GOLD: Will the bounce be significant?
The price of gold is in a larger downtrend and correction but rebounds after a Fed meeting, leading many to
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Precious Metals
Total platinum demand in 2021 is expected to contract by 5%
The global economy continues to recover despite COVID-19 flare-ups, with the IMF projecting a growth rate of 5.9% in 2021.
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St Barbara to acquire Bardoc Gold for $111.7 million
St Barbara said today it is acquiring Bardoc Gold for A$157 million (US$111.7 million). Bardoc shareholders will receive 0.3604 new
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SSR Mining commissions sulphide gold plant flotation circuit
SSR Mining has announced the commencement of commissioning and ramp-up activities at Çöpler’s sulphide gold plant flotation circuit in Turkey
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Anglo American Platinum sells its interest in Bokoni Mine
Anglo American Platinum announces that Bokoni Platinum Holdings has entered into a Sales and Purchase Agreement to dispose of its
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Anglo American Platinum releases its outlooks for 2022 and 2023 – 2024
Anglo American Platinum says that due to the strong refined production performance in 2021, resulting in the majority of the
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Pan African to acquire Blyvoor Gold surface tailings resources
Pan African has entered into a conditional agreement to acquire the entire issued share capital of Blyvoor Gold Operations from
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Sibanye-Stillwater updates operating guidance due to safety interventions
Johannesburg – Sibanye-Stillwater wishes to advise that it has revised operational guidance for the 2021 year, primarily due to various
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Eastern Platinum continues PGM production ramp-up
Vancouver, British Columbia – Eastern Platinum (Eastplats) continues to optimize the respective small-scale platinum group metals circuit and PGM main
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Anglo American Platinum refined PGM guidance up to 5.1moz for 2021
Anglo American Platinum says that metal-in-concentrate (M&C) production is likely to be within guidance at c.4.3 million PGM ounces for
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Anglo American Platinum approves the Mototolo/Der Brochen project
Anglo American Platinum Board has approved the Mototolo / Der Brochen life extension project. The development of the project leverages
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Northam concludes a ten-year offtake agreement with Ivanplats
Northam has announced that it has concluded a ten-year purchase of platinum group metal (PGM) concentrate agreement with Ivanplats, a
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Implats acquires further shares in Royal Bafokeng Platinum
Implats refers to the announcement of 29 November 2021 of Implats’ firm intention to make a general offer (Offer) to
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RBP: Royals are being sliced between two platinum majors
Northam Platinum has just announced that following unsolicited offers unilaterally extended by shareholders in RBPlat of all or some of
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Barrick acquires highly prospective gold licences in Tanzania
Dar es Salaam, Tanzania – Twiga Minerals Corporation, a joint venture between Barrick Gold Corporation and the Government of Tanzania,
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Platinum: Strong Q3 2021 refined production
Total mining supply in Q3 was significantly above typical levels and historic averages due mainly to limited mining operational disruptions
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Barrick and NOVAGOLD agree on next steps to advance Donlin Gold
Anchorage, Alaska – Donlin Gold, owned 50/50 by Barrick Gold Corporation and NOVAGOLD, is reporting progress made during the executive
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Tharisa more than double profitable on strong platinum prices
Chrome and platinum miner Tharisa reported a more than two-fold jump in annual profit, driven by strong production and improved
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Impala Platinum waives two conditions for RBP, gets better deal
A condition precedent is a specific milestone, approval or other event that must take place before a transaction can go
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Platinum markets head for surplus in 2022, while palladium in deficit
MOSCOW – Nornickel, the world’s largest producer of palladium and high-grade nickel, today presented the eighth review of the nickel
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Platinum markets to surplus in 2022, while palladium in deficit
MOSCOW – Nornickel, the world’s largest producer of palladium and high-grade nickel, today presented the eighth review of the nickel
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Hochschild Mining to acquire Amarillo Gold for $164.5 million
Hochschild Mining is busy being acquiring Brazil-focused Amarillo Gold for $164.5 million. The companies announced the transaction yesterday. Hochschild is
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Implats to acquire all of the Royal Bafokeng Platinum
Implats has, on 26 November 2021, communicated to the independent board of directors of Royal Bafokeng Platinum Limited (RBPlat), Implats’
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Northam Platinum completes its acquisition of RBP
Northam Platinum has completed its acquisition of 32.8% of the shares in Royal Bafokeng Platinum. The shares were bought from
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Jubilee processing plant uses wide range of PGM feed and tailings
Jubilee Metals Group ’s PGM operations consist of the Inyoni and Windsor JV PGM operations. Historically, Jubilee’s Inyoni Operations were
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AngloGold Ashanti updates on capital projects
AngloGold Ashanti says Phase 2 of the Obuasi redevelopment project was substantially complete at the end of June 2021. Following
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AngloGold Ashanti Australia produces 125,000oz gold
The AngloGold Ashanti’s Australia operations produced 125,000oz at a total cash cost of $1,157/oz for the quarter ended 30 September
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Harmony impacted by Covid-19 staffing issues in its PNG gold mines
At Harmony Gold Mining Company’s Papua New Guinea operations (PNG), Hidden Valley continues to be impacted by Covid-19 related staffing
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Developments in Canada emphasise its commitment to platinum
TD Securities, a subsidiary of Canada’s The Toronto-Dominion Bank, has recently launched platinum bullion products to add to its precious
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Harmony Gold: de-risked portfolio drives Q-on-Q production growth
JOHANNESBURG, South Africa – Harmony Gold Mining Company has released an update, noting that its old assets only contributed 4%
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