July 21, 2011

Russia’s mining sector reverses output declines

According to a new report by Business Monitor International Russia's mining sector is set to grow slowly over the forecast period to 2015, marking a reversal of the declining output…

July 19, 2011

PGMs, nickel explorer ends dispute with Constance Lake First Nation

Thunder Bay-based Zenyatta Ventures has ended its dispute with Constance Lake First Nation after the leadership of the 1,470-strong community decided to no longer pursue a motion of injunction against…

July 16, 2011

Palladium set to regain title of most precious metal of all

In 2001 palladium reached $1,080/oz when gold was only $300/oz and platinum $715/oz. Three factors will help fuel palladium to surpass its 2001 high and well beyond says Market Oracle:…

July 15, 2011

Norilsk restarts Australia nickel mine mothballed during recession

Norilsk Nickel, world number one nickel and palladium producer and Russia's biggest miner, announced on Friday it is restarting operations at its Maggie Hays mine near Lake Johnston in West…

July 15, 2011

North American Palladium draws bullish bets

Shares in the platinum and precious metals mining company rose as much as 6.4% at the start of the session to an intraday high of $4.98 before the broad market…

July 11, 2011

Stillwater Mining plans US$487.1 million acquisition of Peregrine Metals

Stillwater Mining, the only platinum and palladium producer in the U.S., announced on Monday that it will acquire Peregrine Metals for US$487.1 million. Peregrine Metals is a publicly-traded exploration and…

July 11, 2011

EQS – Eqstra Holdings Limited – Update: Disruptions at Pilanesburg Platinum Mine

EQS EQS Eqstra Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1998/011672/06) ISIN: ZAE000117123 Share code: EQS UPDATE: DISRUPTIONS AT PILANESBURG PLATINUM MINE On 24 June 2011,…

July 11, 2011

Operations resume at Platmin mine, says contractor MCC

JSE-listed Eqstra Holdings, which owns mining contractor MCC Holdings, said on Monday that operations have resumed at Platmin’s Pilanesberg platinum group-metals mine in South Africa, following illegal industrial action

July 11, 2011

Anglo Platinum sees six month earnings rising slightly

The world's top platinum producer said Monday that higher prices and sales of the metal were expected to boost headline earnings per share for the six months to June Anglo…

July 11, 2011

Medium term platinum outlook – volatility and decline!

World No. 2 platinum miner CEO, David Brown, expects a slowdown in platinum demand increase in the months ahead while CPM also suggests prices may drift. JOHANNESBURG (Sunday Times) -…