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Company News

Wallbridge Mining Makes New Copper-PGM Discovery at Twisted Wrench

Wallbridge Mining Company (TSX:WM,FWB:WC7) has intersected new copper and platinum group metal mineralization at four of eight target areas on its Wilsner properties. The properties are located adjacent to the company's Broken Hammer open pit mine.

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Market News

Sale of Anglo American Mines Could be a Boon for Platinum Prices

Bloomberg reported that plans by Anglo American Platinum (JSE:AMS) to sell its mines in South Africa could give platinum prices a hand, as analysts are predicting that new owners could operate the mines more responsibly.

Russian Consortium to Build $3 Billion Platinum Mine in Zimbabwe

Reuters reported that a consortium of Russian companies is planning to develop a platinum mine in Zimbabwe. The $3 billion project will target 250,000 ounces of annual production within three years, with Mines Minister Walter Chidhakwa stating that the project would have a mine life of 20 years.

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