Latest Platinum Group Metals News

Pivotal Metals Limited has updated its exploration findings at the Lorraine Prospect in Quebec, revealing a broad corridor of bonanza-grade gold mineralisation alongside significant copper and nickel targets. The company is accelerating fieldwork to define drill targets within this highly prospective greenstone belt.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Pivotal Metals has identified exceptional high-grade gold targets at its Lorraine prospect in Quebec, revealing a vast gold-copper system previously overlooked amid copper-nickel mining. An aggressive exploration campaign is now underway to unlock this promising corridor.

Southern Palladium has secured Environmental Authorisation for its Bengwenyama PGM Project, a crucial step toward mining rights and project development. The company is also refining a phased, lower-capital approach to unlock value and improve financeability.

Podium Minerals has announced a significant expansion of its Parks Reef Project in Western Australia with a new inferred copper-gold resource, enhancing the project's multi-metal portfolio and increasing its payable metals basket value by 21%.

Future Metals NL has announced a partially underwritten entitlement offer aiming to raise approximately AUD 2.64 million to support development of its Eileen Bore Project and working capital needs. The offer opens to eligible shareholders on 15 May 2025 and closes on 30 May 2025.

Terra Metals has exercised its option to acquire HRM Exploration, significantly expanding its Dante Project tenure in Western Australia’s West Musgrave region. The all-scrip deal positions Terra to accelerate exploration in a mineral-rich province analogous to South Africa’s Bushveld.

Future Metals NL has announced a $2.64 million entitlement offer to fund its Eileen Bore Cu-Ni-PGM project, partially underwritten by CPS Capital Group. The offer opens mid-May to eligible shareholders across multiple jurisdictions.

Terra Metals has made significant strides at its Dante polymetallic project, producing three high-grade concentrates and extending mineralisation, while securing a strategic tenement option to expand its resource base.

Future Metals NL has confirmed significant copper-nickel-PGM mineralisation at its Eileen Bore Prospect, unveiling a newly defined 4.5km intrusion. The company also secured A$4.2 million through a placement and planned rights issue to advance development and explore strategic processing partnerships.

Southern Palladium’s March quarter report highlights strong project economics from its Bengwenyama PGM project, with a $1.06 billion NPV and a mining right decision expected in Q2 2025. The company is progressing a Definitive Feasibility Study and project optimisation to accelerate production.