Tharisa annual profit more than doubles on strong platinum prices The PGM and chrome producer reported a more than two-fold jump in full-year profit on Thursday. Reuters | December 1, 2021 | 10:41 pm
Clean Air Metals’ PEA rates Thunder Bay North NPV at $303m, IRR at 29.8% Payback from the start of commercial operation would take 2.4 years with the initial capital expenditure estimated at C$367 million. Canadian Mining Journal Staff | December 1, 2021 | 10:00 am
Asteroid “ideal for mining exploration” to enter Earth’s orbit next week An asteroid as big as a football field has been singled out by scientists as an ideal target for a mining exploration mission. Cecilia Jamasmie | December 1, 2021 | 7:12 am
Palladium ETF tops $100m in AUM for the first time Institutional investors and the wealth management allocations bolster Nornickel's Global Palladium Fund AUM. Henry Lazenby | November 30, 2021 | 5:25 am
Nornickel ups investment forecast by $6 billion over next decade The company, whose investments were previously expected to pass their peak in 2026, now expects this to happen in 2028. Reuters | November 29, 2021 | 7:14 am
Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares The platinum group metals miner wants to buy shares it doesn't already own in Royal Bafokeng in a 150 rand cash-and-stock deal. Cecilia Jamasmie | November 29, 2021 | 4:04 am
More than $2 trillion investment needed to meet IEA hydrogen targets 2030 seen as a pivotal year for hydrogen competition. Henry Lazenby | November 26, 2021 | 2:58 am
Platinum market heading for biggest surplus in years, says WPIC Supply from South Africa has increased as inventory that built up during a smelter outage is processed faster than expected. Reuters | November 23, 2021 | 4:51 pm
South African miners plan $3.8 billion of power projects The industry is planning 3,900 megawatts of solar, wind and battery energy projects. Bloomberg News | November 23, 2021 | 6:36 am