Platinum Group Metals

HSBC’s bullish bias on platinum

Strikes at South Africa’s three largest platinum producers, robust global demand from the auto sector, and strong jewelry demand in China, will push the average price of platinum this year to US$1,595 per oz., James Steel and Howard Wen of HSBC…


A drill site at Ivanhoe Mines' Platreef PGM project, 280 km northeast of Johannesburg, South Africa. Credit: Ivanhoe Mines

Ivanhoe unveils Platreef PEA as drills hit Ga-Madiba

VANCOUVER — Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is sitting on an impressive platinum group metals (PGM) resource at its Platreef property, situated 280 km northeast of Johannesburg, South Africa,. And the…


Fieldworkers at Wallbridge Mining's Broken Hammer copper-PGM project in Sudbury, Ontario. Credit: Wallbridge Mining

Wallbridge to put Broken Hammer into production

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.



Geologist David Penna studies drill core at North American Palladium's Lac des Iles mine located in northwestern Ontario. Credit:  North American Palladium

The Russian effect: First nickel, now palladium

First it was nickel prices and now it’s palladium. Another metal with a silver hue, albeit a more precious one, has been on a run with sanctions against Russia again being seen as the culprit.



A geo technician checks core sampling at Platinum Group Metals'  Waterberg project on the North Limb of South Africa's prolific Bushveld Complex.

Platinum Group unveils Waterberg PEA

VANCOUVER — Roughly three years ago junior Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) made its Waterberg discovery on the North Limb of South Africa’s prolific Bushveld complex, and the company has had the project on the fast…


An aerial shot of Platinum Group Metals' WBJV1 platinum project in South Africa's Bushveld complex. Credit: Platinum Group Metals

Platinum Group Metals raises $175M

Shares of Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) got a boost on the final trading day of 2013 after the company announced that it had completed a $175-million equity raise at $1.18 per share.




Men walk into an  adit at the Wellgreen PGM-nickel-copper project in the Yukon. Credit: Prophecy Platinum

Prophecy Platinum reports a half-mile of mineralization

Picture seven football fields in a row of continuous mineralization, and that’s the width of platinum group metal (PGM) mineralization intercepted in a single drill hole at Prophecy Platinum’s (TSXV: NKL; US-OTC: PNIKF) Wellgreen…



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