Platinum Group Metals reached a milestone this morning with news that its Maseve mine (formerly called WBJV Project 1) in South Africa produced its first concentrate for delivery. News of hot commissioning comes as the platinum price continues to bump along at about US$940 an ounce, levels visited during the height of the 2008 financial… Continue Reading
A slow day for mining news as commodity related stocks continue to sell off. Today I take a look at the news from Klondex Mines and Platinum Group Metals. Klondex Mines – (KDX:TSX) – Klondex Mines has released 2nd quarter production results this morning. The Midas Mine and the Fire Creek project in Nevada combined… Continue Reading
A look at some of the news out today in the mining world with a few additional comments on each. Mariana Resources (MARL:AIM) – Mariana is out with an update on the Hot Maden prospect in Eastern Turkey. Mariana so far in my opinion is the exploration story of 2015 after hitting two monster drill… Continue Reading
Platinum Group Metals (PTM.T) has had 24 drill rigs turning on the Waterberg joint venture and Waterberg Extension projects. The drilling program has been successful at expanding and detailing the Waterberg T, F and Super F Zones. An updated resource estimate is under way which will be followed by a Pre-Feasibility study. Platinum Group owns 49.9% percent… Continue Reading
