Russian businessman Potanin says he may raise stake in Nornickel

Local exploration and development junior, Generation Mining, will earn a 51% in the Marathon project, in northern Ontario.

If you'd put your money in palladium at the start of the year you're enjoying gains of 32% – gold's only now broken double digits.

The Indigenous group will become a shareholder in Noront.

The new discovery could add 25,000 metres of underground exploration drilling and 75,000 metres of definition drilling at Lac des Iles this year.

The company also expects to halve the amount of job cuts previously announced in the gold division to around 3,000.

A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.

Higher prices for a basket of Lonmin's metals and a weaker South African rand helped the London-listed miner to an annual pre-tax profit in 2018, its first since 2013.

Specialist materials firm Johnson Matthey forecast a 127,000-ounce platinum shortfall this year, after surpluses of 372,000 and 44,000 ounces in 2018 and 2017 respectively.

As a result of the survey, 235 hectares in 11 new claims were added to the northern portion of the Saturday Night project.