North American Palladium today announced its preliminary palladium production results for the third quarter ending September 30, 2012, as well as a development update on its Lac des Iles ("LDI") mine expansion.
Platinum Group Metals has reported exploration results from drilling carried out on a property covered in the Sable Joint Venture with the company.
Prophecy Platinum, a resource company, has reported additional results of the 2012 underground drilling campaign carried out at its 100% owned Wellgreen PGM-Ni-Cu project, which is situated in Canada.
Champion Bear Resources has reported that it has started the exploration programs for 2012 at its copper-gold-nickel-palladium-platinum properties, which are situated in the Sudbury Mining Camp of Northeast Ontario.
Norilsk Nickel has forecast a nickel output of at least 295,000 tonnes for 2012. Palladium output is also hoped to be above 2.6 million ounces. The Russian company is the largest producer of nickel and palladium in the world.
Prophecy Platinum will begin the drill program at the company’s Wellgreen PGE-Ni-Cu project on the third week of January, 2012.
Rainy River Resources has reported the assay results of the palladium and platinum from the fresh nickel discovery, which is located at the Rainy River gold project in northwestern Ontario. The company is carrying out the diamond drill program for 170,000 m during 2011.
Prophecy Platinum has obtained the drilling results from the Wellgreen PGE-Ni-Cu project. It has intersected 0.47% NiEq over 457 m that contains 0.72 g/t Platinum+Palladium+Gold (Pt+Pd+Au) from the surface to the footwall and also 1.03% nickel, 0.74% copper, 3.14 g/t Pt+Pd+Au over 17.8 m in the hole WS11-188 in this large mineralization.
Stillwater Mining is planning to offer $300 million in senior notes to private investors to help fund its acquisition of Peregrine Metals. The offering is non-conditional on the completion of the acquisition of Peregrine Metals.
Prophecy Platinum has released the assay results of the initial holes from its 2011 drill campaign at the Wellgreen project. The company has intersected 0.43% NiEq over 472.6 m of mineralization from the surface to the footwall contact in the borehole WS11-184.