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PGM PROJECTS: Platinum Group Metals closes private placement

  • Date: 01-07-19
  • Category: PGM PROJECTS
  • Source: Mining Weekly

Dual-listed Platinum Group Metals (PTM) has closed a nonbrokered private placement with Hosken Consolidated Investments (HCI), an existing major shareholder of the company, for gross proceeds of $1.3-million.

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PGM PROJECTS: Noront targeting 5-year timeline to open first Ring of Fire mine

  • Date: 30-06-19
  • Category: PGM PROJECTS
  • Source: TB News Watch

THUNDER BAY – The first ore from the Ring of Fire could come out of the ground in five years, potentially finally unlocking the mineral-rich area that has long been promised to stoke Northern Ontario economic development opportunities.

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PGM PROJECTS: Positive Preliminary Economic Assessment for the River Valley PGM Project, Sudbury, Ontario, Canada

  • Date: 27-06-19
  • Category: PGM PROJECTS
  • Source: New Age Metals

June 27th, 2019 Rockport, Canada – New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) Harry Barr, Chairman & CEO, stated; “We are pleased to update our shareholders and interested parties as to the results of the initial Preliminary Economic Assessment (PEA) for the company’s 100% owned River Valley PGM Project in Sudbury, Ontario Canada. The PEA has been developed by various independent consultants – P&E Mining Consultants Inc. (P&E) was responsible for the open pit mining...

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PGM PROJECTS: PTM to raise $1.3m for Waterberg DFS

  • Date: 26-06-19
  • Category: PGM PROJECTS
  • Source: Mining Weekly

TSX-listed Platinum Group Metals (PTM) on Tuesday announced its intention to raise $1.3-million in a private placement. The company will sell 1.1-million shares at a price of $1.17 apiece to Hosken Consolidated Investments, which already holds 20.05% of the company’s shares.

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PGM PROJECTS: Zimbabwe army offloads stake in $4bn project

  • Date: 23-06-19
  • Category: PGM PROJECTS
  • Source: The Standard

Zimbabwe’s military has disposed of its stake in a $4 billion platinum joint venture with Russian investors, President Emmerson Mnangagwa, has said.

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PGM PROJECTS: Jangada doubles Jorc resource at Pedra Branca

  • Date: 28-01-19
  • Category: PGM PROJECTS
  • Source: Research Channel

The share price of Jangada Mines rose sharply on Monday morning, after the company announced an upgrade of 117% to its 2012 Joint-Ore Reserves Committee- (Jorc-) compliant resource, which, in turn, meant a substantial increase in the size and categorisation of the resource at the company’s Pedra Branca platinum group metals (PGMs) project, in north-eastern Brazil.

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PGM PROJECTS: Group Ten announces results from the Wild West & Boulder target areas

  • Date: 25-01-19
  • Category: PGM PROJECTS
  • Source: Globe News Wire

Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) announces results from the Wild West and Boulder target areas covering the far-western end of the Stillwater West Project in Montana, USA. This is the first in a series of planned news releases to report results of 2018 exploration programs and on-going compilation and modeling work at the Company’s flagship PGE-Ni-Cu project adjacent to Sibanye-Stillwater’s high-grade PGE mines in the Stillwater Igneous

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PGM PROJECTS: PTM to raise $4m for Waterberg DFS

  • Date: 23-01-19
  • Category: PGM PROJECTS
  • Source: Research Channel

TSX- and NYSE-listed Platinum Group Metals (PTM) intends to sell up to three-million common shares at $1.33 apiece for gross proceeds of up to $4-million.

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