SA govt grants PTM mining right

Canada’s Platinum Group Metals (PTM) has received a mining right from the South African government for its flagship project in the country, the TSX- and Amex-listed company said on Wednesday. PTM also said it would finalise by the end of the...

Platinum Group exercises option to secure additional stake in SA project

Canadian junior Platinum Group Metals (PTM) on Thursday deposited R408-million into an escrow account to secure an additional stake from Wesizwe in Project 1, near Rustenburg. Following a deal with Anglo Platinum subsidiary Rustenburg Platinum...

South Africa must be put first when it comes to creating wealth from natural resources

The interests of South Africa must be placed first and foremost when it comes to maximising the wealth generated from the extraction of metals and minerals from the country’s soil. The mining industry has historically proved less than fastidious...

Phiri to head growth-poised JSE-bound platinum NewCo

Ferrochrome company head Steve Phiri is stepping down as CEO of Merafe to take over the reins of a new growth-poised JSE-bound platinum company that is expected to be listed in the second half of 2010. Long-standing Merafe CFO Stuart Elliot will...

Stake in Bafokeng Rasimone platinum mine may be listed on JSE

Royal Bafokeng Holdings (RBH), which oversees the assets of the 300 000-strong Royal Bafokeng nation, might consider listing its stake in the Bafokeng Rasimone platinum mine, which it co-owns with Anglo Platinum. However, there was no firm...

Wesizwe seeks main board listing - JSE

South Africa's bourse, the JSE, yesterday welcomed junior exploration firm Wesizwe Platinum's intended listing on the main board of the exchange.

Training college makes inroads into mining industry

“The government has created a winner,” says Open Learning Group’s academic director Dr Thys Herbst, of the mining charter requirements that mining houses participate in human resource development initiatives.

Bakubung tribe's investment arm to list

Empowered platinum junior Wesizwe is likely to seek an ‘introductory listing’ on the main board of the JSE Securities Exchange within the next few months.

Bakubung tribe's investment arm to list within months

Empowered platinum junior Wesizwe has started to explore four properties on the highly-prospective Western Limb of South Africa's Bushveld and is likely to seek an 'introductory listing' on the main board of the JSE Securities Exchange within the...

PGM hopeful reaffirms shallow nature of resource

Canadian miner Platinum Group Metals (PTM) has, in a note to Mining Weekly, moved to reaffirm that the Anglo Platinum / PTM Western Bushveld joint venture (WBJV) property, which adjoins Anglo Platinum's Bafokeng Rasimone mine (BRPM), is a shallow...

Drilling for platinum

A Canadian company has begun drilling for platinum in the North West Province.

Canadian firm advances west-limb drilling

Drilling by Canadian miner Platinum Group Metals Limited (PTM), on the Elandsfontein property, immediately adjoining Anglo Platinum's Bafokeng Rasimone mine is continuing, the company announced.