September 13, 2011

Norilsk Nickel approves buyback of own shares

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…

September 11, 2011

Zim miners forced to build own power

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.

September 9, 2011

Mustang Minerals Corp.: Corporate Update

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...

September 9, 2011

Zimplats says Zimbabwe moves on licence

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…

September 9, 2011

Zambia projects in pictures

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.…

September 9, 2011

Zimbabwe’s New Mine Laws May Prevent Palladium Surplus, Standard Bank Says

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…

September 7, 2011

Impala Fails to Meet Zimbabwe Ownership Laws, Minister Says

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…

September 7, 2011

St-Georges Platinum and Base Metals Ltd.: New Mineralized Zone Expanding to the West at Villebon

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…

September 7, 2011

Zimplats faces prosecution over local ownership

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%…

September 6, 2011

London platinum/palladium 1400 fix – Sept 6

FIX PREV FIX PLATINUM 1866.00 (1877.00) dlrs PALLADIUM 761.00 ( 766.00) dlrs per troy ounce