Eastern Platinum (ELR-T) “Where there’s smoke, there’s fire,” the saying goes. In the case of Eastern Platinum, the smoke was the multiple delays in closing a deal that would have seen a Chinese buyer pick up Eastern Platinum’s PGM business in South Africa. The flames arrived yesterday after the market close when Beijing Hehe Fengye… Continue Reading

One of the very few bright spots in the resources sector last year was an announcement that came late in the year by Eastern Platinum (ELR.TSX) when they announced a Chinese group (Hebei Zhongbo Platinum Co. Ltd.) would offer to buy the company’s South African platinum assets for US$ 225 million.  At the time, Eastplats… Continue Reading