Potanin owns a 34.6% stake in Nornickel, which plans to buy up to 3.4% of its shares for $2-billion.

Anglo American has become the first mining company to subscribe to the IUCN’s eBioAtlas.

The metal used in catalytic converters hit an all-time high of more than $3,018 an ounce in May and is still more than $900 more expensive than gold.

The underground mine is currently running at 40% of its capacity and is on track to return to full capacity by the end of June.

Russian banks VTB and VEB will provide Russian Platinum with financing for the development of the Chernogorskoye platinum group metals deposit.

It plans to invest C$25 million in studies that will look at the potential to create a local battery metals supply chain in the province.

Sibanye reported a 78% increase in first-quarter core profit last month, on the back of higher prices for metals, including gold, platinum, palladium and rhodium.

Todal Mining's concessions could be seized because no progress has been made in developing them.