Posts Tagged ‘platinum-group’

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Fire River Gold Appoints R. David Russell as Chairman and Richard Goodwin as President and COO

Pacific North West Capital Announces 15,500 Metre Drill Program - River Valley Platinum Group Metals (PGM) Project, Sudbury, Ontario - $5 Million Exploration Budget- 20 Hours Hug a G.I. Day Promotion, Sponsored by Metallix Direct Gold, to Benefit USO- 1 Full story

Platinum Group exercises option to secure additional stake in SA project

JOHANNESBURG (miningweekly.com) 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 Full story

Platinum Group Reports Q1 2011 Financial Results

Platinum Group Metals (TSE:PTM,NYSE:PLG) announced their Q1 results. The press release is quoted as saying: An initial Construction Budget of $100M for the Project 1 Platinum Mine of the Western Bushveld Joint Venture was determined during the quarter Full story

PGM traders keeping tabs on coal situation at South Africa’s Eskom

Traders of platinum group metals are monitoring a situation in South Africa, in which heavy rains reportedly are affecting the supply and quality of coal for public utility Eskom. This has prompted worries of a repeat of 2008, when the utility had to Full story

Platinum Group Metals Approves $100 Million Construction Budget and Awards EPCM Contract-WBJV Project 1 Platinum Mine

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA - (Marketwire - Dec. 15, 2010) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) ("Platinum Group" or the "Company") is pleased to announce that it has approved a budget for $100m for the Full story

WESTERN BUSHVELD MINE CONSTRUCTION UPDATE – PLATINUM GROUP METALS LTD. and WESIZWE PLATINUM LIMITED

Platinum Group Metals Ltd. announced that it has approved a budget for $100 million for the construction of the WBJV Project 1 Platinum Mine in South Africa Full story

After Gold and Silver, How About White Cake for Dessert Part 2

Joseph L. Shaefer submits: Full story

Lonmin Turns To Profit In FY10; Resumes Dividend – Update

(RTTNews) - Lonmin Plc (LMI.L, LNMIF.PK), a producer of Platinum Group Metals or PGMs, Monday announced fiscal 2010 results, reporting a profit compared with a loss last year, driven by lower one-time items and higher sales and prices due to automotive Full story

Soros raises Platinum Group Metals stake to 9.7 pct

Billionaire George Soros has shown an increased interest in PGM, specifically junior explorer-project developer Platinum Group Metals. Full story

South Africa’s revised mining charter unsettles mining majors

London (Kitco News)--Could South Africa’s mining industry be losing its shine? Hard to believe, perhaps, of a country which boasts 90% of the world’s platinum group metals and 41% of the world’s gold in the rich seams running under its crust, but Full story
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