Latest Platinum News

Podium Minerals has made significant strides at its Parks Reef PGM Project, launching a game-changing concentrator flowsheet and progressing a multi-phase drilling campaign, all supported by a successful A$12 million capital raise amid soaring platinum group metal prices.

Peako Limited has intensified its exploration efforts in the East Kimberley region, targeting multiple mineral commodities while implementing prudent cash flow measures including director remuneration deferrals.

Terra Metals has confirmed a new platinum group metal-copper-nickel sulfide discovery at the SW5 target within its Dante Project, revealing a significant expansion of mineralisation beyond existing resources. This second discovery complements the earlier SW6 find and underscores the potential scale of the magmatic sulfide system in Western Australia.

L1 Group Limited reported a $700 million increase in assets under management for the December quarter, driven by strong inflows and positive returns, while performance fees are expected to reach nearly $39 million.

Pivotal Metals has identified several high-potential copper-gold and copper-nickel targets east of the historic Lorraine Mine in Quebec, setting the stage for an intensified drilling campaign in early 2026. Complementary geophysical surveys across the Belleterre district underscore a district-scale mineral system ripe for discovery.

Terra Metals has announced a significant new discovery of platinum group metal, copper, and nickel sulfide mineralisation at the SW6 target within its Dante Project, signalling a promising expansion of its mineral resource base.

IPD Group has acquired Platinum Cables Pty Ltd for $37.5 million, enhancing its mining sector footprint and delivering an 11.5% EPS accretion in FY25 pro forma. The deal positions IPD for expanded cross-selling and deeper customer ties with Australia's largest miners.

IPD Group Limited has agreed to acquire Platinum Cables Pty Ltd for $37.5 million upfront, enhancing its position in the mining sector and delivering an 11.5% accretion to FY25 earnings per share.

GreenTech Metals has responded to an ASX price query following a sharp rise in its share price, confirming no undisclosed information beyond prior announcements. The company highlights its recent acquisition and a strong market for platinum group elements as context.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.

GreenTech Metals has initiated a Phase 1 drilling program at its Munni Munni project in Western Australia, aiming to upgrade a significant historical platinum group element resource to current compliance standards and explore expansion opportunities.