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Lonmin Appoints New CFO

April 19, 2016 | South African platinum producer Lonmin (LSE:LMI) has appointed  Mr Barrie van der Merwe as its new executive director and Chief Financial Officer of the company.

As quoted in the press release:
Barrie is a Chartered Accountant and holds a B Com (Hons) degree in Accounting from the University of Pretoria. Between 2012  … Read More

Noront Provides Update Regarding Exploration Activities and Issuance of Shares and Stock Options

April 19, 2016 | Noront Resources Ltd.(TSXV: NOT) is pleased to provide an update on its exploration efforts in the Ring of Fire.

According to the news:
The Company is progressively and systematically exploring the favourable footwall contact that hosts the Eagle’s Nest nickel-copper-platinum-palladium deposit and the showings known as Blue Jay and Eagle Two. Noront has  … Read More

Platinum Group Metals Reports 89 Percent Increase in Indicated Resources at Waterberg

April 19, 2016 | Platinum Group Metals (TSX:PTM) has released an updated resource estimate for its 58.65 percent owned Waterberg joint venture in South Africa’s Bushveld Complex. The company also stated that a prefeasibility study for the project is still on track to be completed in July 2016.

As quoted in the press release:
Mineral resources  … Read More

Wellgreen Platinum Announces Mailing of Information Circular and Reconstitution of Board Committees

April 13, 2016 | /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, April 12, 2016 /CNW/ – Wellgreen Platinum Ltd. (“Wellgreen Platinum” or the “Company”) (TSX: WG; OTC-QX: WGPLF) announced that it has mailed a Notice of Meeting and Management Information Circular (the “Information Circular”) dated April  … Read More

Northern Shield adds $182,250 in Second Tranche of Financing for Gross Proceeds of $500,000

April 13, 2016 | OTTAWA, April 13, 2016 /CNW/ – Northern Shield Resources Inc. (“Northern Shield” or the “Company”) [TSX-V: NRN] is pleased to announce that it has completed the second and final tranche of a non-brokered private placement (the “Private Placement”). Proceeds of the second tranche totaled $182,250 and were completed under the  … Read More

Zimplats Implicated in Panama Papers

April 11, 2016 | Zimbabwe’s Zimplats has been implicated in the recent Panama Papers leak, Business Day Live reported.

As quoted in the publication:
ZIMBABWE’s leading platinum mining giant‚ Zimplats Holdings‚ allegedly set up an offshore company more than a decade ago to pay salaries for its senior managers‚ leaked documents reveal.

The alleged offshore company was  … Read More

Wallbridge Intersects 24.25 Metres of 1.22 % nickel, 1.50 % copper, and 2.15 g/t PGMs from 35.6m depth at Parkin in Sudbury

WM Logo RGB 2010

April 4, 2016 | Wallbridge Mining Company (TSX:WM,FWB:WC7) announced positive results from the ongoing 12,000 metre drilling program on its flagship Parkin exploration project in Sudbury, Ontario. Notably, drill hole WMP-170 intersected a wide zone consisting of 24.25 metres of 1.22 % nickel, 1.50 % copper, 0.81 g/t platinum, 0.96 g/t palladium, and 0.38  … Read More