Russia should get firms to pay environmental fines from profits, says PMRussian companies normally pay a 20% profit tax, of which 3% goes to the federal budget and 17% to regional ones.Reuters | May 12, 2021 | 7:48 am
Mystery of sanctioned tycoon’s assets in Zimbabwe revival planIn December, the government announced a multibillion-dollar project that would…Bloomberg News | May 11, 2021 | 8:30 am
Sibanye-Stillwater’s first-quarter core profit jumps 78%High prices for metals extracted by Sibanye, including gold, platinum,…Reuters | May 6, 2021 | 7:44 am
Antofagasta seeks green light for Minnesota mine near wilderness The miner kicked off the environmental permitting process for its $1.7 billion Twin Metals copper, nickel and platinum mining project in the US. Reuters | December 18, 2019 | 12:11 pm
Zimbabwe faces mining asset seizure over canceled joint ventures News comes at a difficult time for Zimbabwe, with its economy forecast to contract 6.5% this year because of crippling foreign-currency, fuel, wheat and power shortages. Bloomberg News | December 18, 2019 | 4:45 am
Platinum Group Metals shares rise on upsized private placement The company intends to use the proceeds for the Waterberg joint venture project. Jackson Chen | December 13, 2019 | 11:22 am
Palladium barrels toward $2,000 as red-hot rally continues Palladium set its sights on a record $2,000 an ounce, with the metal’s blistering rally showing no sign yet of cooling off. Bloomberg News | December 13, 2019 | 9:43 am
Palladium is now more expensive than gold has ever been Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold. Bloomberg News | December 12, 2019 | 9:38 am
Poor market conditions derail Triple Flag IPO Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million. Trish Saywell – The Northern Miner | December 11, 2019 | 9:50 am
Implats to close North American Palladium takeover this week The C$758 million transaction, which was first announced in October, remains on track to close on December 13. Jackson Chen | December 10, 2019 | 11:58 am
Palladium tops $1,900 as South Africa power cuts fuel supply woe Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.” Bloomberg News | December 10, 2019 | 9:24 am
South African mines grind to halt as floods worsen power crisis Sector is experiencing the largest power blackouts in more than a decade. Reuters | December 10, 2019 | 4:37 am