https://www.miningweekly.com

PTM, partners apply for Waterberg mining right

4th September 2018

By: Creamer Media Reporter

     

Font size: - +

TSX- and NYSE American-listed Platinum Group Metals (PTM) has filed a mining right application for its joint venture (JV) Waterberg platinum group metals project, in South Africa.

The application was submitted to the Department of Mineral Resources and comprised the mining work programme, a social and labour plan and associated environmental applications.

PTM is the operator of the Waterberg project, which is a JV with Impala Platinum, the Japan Oil, Gas and Metals National Corporation and Mnombo Wethu Consultants.

“The filing of the mining right application represents a significant milestone in the evolution of the Waterberg project. First discovered in 2011, Waterberg has grown both in scale and stature to become a significant mineral asset and a rare, large-scale, low-cost primary palladium deposit.  

“The project has the potential to positively impact South Africa’s economic development, creating high-value jobs and skills training opportunities for local residents. We look forward to ongoing interaction with all of our stakeholders, including government, local communities and our JV partners to help ensure the successful development and operation of the Waterberg project,” PTM president and CEO R Michael Jones commented on Tuesday.

A definitive feasibility study on the project is currently under way and is expected to be completed in the first quarter of 2019.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.122 0.16s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: