(2)
Non-binding term sheet signed with Orion Mine Finance for US$300 million streaming facility
Societe Generale and Nedbank appointed as mandated lead arrangers for a senior project debt facility of up to US$120 million
Detailed engineering underway on mine design, 770-ktpa concentrator and associated infrastructure for Platreef s phased development plan, which is expected to be incorporated into an updated feasibility study by the end of 2021
Platreef s Shaft 1 changeover progressing well in preparation for permanent hoisting by early 2022
Mokopane, South Africa (Newsfile Corp. - February 16, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng Miles Sun are pleased to announce that the company s South African subsidiary, Ivanplats, has signed a non-binding term sheet with Orion Mine Finance, a leading international provider of production-linked stream financing to base and precious metals mining companies, for a US$300 million gold, pall
Keeping close eye on cost structure amid rising commodity prices: Maruti Suzuki
Maruti Suzuki is also watching the situation closely although it will have normal supply this month.
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. Updated: 14 Feb 2021, 11:24 AM IST PTI
Maruti Suzuki, which had hiked prices of its vehicles in January, however, is not planning to pass on the burden to consumers in the near future
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New Delhi: Increasing commodity prices, especially those of rhodium and palladium, which are used in catalysers to meet strict emission norms, are putting cost pressure on automobile makers, according to a senior official of Maruti Suzuki India.
Economy 12 February 2021, 11:59 157
The prices of precious metals, except for silver, decreased in Azerbaijan on Feb.12 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).
The price of gold decreased by 25.415 manat or $14.95 (0.81 percent) and amounted to 3,098.182 manat or $1,822.46 per ounce.
The price of silver grew by 0.2977 manat or 18 cents (0.65 percent) and amounted to 45.9351 manat ($27.02).
The price of platinum shrank by 39.7205 manat or $23.36 (1.87 percent) and amounted to 2,078.947 manat ($1,222.91).
The price of palladium shrank by 0.816 manat or 48 cents (0.02 percent) and amounted to 3,996.173 manat ($2,350.69).
In monthly terms, the price of gold declined by 46.7415 manat or $27.49 (1.5 percent) per ounce, silver edged up by 3.2223 manat or $1.9 (7.5 percent) per ounce, platinum grew by 277.0915 manat or $162.99 (15.4 percent) per ounce, and palladium dropped
Economy 10 February 2021, 12:09 428
The prices of precious metals, except for silver and palladium, grew in Azerbaijan on Feb.10 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).
The price of gold increased by 2.3545 manat or $1.38 (0.08 percent) and amounted to 3,132.6155 manat or $1,842.71 per ounce.
The price of silver went down by 0.2463 manat or 14 cents (0.53 percent) and amounted to 46.5423 manat ($27.38).
The price of platinum rose by 46.444 manat or $27.32 (2.31 percent) and amounted to 2,055.215 manat ($1,208.95).
The price of palladium shrank by 38.318 manat or $22.54 (0.96 percent) and amounted to 3,958.28 manat ($2,328.4).
In monthly terms, the price of gold dropped by 114.801 manat or $67.53 (3.5 percent) per ounce, silver edged up by 0.5835 manat or 34 cents (1.3 percent) per ounce, platinum grew by 153.3995 manat or $90.23 (8.1 percent) per ounce, and palladium