PTM's Waterberg discovery 'more down to earth' than asteroid mining

Digging platinum from asteroids? Toronto- and New York-listed junior Platinum Group Metals (PTM) said on Tuesday its discovery of a new deposit in South Africa is “more down to earth" than the recent suggestions of mining on asteroids for...

Major multi-element and mineral alteration system confirmed

ASX-listed uranium, nickel and gold explorer Impact Minerals’ maiden drill programme at its Red Hills uranium prospect in Botswana has identified an extensive alteration system, which is about 1.5 km long and 1 km wide, comprising multimetal and...

No 2008 repeat, analysts say of falling commodities

Financial journalists around the world have been dusting off all the old clichés they wore out as the 2008 collapse unfolded, with headlines of “bloodbaths” and “meltdowns” accompanying tired depictions of desperate traders holding their...

PTM buys arctic platinum property

TSX-quoted Platinum Group Metals (PTM) has bought a base metal and platinum exploration property from Arctic Star Exploration, located 55 km from the Diavik diamond mine in the Northwest Territories, it said on Thursday. According to PTM, the...

Bushveld Complex project on time and within budget

Mining operations, exploration, financing and construction company Platinum Group Metals (PTM) reports that development plans for its 74% owned Western Bushveld Joint Venture (WBJV) Project 1 platinum mine, in the North West province, are...

PGM group continues multiple projects

Platinum miner Platinum Group Metals (Platinum Group) continues its focus on platinum exploration with multiple projects under way in South Africa and Canada, for the remainder this year.

PGMs partner completes transaction with Chinese consortium

Mining group Platinum Group Metals reports that its partner Wesizwe Platinum has closed a proposed $877-million financing package with a Chinese consortium that includes non ferrous metallurgical and chemical engineering enterprise Jinchuan Group...

PTM and Wesizwe studying potential platinum synergies

While rumours of consolidations in South Africa’s platinum sector continue to churn, juniors Platinum Group Metals (PTM) and Wesizwe Platinum have started a joint study to determine the benefits of their neighbouring properties being “one mine...

Platinum Group restarts Canadian exploration

Platinum Group Metals, which is building the WBJV project 1 mine in South Africa, has a busy year of exploration planned on properties in both South Africa and Canada, the firm said on Tuesday. Six exploration drilling programs targeting platinum...

PTM to start Project 1 underground development

TSX- and NYSE-listed Platinum Group Metals (PTM) on Monday announced that it had received approval from South Africa’s Department of Mineral Resources (DMR) to start with the underground development of its Project 1 platinum mine. The company...

Former Angloplat exec to advise Platinum Group

Vancouver-based Platinum Group Metals (PTM) has appointed Gordon Chunnett to its advisory board, the company said on Wednesday. Chunnett was previously head of exploration for top platinum producer Anglo Platinum.

Platinum Group appoints finance adviser for SA project

TSX- and NYSE-listed Platinum Group Metals (PTM) announced the appointment of AJ Ali as project finance adviser to assist in structuring the overall project finance package, for the construction of the Western Bushveld Joint Venture (WBJV) Project...