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.

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Platinum Group Metals Ltd

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Post by grape562000on Aug 03, 2017 2:20pm

177 Views

Post# 26544163

RBPlat - news but nothing certain or official

The company told me that they cannot comment on this at this time. Can't really see this happening as RBPlat (Royal Bagokeng Platinum) does not appear to be in strong enough financial position ($64M cash and $33M debt)

Anyway, the wheels are turning...

https://www.miningweekly.com/article/rbplat-eyes-deal-with-ptm-over-maseve-2017-07-28

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