March 17, 2021

High-flying platinum stocks set to extend Johannesburg gains

The blistering pace of gains that has pushed South African platinum stocks to the highest in more than 12 years looks likely to be sustained.

March 16, 2021

Nornickel downgrades output forecast by 15-20% after mine restarts delayed

Operations at the Oktyabrsky and Taimyrsky mines are unlikely to restart fully for another 3-4 months.

March 11, 2021

Russian metal, fertiliser, other firms should invest more at home – Putin

Putin asked Russia's tax service to provide a detailed report to him each quarter about the profits of Russia's largest companies and whether they are being invested in projects inside…

March 10, 2021

Canadian Palladium drills East Bull strike to 2.5 km near Sudbury

The company recently released assays from five recent drill holes between the Valhalla and Garden zones.

March 10, 2021

More platinum deficits to come after record undersupply in 2020 – WPIC

By disrupting mining activity, the coronavirus pandemic affected platinum supply much more than demand, pushing the roughly 8-million ounce market into a deficit of 932,000 ounces last year.

March 9, 2021

Nornickel to take another week to halt water inflow at Siberia mines

Nornickel could loose 4-5% of its 2021 output if the two mines are suspended for one month.

March 8, 2021

Sibanye calls for mega-merger with AngloGold, Gold Fields

The move would create a South African rival to the world’s largest producers, Newmont and Barrick Gold.

March 5, 2021

Bank of America, Morgan Stanley win dismissal of metals spoofing litigation

US District Judge said the 2019 lawsuit over alleged spoofing in gold, silver, platinum and palladium futures from 2007 to 2014 was filed long after the two-year federal statute of…

March 4, 2021

Generation Mining feasibility defines 13-year open pit mine

The surface mine would generate a total of 588,000 palladium oz and 122 million lb of copper.

March 3, 2021

Nornickel warns on output as two mines remain partly suspended

Oktyabrsky and Taimyrsky mines in Siberia account for 36% of Nornickel's ore mined in Russia.