PTM defies sceptics with optimised $946m Waterberg project study
PLATINUM Group Metals (PTM) today published an updated definitive feasibility study for its 50.02% controlled Waterberg Joint Venture, a project that will produce PGMs, including…
Saudi’s rise in mining is breathtaking, and problematic
L ong the world’s largest producer of oil, Saudi Arabia now seeks to unlock a treasure trove of minerals beneath its sands while using the endowment generated by decades of…
Saudi PGM smelter proposal may test SA Govt’s loyalties
PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force it to weigh its desire for…
PTM explores Waterberg concentrate deal with Saudi Arabia
PLATINUM Group Metals (PTM) has signed a cooperation agreement with Saudi Arabia that will explore construction of platinum group metals smelter and base metals refinery. Should…
The squeeze is on for the rarest resource in SA’s PGM industry
Of the barriers to new platinum group metals production in South Africa, one of the most important is building processing facilities. Smelters and refineries are technically…
Miner says offshore smelter for SA palladium project could be cheaper
TORONTO-listed Platinum Group Metals (PTM) said it was considering building smelting and refining facilities for the metal outside South Africa. In a third quarter update, CEO…
PTM ‘pounding on doors’ for offtake deal ahead of financing $617m Waterberg
PLATINUM Group Metals CEO Frank Hallam said the company was “pounding on the doors” of four mining companies in search of a concentrate offtake agreement ahead of financing the…
Appeals against PTM Waterberg Project mining right award dismissed by SA Govt.
SOUTH Africa’s mines ministry dismissed an appeal against the grant of a mining licence in 2021 to Platinum Group Metals (PTM), the Toronto-listed firm said on Monday. Attempts…
PTM strikes ‘in-principle’ agreement for R380m preparatory work on Waterberg Project
PLATINUM Group Metals (PTM) has struck an “in-principle” agreement with its partners to spend R380m preparing the Waterberg Project for development – a palladium-rich prospect…