It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration companies that had negative working capital and therefore did not meet the Continuous Listing Requirements (CLR) for the TSX and TSX-V stock exchanges).
Platinum Mining News
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Full voting results will be released on Friday.
Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.
Deltion Innovations aims to design a drill that would prospect for water, ice and resources on the moon and beyond.
If you don’t mind frost and cost.
New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.
Fresh research shows a new role for bacteria in cycling platinum group metals in soils and sediments, offering a better understanding of how to search for them.
The world economy is complex, but today’s series of maps will allow you to simplify your understanding of the relative wealth of people around the globe.
Thom discusses a few of his favorite picks, including a new gold producer in Mexico, Canarc Resources.
Wellgreen Platinum announces $10 million equity investment by Electrum Strategic Opportunities Fund L.P.
Electrum Strategic Opportunities Fund, a special purpose acquisition company headed by Thomas Kaplan, has invested $10 million of equity in Wellgreen Platinum, a Canadian mining exploration and development company.
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst the industry’s key players.
The Ontario Geological Survey is celebrating 125 years of documenting the geology of Ontario and providing modern, independent and credible geoscience data and knowledge to the public.
The deal also proposes facilitating the sale of struggling mines.
Mining supply returns to pre-strike level but recycling falls.
The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.
The three workers were trapped on Friday morning, when the lamp room where they were on duty collapsed into an 80-metre hole.
Trapped miners were brought to the surface through ventilation shafts.
The move comes only three months after U.S. President Barack Obama signed a space exploitation law.
FTSE 100 reweighting to take place in March.
The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.