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Final EIS For PolyMet Mining’s NorthMet Project Expected by Spring 2015

Final EIS For PolyMet Mining’s NorthMet Project Expected by Spring 2015

PolyMet Mining (TSX:POM,NYSE:PLM) announced that the Minnesota Department of Natural Resources is working towards an early spring completion of the final environmental impact statement for the NorthMet project. Department of Natural Resources commissioner told officials that a correct final EIS will help the permitting process flow smoothly.

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Market News

Will Central Banks Buy and Sell PGM’s to Control Prices?

Mineweb's Kip Keen commented on a recent announcement that Sergei Donskoi, Russia's Minister of Natural Resources, suggested that South Africa and Russia buy platinum and palladium through their central banks to exert some control over metals prices. The author ran a "what if?" scenario past Harry First, a law professor at the New York University School of Law with a special interest in international anti-competition issues.

High-flying Palladium ETF May be Set for a Fall

ETF Trends reported that while the ETFS Physical Palladium Shares (ARCA:PALL) has gained 18.4 percent so far this year, putting all the other physically backed precious metals ETFs to shame, its reign may be set to end.

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