Stillwater expands resource, nickel by more than half at Montana project

The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.

Staff Writer | January 26, 2023 | 10:34 am

South Africa’s blackouts threaten platinum supply in top miner

Output curbs could widen a global platinum shortage that Metals Focus forecasts to be the biggest in two decades in 2023.

Bloomberg News | January 26, 2023 | 7:47 am

Asteroid mining startup AstroForge to launch first space missions this year

The first launch, scheduled for April, will test AstroForge’s technique for refining platinum from a sample of asteroid-like material.

Bloomberg News | January 24, 2023 | 8:19 am

Nornickel forecasts output drop in 2023 due to planned maintenance

Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.

Reuters | January 24, 2023 | 7:48 am

Potanin says sanctions constrain Nornickel, force it to adjust strategy

Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.

Reuters | January 23, 2023 | 8:12 am

Canaccord bullish on gold price, Endeavour, Kinross and Probe

Gold price may hit an average of $1,862 this year, up from its record average of $1,802 in 2022, says the investment bank.

Staff Writer | January 20, 2023 | 12:46 pm

Japanese thieves target Prius hybrids for platinum and palladium

Palladium prices spiked shortly after the invasion of Ukraine.

Bloomberg News | January 19, 2023 | 8:26 am

JPMorgan may move into precious metals clearing in Zurich

The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter.

Bloomberg News | January 12, 2023 | 9:51 am

Vale evaluates offers for $2.5 billion base metals unit

Vale Base Metals, to be based in the UK, will have nickel mines in Canada and Indonesia, copper mines in Brazil, and interests in cobalt and platinum group metals.

Cecilia Jamasmie | January 10, 2023 | 6:09 am

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Nornickel board rejects Rusal proposal to replace chairman

Palladium One grabs more critical minerals assets with acquisition of MetalCorp

Sibanye-Stillwater goes after Australia’s New Century Resources

Amplats cuts dividend payout again as South African power outages crimp profit

Finland tightens mining law as demand for minerals surges

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