October 2, 2024

Costco adds platinum bars to precious metals offering

The new offering comes at a time when platinum is struggling to match the performance of gold.

October 1, 2024

Teck options Canterra project in Ring of Fire

Canterra calls this area of the James Bay Lowlands ‘largely unexplored’ due to limited bedrock exposure.

September 23, 2024

Canada to invest $42 million in Yukon, Northern British Columbia mining infrastructure

The C$60 million in funding will be divided between two key infrastructure projects for critical minerals mining,

September 19, 2024

CHART: Global mining and metals – a quick reality check

Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry.  

September 17, 2024

Magna Mining PEA update hikes return five-fold for Crean Hill nickel project

The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million.

September 12, 2024

Sibanye to slash output to turn around US palladium mines

The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast.

September 12, 2024

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.

September 11, 2024

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned power company to implement rolling blackouts.

September 11, 2024

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of Amplats was launched on Tuesday.

September 10, 2024

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total issued ordinary shares.