Platinum Group Metals Ltd. provides the following updates on its platinum projects including a second new joint venture with Japan Oil Gas and Metals National Corporation (“JOGMEC”), owned by the government of Japan, covering a new 118 square kilometres platinum exploration area. R. Michael Jones, President of Platinum Group Metals, said, “Our main focus right now is on advancing...
CROWFLIGHT MINERALS INC. is pleased to announce that it has acquired additional property adjacent to the former producing Manibridge Nickel Mine in the central portion of the Thompson Nickel Belt, approximately 15 kilometres south of its Bucko Lake Nickel project, currently under development. Crowflight has added approximately 83 square kilometres (32 square miles) to its 100% owned property position...
THE mining industry expects to make a strong comeback this year driven by brisk investments, keen interest from major global players, higher commodity prices and more stable investment policies in place, a top industry official said. “We’re off to a good start this year,” said Benjamin Philip Romualdez, president of the Chamber of Mines of the Philippines. The industry had suffered...
For Evy Hambro, who manages the world’s biggest mining fund at Merrill Lynch & Co., small is profitable. Hambro steered the $6.6 billion fund to the best performance this year among 270 peers tracked by Standard & Poor’s by increasing investments in small and mid-sized companies. Shares of Hambro’s top performers, Perilya Ltd. of Australia and Zijin Mining Group Co., which...