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Southern Palladium Advances Bengwenyama PGM Project with New Drilling Program

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Southern Palladium Advances Bengwenyama PGM Project with New Drilling Program

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Southern Palladium Ltd. ( (AU:SPD) ) just unveiled an announcement.

Southern Palladium Limited has commenced a comprehensive metallurgical and geotechnical drilling program at its Bengwenyama PGM project, marking a significant step in its Definitive Feasibility Study (DFS) scheduled for completion in the first half of 2026. This drilling initiative, involving approximately 10,000 meters, aims to optimize metallurgical processing and mine design, with implications for future discussions with South African PGM smelters and the anticipated granting of a Mining Right.

More about Southern Palladium Ltd.

Southern Palladium Limited operates in the mining industry, focusing on the exploration and development of platinum group metals (PGM) projects. The company is actively involved in the Bengwenyama PGM project, aiming to enhance its market position through strategic development and feasibility studies.

Average Trading Volume: 59,694

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$64.17M

For a thorough assessment of SPD stock, go to TipRanks’ Stock Analysis page.

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