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Posted On: 01/15/2025 4:10:46 PM
Post# of 112
NetworkNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Financial Results and Waterberg Project Progress
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold (“PGMs”) alongside copper and nickel by-products, aiming to be among the world’s largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium into lithium battery technologies. Detailed financial statements and management discussions are available on SEDAR+ and EDGAR.
NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://nnw.fm/PLG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold (“PGMs”) alongside copper and nickel by-products, aiming to be among the world’s largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium into lithium battery technologies. Detailed financial statements and management discussions are available on SEDAR+ and EDGAR.
NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://nnw.fm/PLG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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