TSX-listed Ivanhoe Mines’ South African subsidiary, Ivanplats, is fast-tracking a feasibility study on a smaller-scale, early-stage development plan using Shaft 1 as a production shaft at its Platreef palladium, platinum, nickel, copper, gold and rhodium mining licence, in Limpopo, South Africa. The spot prices of palladium and rhodium have soared in recent months, which Ivanhoe co-chairpersons Robert Friedland and Yufeng Miles Sun say have “propelled Platreef’s metals price basket to a new, all-time high”.
