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Platinum Group Metals Ltd T.PTM

Alternate Symbol(s):  PLG

Metals & Mining Industrial Metals & Minerals
Platinum Group Metals Ltd. is a Canada-based platinum and palladium focused exploration and development company. The Company is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project is located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. The Waterberg Project covers an area of approximately 29,161 hectares (ha) consisting of the Waterberg Mining Right, one active prospecting right, and one application for the incorporation of two adjacent farms into the Waterberg Mining Right. Of the total project area, 20,482 ha are covered by the Waterberg Mining Right. Waterberg is a joint venture between the Company, Impala Platinum Holdings Ltd., HJ Platinum, which consists of JOGMEC (Japan Oil, Gas and Metals National Corporation) and Hanwa Co. and Black Economic Empowerment (BEE) partner Mnombo Wethu Consultants (Pty) Ltd.


TSX:PTM - Post by User

Platinum Group Metals Ltd
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Post by greener12345on Apr 23, 2010 7:36am
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Post# 17022822

platinum will rock if this happens

platinum will rock if this happens

BYD expects China car sales to grow 20% in 2010

Published: 23 Apr 2010 01:16:15 PST

Apr. 23, 2010 (China Knowledge) - BYD Co<1211>, China's largest rechargeable battery maker and a well-known automobile producer, estimates that car sales in China will increase about 20% this year because the Chinese government's stimulus policies to boost domestic consumption will remain in effect, Reuters reported.

Henry Li, general manager of the export division for BYD, said yesterday that the country's smaller cities will likely help drive sales growth, which is expected to continue over the next five years.

Shenzhen-based BYD earlier said its net profit was RMB 3.79 billion in 2009, up 270% year on year thanks to the robust growth of its automobile business.

The auto maker sold more than 450,000 cars last year. It aims to sell 800,000 units this year, China Knowledge reported earlier.

The eighth-largest auto maker in China earlier said it would set up its U.S. headquarters this year.

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