Workflow
Osmium
icon
Search documents
Platinum poised for strong 2026 as supply constraints offset EV headwinds
KITCO· 2026-01-02 22:02
Group 1 - The article presents an outlook for various precious metals, including palladium, rhodium, ruthenium, platinum, iridium, and osmium, indicating their projected prices for 2026 [1][4][5] - Specific price forecasts for palladium, rhodium, and platinum are highlighted, with palladium expected to be around 46, rhodium at 45, and platinum at 78 [1][4] - The data suggests a trend in the precious metals market, reflecting potential investment opportunities in these commodities as their values are projected to change significantly by 2026 [1][4]
Eurasia agrees to divest West Kytlim mining operations in Russia
Yahoo Finance· 2025-12-30 12:03
Core Viewpoint - Eurasia Mining has decided to sell its West Kytlim operations due to concerns over potential nationalization and regulatory risks in Russia [1][4]. Group 1: Sale Agreement Details - The company has accepted terms to divest its stake in Kosvinsky Kamen, which holds the West Kytlim alluvial platinum group metals and gold operations [1]. - The transaction values the loss-making asset at approximately $251 million, with the buyer set to pay Rbs671.2 million (around $9 million) [2]. - The significant difference between the asset's valuation and the expected proceeds is attributed to Russian regulations that limit foreign owners' returns from asset sales amid geopolitical tensions [3]. Group 2: Strategic Focus Shift - Eurasia Mining indicated that the West Kytlim asset represents only 0.3% of its total reserves, and the company aims to focus on its Arctic portfolio, which constitutes 99.7% of its reserves [4]. - The planned disposal aligns with the company's strategy to streamline its asset base and concentrate on higher-value projects in the Arctic region [5]. - The Arctic assets are supported by an agreement with the state-owned Far East and Arctic Development Corporation [5]. Group 3: Financial Implications - The sale is expected to provide non-dilutive funding for the development of the remaining Arctic portfolio, including the Tier 1 nickel-copper deposit NKT, which has an estimated net present value of $1.2 billion to $1.7 billion [6]. - As part of the deal, Kosvinsky Kamen will transfer the Travyanaya licence to Eurasia, allowing the company to retain this licence post-sale [6]. Group 4: Board Recommendations - The board of Eurasia Mining believes the sale is in the best interests of the company and has unanimously recommended that shareholders vote in favor of the transaction [7].
Stillwater Critical Minerals Engages Mine Technical Services to Complete an Updated Mineral Resource Estimate at Stillwater West in Montana, USA
Accessnewswire· 2025-10-27 11:00
Core Insights - Stillwater Critical Minerals Corp. has engaged Mine Technical Services to conduct an updated NI 43-101-compliant Mineral Resource Estimate for its Stillwater West project in Montana, USA [1] - The updated Mineral Resource Estimate is anticipated in the first half of 2026 and aims to advance Stillwater West as a significant source of ten critical minerals in the U.S. [1] - The Stillwater West project contains a unique combination of nickel, copper, cobalt, chromium, platinum, palladium, rhodium, ruthenium, iridium, gold, and osmium, which are essential for clean energy, defense, and technology supply chains [1]