street sweepings in London to extract platinum group metals. Image from Ponchitos
Prophecy drills 120.9 meters grading 1.26 g/t PGM+Au, 0.36% Ni, 0.30% Cu within 457 meters grading 0.47% NiEq at Yukon Wellgreen project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) announces the drill results received from its 2011 drilling Wellgreen PGE-Ni-Cu Project. Borehole WS11-188 encountered 457 meters of mineralization grading 0.47% NiEq (including 0.72 g/t Pt+Pd+Au) from surface to the footwall contact. Within this larger swath of mineralization, the hole encountered a high grade section of 17.8 meters of 3.14 g/t Pt+Pd+Au, 1.03% Ni, 0.74% Cu (1.77% NiEq). VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) announces the drill results received from its 2011 drilling Wellgree...
Gold cost 3.1 percent more than platinum in London yesterday, compared with an average discount of 39 percent over the past decade, data compiled by Bloomberg show. The metal may reach a premium of 26 percent in the third quarter of 2012, according to
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) reports that as a result of a review by the British Columbia Securities Commission (BCSC), it is issuing the following news release to clarify, retract, restate and update certain of its previously issued technical reports, investor relations presentations and disclosures on its website www.prophecyplat.com.
The board of Norilsk Nickel , the world's largest nickel and palladium producer, approved on Tuesday a public buyback of its shares at $306 per ordinary share and $30.6 per ADR.
A handful of diamond mining companies affected by crippling power cuts in Zimbabwe have been forced to set up their own dedicated R36m power line, a newspaper reported Sunday.
TORONTO, ONTARIO--(Marketwire - Sept. 9, 2011) - Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) ("Mustang") today released a corporate, exploration and project development update. The Company is progressing with a feasibility stud...
The Zimbabwean unit of Impala Platinum , the world's second-largest producer of the precious metal, said the government had taken steps to revoke its operating licence and it remained in talks with authorities. The government has been trying to get
Zambia is famous for its significant reserves of copper and cobalt, located in the Zambian Copperbelt province, however, the country is also a miner and producer of selenium and silver. Gold, platinum, and palladium are also produced as a by-product of
Email Print Copying Post by Krista Smith, Palladium Researcher Bloomberg reported if Zimbabwe withdraws Zimplats (ASX:ZIM,PINK:ZMPLF) mining license it will prevent a global surplus of platinum and palladium. The market news is quoted as saying,
Sept. 7 (Bloomberg) -- Impala Platinum Holdings Ltd.’s Zimbabwean unit, known as Zimplats, has failed to meet new laws on asset ownership and may have its mining license revoked, according to Indigenization Minister Saviour Kasukuwere. “We will be
St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(BERLIN:85G) is pleased to provide updates on the second phase of its drilling program carried out on the Villebon property located 45 km southeast of Val d'Or in the Abitibi Greenstone Belt of Quebec.
Zimbabwe's empowerment minister Saviour Kasukuwere says that the local unit of Impala Platinum will be prosecuted for failing to reach terms with the country over the mandated transfer of 51% of its shares to locals. Zimbabwe will prosecute the local
FIX PREV FIX PLATINUM 1866.00 (1877.00) dlrs PALLADIUM 761.00 ( 766.00) dlrs per troy ounce
LONDON -(Dow Jones)- HSBC has cut its 2011 platinum and palladium price forecasts but upped its outlook for the period from 2012 to 2018, citing expectations that the market will move from a modest surplus into deficit. The bank said Friday it had cut
South Africa's mining sector could be forced to take part in beneficiation activities, the Department of Mineral Resources (DMR) has indicated. Mining licences could be granted with conditions attached to ensure a supply of raw materials for local industries to further refine minerals. Mineral resources chief director Siyabonga Ndabezitha said the previous way of doing things was no longer an option, Business Live reports.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Further to the press release dated July 27, 2011, Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) ("Nortec" or the "Company"), is pleased to announce that it has signed an Option and Joint Venture Agreement ("OA") with Otterburn Ventures Inc. (CSNX:OTB) ("Otterburn"). The OA gives Otterburn the option to earn up to an 80% interest in Nortec's Läntinen Koillismaa project, a 100 % owned palladium-platinum–gold–copper-nickel property ("LK Project"), located in north central Finland.
According to a new report by GIA the global market for heavy-duty diesel (HDD) catalysts is forecast to reach $2.6 billion by the year 2017, spurred by rigorous emission control regulations for heavy-duty on-road and off-road vehicles across the world. Catalysts with a high palladium content are fast replacing platinum catalysts in gasoline exhaust systems, while demand for platinum increased due to its increasing usage in catalysts for diesel exhaust systems.
JOHANNESBURG � Zimbabwe's controversial drive to force foreign-owned firms to sell controlling stake to local blacks will derail efforts to woo investors badly needed to help rebuild the country's economy, according to Impala Platinum chief executive
The board of Russian miner OAO Norilsk Nickel on Wednesday approved the offer to buy a part of United Co. Rusal PLC's stake in the company for about $8.75 billion. Norilsk, the world largest nickel and palladium producer.
The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.
JOHANNESBURG (miningweekly.com) Wage negotiations between the National Union of Mineworkers (NUM) and the world's second-largest platinum miner Impala Platinum (Implats) broke down on Friday. NUM spokesperson Lesiba Seshoka told Mining Weekly Online that
JSE-listed Wesizwe Platinum’s Frischgewaagd-Ledig platinum-group metals (PGMs) project, in the Western Bushveld Complex, is moving forward with the next step – the start of civil works.
Bloomberg reports the proposed expansion by South Africa's Royal Bafokeng Platinum follows an increase in demand for platinum which has gained 19% in the past 12 months to $1,818/oz. Steve Phiri, RB Platinum CEO said demand is likely to exceed supply in the next three years, while a shortage of palladium, typically mined along with platinum, may rise to 1 million ounces in 2014. South Africa produces more than three-quarters of global supply.