News & Press Releases

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is emerging as a noteworthy player in the sector as interest in platinum continues to rise. “The company operates the Waterberg PGM Project, a large palladium and platinum deposit located in South Africa. Recently, Platinum Group Metals announced and filed with securities regulators an updated Independent Definitive Feasibility Study (‘2024 DFS’) for the Waterberg Project, which underscores its potential to meet the growing demand for these metals,” reads a recent article.

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) as entered into an equity distribution agreement with BMO Nesbitt Burns Inc., Beacon Securities Limited, and BMO Capital Markets Corp. to establish a new at-the-market equity program (“2024 ATM Program”). The program allows the company to sell up to $50 million in common shares through market-based transactions at prevailing prices, with proceeds designated for pre-construction site work and phase one development at the Waterberg Project, a Saudi Arabia smelter feasibility study, and general corporate purposes. The agreement is valid until December 2026 or until the $50 million cap is reached, with sales conducted under a prospectus supplement filed in Canada and the U.S.

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has signed a memorandum of understanding (MOU) with Ajlan & Bros Company for Mining and Saudi Arabia’s Ministry of Investment (MISA) to explore the development of a platinum group metals smelter (“PGM Smelter”) and base metal refinery (“BMR”) in Saudi Arabia. The initiative supports Saudi Arabia’s Vision 2030 by fostering the mining and minerals sector as a key economic pillar. Building on a 2023 Cooperation Agreement with Ajlan, the project includes a global PGM concentrate market study, a feasibility study, and potential for a 50:50 joint venture. The project aims to process Waterberg Project concentrate from South Africa, supplemented by end-of-life catalysts and other regional materials, pending long-term export approvals from South Africa.

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced its inclusion in an editorial by NetworkNewsWire (NNW), titled “Critical Metals Surge Opens Prime Opportunity for Mining Investors,” which explores rising interest in mining fueled by the global shift to clean-energy technologies and the growing demand for critical and traditional metals. The editorial highlights the importance of platinum group metals (PGMs) in industrial applications, including autocatalysis and pollution control, driven by decarbonization efforts and geopolitical tensions affecting supply. Platinum Group Metals Ltd. is positioned as a leader in the PGM sector, supported by its flagship Waterberg Project in South Africa.

NetworkNewsWire Editorial Coverage : Interest in the mining sector is on the rise, fueled by growing demand for metals that are crucial to modern industries. The shift toward clean-energy technologies, including electric vehicles (EVs) and renewable energy systems, has heightened the need for critical minerals, particularly lithium, cobalt, nickel and rare earth elements (“REEs”). At the same time, traditional metals such as copper and aluminum are seeing renewed importance due to their essential roles in infrastructure and energy transmission. Gold and silver remain appealing as safe-haven assets during periods of economic uncertainty and inflation. Additionally, the global drive for decarbonization and energy efficiency is boosting demand for platinum group metals (“PGMs”), which are valued for their purity, high melting points and unique catalytic properties. These metals are integral to numerous industrial processes and play a pivotal role in autocatalysis and pollution control within the automotive industry. With potential supply disruptions from major producers and geopolitical tensions tightening the market, mining companies are well positioned for growth. One of those companies, Platinum Group Metals Ltd. (NYSE: PLG) (TSX: PTM) ( Platinum Group Metals Profile ), is emerging as a leader in the PGM space, due to the performance of its flagship Waterberg Project in South Africa. Platinum Group Metals joins other mining and commodity-related organizations that are focused on strengthening their foothold in the mining sector, including companies such as Endeavour Silver Corporation (Canada) (NYSE: EXK) , Fortuna Mining Corp. (NYSE: FSM) , New Gold Inc. (NYSE American: NGD) and…

EQNX::TICKER_START (NYSE:PLG),(TSX:PTM),(NYSE:EXK),(NYSE:FSM),(NYSE:NGD),(NYSE:SAND) EQNX::TICKER_END

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has been featured in a NetworkNewsWire (“NNW”) editorial, underscoring the rising investment opportunities in the mining sector fueled by increasing demand for critical and traditional metals. As clean-energy technologies drive the need for lithium, cobalt, nickel, and rare earth elements, traditional metals like copper and aluminum are also gaining renewed attention for their role in infrastructure and energy transmission. Amid economic uncertainties, gold and silver remain valuable investments, while platinum group metals (“PGMs”) are gaining prominence due to their unique industrial applications, particularly in automotive pollution control. With potential supply constraints and geopolitical risks affecting global markets, Platinum Group Metals Ltd. is strategically advancing its flagship Waterberg Project in South Africa to capitalize on the growing importance of PGMs in the global energy transition.

NetworkNewsWire Editorial Coverage : Investment interest in the mining space is growing, driven by increasing demand for a wide range of metals that are becoming essential to modern industries. The push for clean-energy technologies, such as electric vehicles (“EVs”) and renewable energy systems, has amplified the need for critical minerals such as lithium, cobalt, nickel and rare earth elements. Meanwhile, traditional metals such as copper and aluminum are experiencing a resurgence due to their critical role in infrastructure and energy transmission. Gold and silver, as traditional stores of value, remain attractive amid economic uncertainties and inflationary pressures. Finally, the global transition toward decarbonization and energy efficiency is fueling demand for platinum group metals (“PGMs”), which are known for their purity, high melting points and unique catalytic properties. PGMs are vital in a number of industrial processes, technologies and commercial applications and play a critical role in autocatalysis and pollution control in the automotive sector. With potential supply constraints from key producing countries and geopolitical risks further tightening markets, mining companies are poised for growth. Platinum Group Metals Ltd. (NYSE: PLG) (TSX: PTM) ( Platinum Group Metals Profile ) is positioning itself as an emerging leader in the PGM sector through its flagship Waterberg Project in South Africa. Other mining and commodity related entities, including Sibanye Stillwater Limited (NYSE: SBSW), VanEck Junior Gold Miners ETF (NYSE: GDXJ) , abrdn Physical Palladium Shares ETF (NYSE: PALL) and iShares Silver Trust (NYSE: SLV) , are also seeing increased…

VEQNX::TICKER_START (NYSE:PLG),(TSX:PTM),(NYSE:SBSW),(NYSE:GDXJ),(NYSE:PALL),(NYSE:SLV) EQNX::TICKER_END

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article by Simply Wall St. The publication describes Platinum’s ownership structure, explaining that the company is primarily owned by individual investors, who hold a 51% majority stake, granting them substantial influence over the company’s governance and management decisions. Institutional investors also hold a significant portion, contributing to PTM’s credibility within the investment community, though ownership remains fragmented, with the top 25 shareholders collectively owning 48%. The largest single shareholder is Hosken Consolidated Investments Limited, holding 26% of shares. Insider ownership is minimal, with less than 1% of shares controlled by management and board members. This diverse ownership structure highlights the power of retail investors while reflecting limited influence from insiders and public companies.

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM), the operator and majority owner of the Waterberg Project, recently announced an important collaboration with Ajlan & Bros Mining and Metals Co. to explore establishing a standalone platinum group metals (“PGM”) smelter and base metals refinery (“BMR”) in Saudi Arabia. “This agreement, structured into three distinct phases, marks a pivotal step in the company’s strategy to enhance its operational capabilities and secure a stable offtake agreement for its Waterberg Project concentrate,” reads a recent article.

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is poised to benefit from the automotive industry’s shift toward hybrid and electric vehicles (“EVs”). “A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (‘PGMs’) in the coming years, similar to the extended lifespan now predicted for coal,” reads a recent article that contains excerpts from a Reuters report.

The United States recently called on its Group of Seven (“G7”) allies to consider imposing sanctions on Russian titanium and palladium supplies, a move that, if approved, could have a profound impact on global metals markets as well as on Russia’s economy ( https://ibn.fm/Q9sHS ). Companies operating in the metals sector, including Platinum Group Metals (NYSE American: PLG) (TSX: PTM), majority owner and operator of the Waterberg PGM Project in South Africa, are watching closely to see what action the G7 might take.

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), through its subsidiary Lion Battery, is working to strengthen its foothold in the lithium-sulfur space. With new technologies being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability, lithium-sulfur batteries could offer advantages.

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit located on the northern limb of the Bushveld Complex in South Africa, has filed a Definitive Feasibility Study (“DFS”) technical report on its Waterberg Project, in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The study is associated with the Independent Definitive Feasibility Study, which it filed last month. Titled “Waterberg Definitive Feasibility Study Update, Bushveld Igneous Complex, Republic of South Africa,” the report was prepared by a team of specialists and supports the disclosure of an updated independent mineral resource estimate, effective Aug. 31, 2024.

The automotive industry’s shift toward hybrid and electric vehicles (“EVs”) is reshaping numerous sectors, including the precious metals market. A recent Reuters article highlights how this transition is driving the demand for platinum group metals (“PGMs”), a trend that is poised to benefit key industry players such as Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) .

The battery of choice these days, relied on to power everything from digital devices to electric vehicles and even energy-storage systems, is the lithium-ion battery. However, lithium-ion technology has its drawbacks; consequently, other battery solutions are being developed, including lithium sulfur. Through its subsidiary Lion Battery, Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is working to strengthen its foothold in the lithium-sulfur space.

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit located on the northern limb of the Bushveld Complex in South Africa, is reporting positive results from an Independent Definitive Feasibility Study Update (“2024 DFS”) for the Waterberg Mine. The study was completed by a team of specialists, including international engineering entity Stantec Consulting International Ltd. and South African engineering firm DRA Projects SA (Pty) Ltd. The 2024 DFS is an update to the Waterberg Project’s original Independent Definitive Feasibility Study published in September 2019 (“2019 DFS”).

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a company that operates the Waterberg PGM Project in South Africa, is strengthening its foothold in a niche sector of mining: platinum group metals (“PGMs”). The company’s primary business objective is to advance the Waterberg Project to a development and construction decision.

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit discovered by Platinum Group in 2011 and located on the Northern Limb of the Bushveld Complex in South Africa. “The Waterberg Project is planned as a fully mechanized platinum, palladium, rhodium and gold mine, including by-product copper and nickel production, and is projected to be one of the largest and lowest cost PGM mines globally,” reads a recent article. “The company’s primary business objective is to advance the Waterberg Project to a development and construction decision. An update to the 2019 Definite Feasibility Study is expected in 2024.”

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit discovered by Platinum Group in 2011 and located on the Northern Limb of the Bushveld Complex in South Africa. The Waterberg Project is planned as a fully mechanized platinum, palladium, rhodium and gold mine, including by-product copper and nickel production, and is projected to be one of the largest and lowest cost PGM mines globally.

The best $1 stocks to buy will emerge as a common theme as numerous penny stocks are undervalued. Don't miss out on a few great opportunities.

Platinum Gr Metals just reported results for the second quarter of 2024.

Platinum Gr Metals just reported results for the first quarter of 2024.

  Friday's session saw 225 companies set new 52-week lows.