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Platinum Group Metals Advances Waterberg Mine Project

Platinum Group Metals Advances Waterberg Mine Project

Platinum Group Metals Ltd (TSE:PTM) has released an update.

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Platinum Group Metals Ltd. has announced its second-quarter financials and progress on the Waterberg Project, a future palladium, platinum, gold, and rhodium mine in South Africa, which holds the potential to be one of the world’s largest and most cost-efficient underground PGM mines. The company is moving towards a development and construction decision for the Waterberg Project and is concurrently working on a battery technology initiative using platinum and palladium. Shareholders have approved additional funding to continue work programs while finalizing the updated Definitive Feasibility Study.

For further insights into TSE:PTM stock, check out TipRanks’ Stock Analysis page.

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