Platinum Industry News Headlines

Russia: Vostoc-1 starts prospecting for gold in Khabarovsk region
Tue, 13 Nov 2018 00:00:00 GMT
Polymetal International plc has sold its 100% share in the platinum project Svetlobor to a group of Russian independent buyers for $5.5 million. The project does not meet our strategy. Still, we retain a considerable project in the platinum sphere Viksha, a large deposit, which will in future be developed, the group chief managing


Russia: Nornickel to hold Bystrinsky GOK IPO
Wed, 24 Oct 2018 00:00:00 GMT
Norilsk Nickel is negotiating with the Chinese partners the choice of the site for Bystrinsky Mining and Processing Works IPO. Our partners see Hong Kong or Shanghai as the site, while we want Moscow or London, Nornickel president Vladimir Potanin said. The issue will be discussed in autumn 2019, when the GOK reaches its desig


Is this takeover target set to beat the Anglo American share ...
Tue, 23 Oct 2018 14:04:04 GMT
At the beginning of 2016, the share price charts of miners Anglo American (LSE: LON:AAL) and Lonmin (LSE: LMI) looked quite similar both were suffering badly from the downturn in...


Russia: Severstal Steel Decisions ships metal structures to Vorkutaugol
Fri, 05 Oct 2018 00:00:00 GMT
Prices of gold and platinum increased, while the silver and palladium prices decreased in Azerbaijan on October 5, according to the data published by the Central Bank. The price of gold grew by 3.74 manats, to 2,037.62 manats per ounce on October 5 compared to the price on October 4. The price of silver dropped


Russia: CherMK enters active phase of BF3 construction
Thu, 04 Oct 2018 00:00:00 GMT
Prices for gold, silver and platinum decreased, while the palladium prices increased in Azerbaijan on October 4, according to the data published by the Central Bank. The price of gold dropped by 16.065 manats, to 2,033.88 manats per ounce on October 4 compared to the price on October 3. The price of silver fell by


Russia: Chuvashia to develop aluminum projects
Tue, 02 Oct 2018 00:00:00 GMT
High quality of platinum-rhodium alloys produced by Yekaterinburg Non-Ferrous Metals Processing Works has been confirmed by foreign specialists. They have analyzed the manufacture and contents of the platinum-rhodium alloys and are sure that the quality and control management system is of such a high level, that the cases of faulty material provision are almost excluded.


Russia: Kinross Gold to commission Moroshka mine in October 2018
Mon, 10 Sep 2018 00:00:00 GMT
The government of Sverdlovsk region has approved the removal of over 300 hectares of forests on the territory of Bilimbayevskoye and Nizhne-Tagilskoye forestries. The former will lose the largest part (254 ha). The sites thus retrieved will be used to extract ore gold and platinum at Kostarevskiy gold-bearing site and Rublevikskaya platinum alluvial site. (Ukrainia


Russia: Energoprom to increase graphitized electrode output
Wed, 15 Aug 2018 00:00:00 GMT
The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement. The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends


Kyrgyzstan: Kumtor Gold Company operating results in Q2 2018
Tue, 14 Aug 2018 00:00:00 GMT
Russian metals giant Norilsk Nickel expects reserves of the Global Palladium Fund to stand at about 200,000 ounces at the end of 2018, CFO Sergei Malyshev said. We have sold the bulk of the palladium fund reserves that we had at the beginning of this year. We had the reserves of 550,000 troy ounces at


Anglo American confirms Quellaveco copper project, first half ...
Thu, 26 Jul 2018 07:04:38 GMT
LONDON Reuters - Anglo American (L:ALL) on Thursday said its board had approved development of its Quellaveco copper project in Peru, a step expected after it announced in June that Japan's...


Number of news reports: 10