Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Western Bushveld complex, South Africa. It also develops next-generation battery technology using platinum and palladium. Platinum Group Metals Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada.
IPO Year:
Exchange: AMEX
Website: platinumgroupmetals.net
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Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - March 1, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" or the "Company") is pleased to announce positive results from its Annual General Meeting held on February 28, 2023 in Vancouver, British Columbia.The meeting had a turnout of shareholders representing 52.54% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. The number of directors is fixed at six and on a show of hands the Shareholders elected management's six nominees for directors. Details of the proxy voting are as follows:DIRECTORNUM
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 28, 2022) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" or the "Company") is pleased to announce positive results from its Annual General Meeting held on February 28, 2022 in Vancouver, British Columbia. The meeting had a turnout of shareholders representing 54.42% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. The number of directors is fixed at six and on a show of hands the Shareholders elected management's six nominees for directors. Details of the proxy voting are as follows:DIREC
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 8, 2021) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" "PTM" or the "Company") announces that Frank Hallam has been appointed to the position of President and Chief Executive Officer ("CEO") effective immediately, following his serving as Interim President and CEO since July 2021. Mr. Hallam's appointment was unanimously approved by the Board of Platinum Group. Diana Walters, Chair of the Board commented, "Frank has led the Company well over a four-month transitionary period and the Board is confident that he will continue to provide the leadership and expertise required to guide the
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - August 9, 2021) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" "PTM" or the "Company") reports that on August 5, 2021, South African President Cyril Ramaphosa appointed Mr. Enoch Godongwana as South Africa's Minister of Finance. As a result, Mr. Godongwana has resigned as a member of the Board of Directors of the Company so that he may focus his efforts as Minister of Finance.The Board of Directors of Platinum Group wishes to thank Mr. Godongwana for his contribution to the Company and wish him well in his future endeavours, particularly as the newly appointed Minister of Finance.Platinum Grou
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 22, 2021) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" "PTM" or the "Company") announced today that Mr. Enoch Godongwana has been appointed as a non-executive independent director to the Company's board, bringing the number of directors to seven. Mr. Godongwana obtained an Msc degree in Financial Economics from University of London in 1998 and has served in numerous roles in government, trade unions and industry. Mr. Godongwana brings invaluable knowledge of the South African business environment. He spent the early part of his career working for the National Union of Metal Workers of
NetworkNewsWire Editorial Coverage NEW YORK, Nov. 21, 2024 /PRNewswire/ -- 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. Addit
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- via InvestorWire — Platinum Group Metals Ltd. (NYSE:PLG) (TSX:PTM) today announces its placement in an editorial published by NetworkNewsWire (NNW), one of 70+ brands within the Dynamic Brand Portfolio at IBN a cutting-edge communications and digital engagement platform with a focus as a multifaceted content creator, publisher, and news distributor providing tailored Platform Solutions for select private and public companies to amplify visibility and recognition with large, diverse audiences of investors. To view the full publication, "Key Metals Surge, Unlocking New Opportunities for Savvy Mining Investors," please visit: https://ibn.fm/iHnxl
NetworkNewsWire Editorial Coverage NEW YORK, Nov. 19, 2024 /PRNewswire/ -- 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 inflati
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 21, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports that Lion Battery Technologies Inc. ("Lion") has engaged The Battery Innovation Center ("BIC") in Newberry, Indiana to help drive commercialization of its next generation platinum and palladium based battery chemistries. Lion is advancing both proprietary lithium-sulfur and enhanced lithium-ion (NMC) technology using the unique catalytic properties of platinum and palladium. The BIC is a collaborative initiative designed to partner with commercial enterprises, renowned universities, government agencie
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - May 17, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports that exploration borehole WE153 has intercepted platinum group metals mineralization consistent with both the T Zone and F Zone as found within the mineral resources and reserves of the proposed Waterberg Mine, located on the Northern Limb of the Bushveld Complex in South Africa, (the "Waterberg Project"). Borehole WE153 was collared on prospecting rights owned by Waterberg JV Resources (Pty) Ltd. ("Waterberg JV Co.") located adjacent to the north of the Waterberg Project mining right. The borehole c
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - April 12, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the six month period ended February 28, 2023 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium ("4E") mine and is projected to be one of the largest and lowest cost underground platinum group metals ("PGM" or
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - March 30, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports that an infill drill campaign (the "Infill Drill Program") underway since November 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"), has been completed. All 16 planned T Zone boreholes and 16 planned F Zone boreholes have been drilled.Drill cores from the completed boreholes have been logged, and the mineralized intercepts recovered have been sampled and sent for assay by Intertek Genalysis Minerals in Australia. Final as
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - March 1, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group" or the "Company") is pleased to announce positive results from its Annual General Meeting held on February 28, 2023 in Vancouver, British Columbia.The meeting had a turnout of shareholders representing 52.54% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. The number of directors is fixed at six and on a show of hands the Shareholders elected management's six nominees for directors. Details of the proxy voting are as follows:DIRECTORNUM
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 26, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports that an infill drill campaign (the "Infill Drill Program") underway since November, 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"), is well advanced. Before a scheduled break over the recent holiday period, 16 planned T Zone boreholes and 6 of 16 planned F Zone boreholes were completed. Drilling is once again underway on site. Drill core from completed boreholes has been logged, and mineralized intercepts recovered w
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2023) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2022 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium ("4E") mine and is projected to be one of the largest and lowest cost underground platinum group metals ("PGM" or "
PALM BEACH, Fla., Dec. 22, 2020 /PRNewswire/ -- During the current pandemic, most investors are focusing on gold or silver and other ores & metals, but fluorspar should also be on their radar… not because it trades like gold and silver, but because it is a necessary component in sectors that are projected to grow significantly over the next several years. Fluorite is used for several purposes. The primary users are the chemical, metallurgical, and ceramic industries, but it is also an essential component in the lapidary and optical industry. There are three different grades of processed fluorite: ceramic, metallurgical and acid. Acid grade fluorspar is the most purified form of fluorite
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On Thursday, 369 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Coca-Cola (NYSE:KO). The smallest company by market cap to hit a new 52-week low was Neptune Wellness Solns (NASDAQ:NEPT). Aethlon Medical (NASDAQ:AEMD)'s stock fell the most, as it traded down 838.3% to reach a new 52-week low. American Tower (NYSE:AMT)'s stock showed potential to rebound, rebounding up 0.0% after reaching a new 52-week low. The following stocks achieved new 52-week lows on Thursday: Bank of America (NYSE:BAC) shares hit a yearly low of $25.56. The stock was down 0.73% on the session. Bristol-My
Friday's session saw 225 companies set new 52-week lows. Significant Points From Today's 52-Week Lows: Norfolk Southern (NYSE:NSC) was the largest, in terms of market cap, to set a new 52-week low. Grom Social Enterprises (NASDAQ:GROM) was the smallest firm by market cap to set a new 52-week low. IMAC Hldgs (NASDAQ:BACK)'s stock moved significantly downwards, trading down 2592.31% to reach a new 52-week low. TH International (NASDAQ:THCH) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Friday are as follows: Kenvue (NYSE:KVUE) stock drifted up 0.4% on Friday morning to hit a new 52-week low of $20
During Wednesday's trading, 103 companies set new 52-week lows. Interesting Facts About Today's 52-Week Lows: Estee Lauder Cos (NYSE:EL) was the biggest company in terms of market cap to set a new 52-week low. Esports Entertainment (NASDAQ:GMBL) was the smallest company in terms of market cap to set a new 52-week low. ExlService Holdings (NASDAQ:EXLS)'s stock moved significantly downwards, trading down 80.66% to reach a new 52-week low. IDT (NYSE:IDT) saw the biggest bounce back on, as shares traded up 0.04% to rebound after it hit its new 52-week low. The following stocks created new 52-week lows on Wednesday: Estee Lauder Cos (NYSE:EL) stock drifted down 1.97% on Wednesday m
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Gainers CynergisTek, Inc. (NYSE:CTEK) shares surged 100% to close at $1.18 on Tuesday after the company entered into a definitive agreement to be acquired by Clearwater Compliance for roughly $17.7 million. Better Therapeutics, Inc. (NASDAQ:BTTX) jumped 69.8% to settle at $2.19 after dropping 12% on Monday. Better Therapeutics recently posted a Q1 loss of $0.41 per share. America's Car-Mart, Inc. (NASDAQ:CRMT) shares surged 30.8% to close at $99.98 after reporting better-than-expected Q4 results. Quantum Computing, Inc. (NASDAQ:QUBT) gained 26.3% to close at $1.97. Quantum Computing’s 8-K showed that the company and Project Alpha Merger entered deal to buy QPhoton. Platinum Group M
Russia's invasion of Ukraine and resulting sanctions on Russia are putting pressure on several sectors including commodities. Two precious metals that could be affected by the global crisis are palladium and platinum. What Happened: The U.S. and other countries are imposing sanctions on Russia, which could impact exports out of the country across varying sectors. Russia is the largest global producer of palladium and the No. 2 producer of platinum, two metals that could be impacted by the Eastern European conflict. Thirty-nine percent of the global refined supply of palladium comes from Russia, according to Kitco. The country also accounts for around 11% of global platinum supply. Palla
Gainers Zogenix, Inc. (NASDAQ:ZGNX) shares surged 65.7% to close at $25.92 on Wednesday after the company announced it will be acquired by UCB for approximately $1.9 billion. G Medical Innovations Holdings Ltd (NASDAQ:GMVD) jumped 45.4% to close at $6.12. EH Hutton, on Tuesday, initiated coverage on the stock with a Buy rating and a $6 price target. Valneva SE (NASDAQ:VALN) gained 45% to close at $47.52 after results from an initial laboratory study demonstrated that serum antibodies induced by three doses of Valneva's COVID-19 vaccine candidate, VLA2001, neutralize the omicron variant. Vivos Therapeutics, Inc. (NASDAQ:VVOS) surged 41.1% to settle at $2.30 after the company announced
On Monday morning, 60 companies achieved new lows for the year. Points of Interest From Today's 52-Week Lows And Highs: Ginkgo Bioworks Holdings (NYSE:DNA) was the largest firm on a market cap basis to set a new 52-week low. Palisade Bio (NASDAQ:PALI) is the smallest company on a market cap basis to set a new 52-week low. Applied Therapeutics (NASDAQ:APLT)'s stock moved significantly downwards, trading down 29.61% to reach a new 52-week low. Nerdy (NYSE:NRDY) shares actually gained 0.0%, rebounding after it reached its 52-week low. These stocks set new 52-week lows during the first half-hour of trading on Monday: Ginkgo Bioworks Holdings (NYSE:DNA) stock hit a new 52-week l