Platinum Industry News Headlines

Anglo American betting on South America to grow base metal assets
Thu, 10 Jan 2019 11:04:04 GMT
By Marta Nogueira RIO DE JANEIRO Reuters - Miner Anglo American Plc (L:AAL) is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters - . ...


Russia: RUSAL to move office to Krasnoyarsk in 6 months
Tue, 25 Dec 2018 00:00:00 GMT
In 2019 Norilsk Nickel expects a moderate nickel price growth. Today nickel and palladium are in shortage, while copper and platinum are close to the balance. In mid-term we expect nickel and palladium prices to be higher. In long-term platinum should also become more expensive. As to the copper we dont expect a sharp


Azerbaijan: aluminum sections exported to Denmark
Fri, 14 Dec 2018 00:00:00 GMT
Russian Platinum won the competition for Jerooy thanks to the best technical and economic proposals, as well as the offer for a license of $100 million (which it paid in June 2015) and the obligation to remove from Kyrgyzstan the court claims for $580 million (the problem was resolved in August of the same year).


Russia: Standard&Poors assigns MMK BBB- rating, Outlook ...
Tue, 11 Dec 2018 00:00:00 GMT
Russian metals giant Norilsk Nickel plans to invest over $12 billion in production development over the next five years, CEO Vladimir Potanin said. We are now implementing quite an unprecedented investment program: we are investing over $12 billion in development of production over the next five years. And what is important for many years we


Russia: SUEK to increase coal output in Zabaikalye region
Thu, 22 Nov 2018 00:00:00 GMT
Russia and South Africa have signed a roadmap for the implementation of joint projects on the market of platinum group metals, as well as agreement on exploration, extraction and processing of mineral resources until 2025. The Minister of Natural Resources and Environment Dmitry Kobylkin signed the documents. Russia and South Africa, possessing rich reserves of


Russia: Gazprom signs deal to buy 41 billion rubles of large-diameter ...
Wed, 21 Nov 2018 00:00:00 GMT
Russias output of unrefined and semi-refined or powder platinum decreased by 15.1% YoY, but rose by 0.6% MoM in October, the Federal State Statistics Service said without disclosing absolute figures. Silver output grew by 13.9% YoY and by 21.8% MoM. In January-October the output of platinum dropped by 3.3% YoY, while of silver rose by


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


Number of news reports: 10