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.

March 2, 2021

Ontario to fuel Canadian mining’s post-pandemic recovery – report

New junior listings on the TSXV increased by 71% in 2020, while the amount of capital raised increased by 89%," says Global Business Reports.

March 2, 2021

Nornickel can restore water-hit mines, but unclear when – experts

The company suspended operations at its Oktyabrsky and Taimyrsky mines in Siberia after it detected subterranean water flowing into the facilities.

February 25, 2021

Implats half-year profit surges, hikes dividend

The precious metals miner declared an interim dividend of 10 rand ($0.69) per share, compared with 1.25 rand in the year-ago period.

February 25, 2021

Anglo American ended 2020 stronger than expected

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the…