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World’s biggest platinum miner makes another bold call on prices 

By: Bloomberg     15th January 2021 The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years as the global economy recovers and supply dwindles. That forecast comes as demand for platinum-group metals has already rebounded to pre-pandemic levels, Sibanye Stillwater CEO... 

Eastplats, Implats confirm provisional payment terms on offtake agreement

By: Marleny Arnoldi     15th January 2021 TSX- and JSE-listed Eastern Platinum’s (Eastplats’) subsidiary Barplats Mines has confirmed the provisional payment terms of the first delivered shipment of pressed filter cake platinum group metals (PGM) concentrate under an offtake agreement between Barplats and Impala Platinum (Implats).... 

Jubilee reports record earnings of £28m

By: Marleny Arnoldi     14th January 2021 Aim- and AltX-listed Jubilee Metals’ operational earnings for the second half of last year increased by a record 123% to £28.4-million, compared with the first half of the year. In rand terms, it was a 126% increase to R603-million between the two six-month periods.  

Katoro progresses drilling programme at Haneti

By: Tasneem Bulbulia     12th January 2021 Aim-listed Katoro Gold has recorded progress on the maiden drill programme targeting the discovery of nickel and platinum group metals (PGM) at the Haneti nickel project, in Tanzania. Katoro holds a 65% ownership interest in Haneti with 35% held by Power Metal Resources. 

Spearmint mulls spinout of lithium assets

By: Marleny Arnoldi     8th January 2021 Canadian exploration company Spearmint Resources is considering the transfer of its lithium exploration projects to a new subsidiary, which would be spun out pro rata to the shareholders of Spearmint. The company has advised that a spinout of this sort, if it proceeds, would be subject to several... 

US company planning at least 500 hydrogen fuelling stations in next 3 to 5 years  

By: Martin Creamer     7th January 2021 The creation of a minimum of 500 fuelling stations to provide hydrogen to mainly trucks powered by platinum-catalysed hydrogen fuel cells is planned by a US company in the next three to five years. “We believe that everyone will be within a couple of miles of a hydrogen fuelling station in the... 

Zimbabwe’s Kuvimba seeks $1bn for 2021 acquisitions, capex 

By: Bloomberg     7th January 2021 A mining company majority owned by the Zimbabwe government and whose profits will partly be used to compensate former white commercial farmers for land confiscated two decades ago intends to raise $1-billion for acquisitions and capital expenditure. Kuvimba Mining House, in which the government... 

Panoramic completes Panton sale

By: Esmarie Iannucci     18th December 2020 ASX-listed Panoramic Resources has completed the A$12-million sale of its 80% share in the Panton platinum group metals project, in Western Australia. Under the share sale and purchase agreement with Greater Northern Palladium, which was struck in October this year, an upfront deposit of A$200... 

Legal tug-of-war shutters one of SA's richest chrome mines

By: News24Wire      18th December 2020 A chrome mine in Limpopo, potentially one of the richest in South Africa, has sat idle while a series of arcane court battles ensue between local and Chinese business interests. A development agency tasked with bringing employment to the area has lost its stake in the mine, and some 1 200... 

Pan African appoints juwi South Africa as EPC contractor for R140m Evander solar PV plant 

By: Chanel de Bruyn     15th December 2020 Gold miner Pan African Resources has entered into an engineering, procurement and construction (EPC) agreement with juwi South Africa to build a 9.975 MW solar photovoltaic (PV) plant at its Evander Mines. Construction on the R140-million solar PV plant will start in the first quarter of 2021,... 

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