Platinum Group Metals Ltd. reports that it has entered into a Cooperation Agreement with Ajlan & Bros Mining and Metals Co. to study the establishment of a stand-alone platinum group metals smelter and base metals refinery in Saudi Arabia. The Cooperation Agreement encompasses three phases: a global PGM concentrate market study , a Definitive [...]
Platinum Group Metals Ltd. reports the Company's financial results for the year ended August 31, 2023 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow, decline access [...]
Platinum Group Metals Ltd. reports the closing on September 18, 2023 of a non-brokered private placement of common shares at a price of US$1.18 per common share as previously announced on September 8, 2023. An aggregate of 2,118,645 common shares were subscribed for and issued to existing major beneficial shareholder, Hosken Consolidated [...]
Platinum Group Metals Ltd. reports that it intends, subject to regulatory approval, to sell 2,118,645 common shares of the Company at price of US$1.18 each for gross proceeds of approximately US$2.5 million to existing major beneficial shareholder, Hosken Consolidated Investments Limited . The Company intends to use the net proceeds of the Private [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine month period ended May 31, 2023 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow, decline [...]
Platinum Group Metals Ltd. reports that Lion Battery Technologies Inc. has engaged The Battery Innovation Center in Newberry, Indiana to help drive commercialization of its next generation platinum and palladium based battery chemistries. Lion is advancing both proprietary lithium-sulfur and enhanced lithium-ion technology using the unique [...]
Platinum Group Metals Ltd. reports that the Japan Organization for Metals and Energy Security and Hanwa Co. Ltd. have established a special purpose company, HJ Platinum Metals Ltd. , to hold and fund their future equity interests in the Waterberg platinum group metals project . The combined interests of JOGMEC and Hanwa have been consolidated into [...]
Platinum Group Metals Ltd. reports that exploration borehole WE153 has intercepted platinum group metals mineralization consistent with both the T Zone and F Zone as found within the mineral resources and reserves of the proposed Waterberg Mine, located on the Northern Limb of the Bushveld Complex in South Africa, . Borehole WE153 was collared on [...]
Platinum Group Metals Ltd. reports the Company's financial results for the six month period ended February 28, 2023 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow [...]
Platinum Group Metals Ltd. reports that an infill drill campaign underway since November 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa , has been completed. All 16 planned T Zone boreholes and 16 planned F Zone boreholes have been drilled. Drill cores from the completed boreholes have been [...]
Platinum Group Metals Ltd. is pleased to announce positive results from its Annual General Meeting held on February 28, 2023 in Vancouver, British Columbia. The meeting had a turnout of shareholders representing 52.54% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the [...]
Platinum Group Metals Ltd. reports that an infill drill campaign underway since November, 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa , is well advanced. Before a scheduled break over the recent holiday period, 16 planned T Zone boreholes and 6 of 16 planned F Zone boreholes were completed [...]
