October 5, 2011

North American Palladium to expand flagship Ontario mine

Canada's North American Palladium said it plans to expand its flagship mine in Northern Ontario at a cost of around $75 million for the first phase of the project. Phase…

September 29, 2011

Rusal completes $9.33 billion debt refinancing

As expected the proposal by Norilsk Nickel management to buy back some of the stake in it controlled by Oleg Deripaska’s RusAl has been rebuffed. 29.08, 12:39 The world’s largest…

September 28, 2011

Norilsk: May Sell Some Of Its Shares, Says Rusal May Dispute Buyback

MOSCOW -(Dow Jones)- Russian Polar miner OAO Norilsk Nickel (GMKN.RS) Wednesday said it may sell all or part of its treasury shares, representing in total a 9.23% stake in the…

September 27, 2011

Stillwater withdraws offer after ‘dramatic deterioration’ on capital markets

Stillwater Mining Company on Monday became one of the first miners to find funding drying up following the punishment meted out to precious metals recently, when it announced after market…

September 26, 2011

Prophecy Platinum up 5.69% after announcing Wellgreen results

Prophecy Platinum (CVE:NKL) was up 5.69% on Monday trading after announcing drill results at its Wellgreen project, located in Yukon. Prophecy stated […]

September 26, 2011

Street sweepings in London to be processed for platinum

India Express said that Veolia Environment plans to process street sweepings in London to extract platinum group metals. Image from Ponchitos

September 26, 2011

Prophecy drills 120.9 meters grading 1.26 g/t PGM+Au, 0.36% Ni, 0.30% Cu within 457 meters grading 0.47% NiEq at Yukon Wellgreen project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) announces the drill results received from its 2011 drilling Wellgreen PGE-Ni-Cu Project.…

September 23, 2011

Gold premium over platinum seen rising to record: commodities

Gold cost 3.1 percent more than platinum in London yesterday, compared with an average discount of 39 percent over the past decade, data compiled by Bloomberg show. The metal may…

September 20, 2011

Prophecy Platinum clarifies and restates certain disclosure

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) reports that as a result of a review by the British Columbia…

September 17, 2011

South Africa mine union says wage talks with Implats falter

The National Union of Mineworkers (NUM) said on Friday separate wage talks with Exxaro Resources and Impala Platinum had deadlocked but strike action was not imminent.