Latest Platinum News

Accent Resources has completed the sale of its Norseman Gold Project and received A$3.0 million in cash, giving its Magnetite Range iron ore strategy immediate funding. A further A$1.0 million remains conditional on mining-lease and operating approvals.

Accent Resources has reinforced its Magnetite Range strategy after independent testwork produced up to 68% Fe concentrate using a dry processing route. The company also reported cash of A$5.505 million, a Norseman sale worth up to A$4.0 million and an 11,568-metre drilling campaign now underway.

Zimplats will replace long-serving chief executive Alexander Mhembere with internal successor Dr Stanley Segula from 1 November. The handover preserves operational continuity while Mhembere remains chairman of the company’s Zimbabwean operating subsidiary.

Western Mines Group has completed its latest Mulga Tank drilling campaign and reported a 2,647Mt mineral resource containing 7.2Mt of nickel. The exploration milestone is significant, but the company’s reported cash covers less than half a quarter of recent outgoings.

Metallium has moved its Texas processing strategy closer to commercial testing, recording its first US$500,000 technology-services payment and preliminary PCB recoveries above 90%. The next proof point is whether those results can survive commissioning, product qualification and the funding demands of an 8,000-tonne-per-year operation.

Arbitr Group generated NZ$0.34 million of operating cash in the September quarter despite NZ$0.86 million in fraud, remediation and restructuring costs. The result offers a useful operating signal, but the company ended the period with just NZ$2.16 million in cash after confirming total losses of about NZ$9 million from a former US employee’s misappropriation.

Future Metals has advanced its Panton PGM project with an updated 4.24Moz PtEq resource, a potentially lower-capital processing route and two competing development pathways. A completed A$3.6 million placement funds the next phase, while the Savannah option still depends on commercial agreement and further technical work.

Terra Metals has expanded its Southwest PGM-Cu-Ni discovery to approximately 1,350 metres of strike after drilling 76,000 metres, with a maiden Mineral Resource Estimate targeted for Q1 2027. The company ended September with A$57.9 million in cash, while more than 40,000 samples remained awaiting assay.

Southern Palladium’s Bengwenyama project has emerged from its latest study with a sharply higher forecast value, a 30-year mining right and a much larger chrome contribution. The development case is stronger, but the project still requires permits, external funding and further technical confirmation.

Azzuro Resources has outlined conceptual exploration targets of up to 55 million tonnes across two Mongolian copper projects, while a strategic investment from Kerry Resources Logistics provides fresh funding for the next phase. The quarter also delivered high-grade Red Hill drilling, but the targets remain short of Mineral Resource status and quarter-end cash was only A$1.615 million.

Empire Resources has reported a busy September quarter at Yuinmery, with notable copper, gold and palladium-platinum intersections alongside rare earth oxide results reaching 1,712.5ppm TREO+Y. The exploration push comes as the company prepares more drilling and an updated resource estimate while holding $2.571 million in cash.

Kingsrose Mining has cleared a major Finnish permitting hurdle that supports a targeted January 2027 drilling campaign at Penikat, although appeals remain possible until 20 November. The explorer also reported A$16.7 million in cash, late-year Finnmark assays and ongoing efforts to secure a funding partner for its Norwegian portfolio.