August 11, 2020

Platinum giant South Africa forced to look into abyss

Gold industry has been dying slowly for years. As covid-19 undercuts the already fragile case for investment, platinum mines may be next.

August 10, 2020

Nornickel co-owner: shareholder agreement is a relic of the past

The agreement gave shareholders additional tools to control Nornickel, including a veto for major stakeholders on certain deals and financial control.

August 9, 2020

Russia on track to become world’s top gold producer by 2029 – report

An analysis by Fitch Solutions states that strong domestic demand for gold will underpin increasing gold production in Russia.

August 7, 2020

Russian Arctic peoples appeal to Elon Musk for Nornickel boycott

Group of indigenous people asked Tesla Inc’s Elon Musk to stop buying supplies from miner until the company compensates them for environmental damage to their ancestral lands.

August 4, 2020

Fire kills worker at Nornickel power plant

A fire broke out briefly due to a short circuit at Norilsk Nickel's power station in the Arctic.

July 30, 2020

Conico to acquire Longland Resources’ Greenland projects

The acquisition gives Conico exposure to a dominant license deemed to be highly prospective for precious and base metals

July 28, 2020

US Mint sets limits on gold, silver coins sales

The US Treasury agency has reduced the supply of gold and silver coins to distributors as the coronavirus pandemic has affected production.

July 27, 2020

Amplats profit drops in H1 2020, sees upswing in H2

Further covid-19 shutdowns, repairs and power outages could impact the company's ability to meet year end guidance of 3.1 to 3.6 million PGM ounces.

July 27, 2020

Ivanhoe in talks over Congo and South Africa projects

Companies are expressing interest in the Western Forelands and Platreef projects.

July 24, 2020

Ivanhoe expedites construction at Platreef mine

Robert Friedland said Platreef is "among this planet’s largest precious metals deposits.”