Articles On Platina Resources (ASX:PGM)

ShareCafeAustralian PPI rises: ASX up 0.43% at noon by Peter Milios   Australia’s Producer Price Index (PPI) rose by 1 per cent in the March quarter of the year and increased by 5.2 per cent compared to the same period in the previous year....

28 Apr 2023 - A snapshot of the stocks on the move featuring Sunstone Metals (ASX:STM), iTech Minerals (ASX:ITM) and Platina Resources (ASX:PGM).

ShareCafeStocks of the Hour: STM, ITM, PGM                    Sunstone Metals (ASX:STM) has announced that their drilling has intersected a porphyry copper system in a large magnetic complex in their El Palmar deposit in Ecuador. Mana...

Highlights Platina Resources is into advancing early-stage metal projects, and creating value by either sale, joint venture or development. The scandium project is in central NSW, and the company had discovered the resource in 2011 as...

Highlights Platina is a diversified explorer, with interests in gold and scandium, besides investments in other mineral exploration entities At the WA based Brimstone project, where historical drilling suggests broad widths and high-gr...

Chile plans to nationalise its lithium industry, #2 biggest in the world Fastmarkets says immediate impact to global production should be muted, but “there may be some hesitation investing in Chile’s lithium space until further details hav...

China is reportedly considering banning exports of various rare-earth magnet production and process/refining tech In 2010 a diplomatic row with Japan saw Beijing throttle REE exports under the guise of protecting the environment; prices we...

More and more automakers are making inroads into mining industry with Ford joining PT Vale Indonesia Liontown agrees terms with Olympio Metals to farm into Mulline and Mulwarrie lithium projects Nickel sulphide targets, and a 15km copper i...

Highlights Platina Resources has kicked off maiden drilling at its recently acquired project, Brimstone, in Western Australia The company has already completed a cultural heritage clearance program for the project’s five northern prosp...

US and Japan strike a trade deal on electric vehicle battery minerals Ford plans to onshore US mining and processing capability inline with EV goals  Liontown Resources biggest mover this week following Albermarle takeover offer  Our High...

Highlights  Platina Resources has entered a binding agreement to farm out its Mt Narryer Project to Chalice Mining Platina's Managing Director Corey Nolan has commented this would help leverage Chalice's expertise in nickel, copper and...

Platina Resources (ASX:PGM) has signed a binding farm-out and joint venture (JV) agreement with nickel sulphide exploration company Chalice Mining (ASX:CHN) for the Mt Narryer Gold Project in Western Australia. Under the agreement, $2.4 bil...

Speeding up the processing application procedure of EU’s CRMA will help the bloc build its supply chain, experts say Cobalt prices tumble 60% since April 2022 Mincor up 30% for the week Our High Voltage column wraps all the news driving A...

Highlights ASX-listed Platina Resources Limited completed the acquisition of Sangold Resources, boosting its Western Australian project portfolio At the Xanadu Gold Project, the company conducted an RC drilling program, which has manif...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Tesla already has profit margins far bigger than its competitors It plans to cut manufacturing costs for its next generation of vehicles by a further 50% “If Tesla can sell its new model for US$25,000, that will be revolutionary”: Wood Mac...

Platina Resources (PGM) is set to launch its maiden phase of exploration drilling at its recently-acquired Brimstone gold project in Western Australia The company has defined several “priority” drill targets at the project through a geop...

Highlights Geophysics reinterpretation and historical data review has identified new drill targets at Platina Resources’ Western Australia located gold project, Brimstone. The project is 2.5km from Penny’s Find gold deposits and 27km f...

Reporting season wrap: PLS announces maiden divvy on $1.24bn NPAT, AKE and MIN also enjoy skyrocketing lithium profits +US$1.5bn of copper and cobalt is being stockpiled in the DRC due to a dispute If it hits the market cobalt prices will...

We are likely in the early stages of this battery metals super cycle: Sprott Asset Management Lithium supply ‘unlikely to keep up’; copper and nickel supply will also go into deficit Battery metals M&A also ramping up Our High Voltage...

Highlights Platina Resources has identified a new gold exploration target at Xanadu. The new gold prospect, Hermes shows a mineralisation style similar to the fault structure that hosts the 1.4 Moz Mt Olympus gold deposit. As part of...

AVZ’ problems compound with cancelation of mining licence decree for Manono lithium project Shareholders remain in limbo, with AVZ in suspension since May 2022 Aussie-based firm Recharge Industries has been named as the preferred bidder fo...

Highlights Platina Resources continued its ‘going for gold’ strategy in Western Australia during the latest quarter. Assays from drilling at Xanadu project highlighted gold mineralisation at depth. The company boosted its gold portfol...

Tesla (NASDAQ:TSLA) has announced a 100GWh Gigafactory expansion in Nevada It could need up to 115,000t lithium, 15,000t cobalt, 14,000t manganese, 125,000t nickel and 170,000t graphite anode per year Standout Battery Metals Stocks of the...

Lithium producers are releasing some truly stunning numbers for the December quarter Analysts are upgrading their outlook for 2023; ASX producers are heading back towards all-time highs Battery Metals Weekly Winners: Conico, Patriot Batter...

Vanadium demand in batteries expected to grow ~10.6% a year between 2021 and 2050 New supply needed from 2029 as demand overtakes supply: WoodMac “The development of vanadium redox flow batteries for mega scale energy storage is developing...

Platina Resources (PGM) commences a major exploration campaign at its recently acquired Beete and Brimstone gold projects in Western Australia Once permitting and logistics is finalised, Platina will begin drilling at Brimstone, which li...

Highlights: Platina Resources (ASX:PGM) is gearing up to commence a major exploration campaign at its Beete and Brimstone gold tenements. The company is set to commence soil sampling at the Beete project. On the other hand, a drillin...

Highlights: The Mt Narryer Project sits within the western Yilgarn Craton region, which hosts the Julimar nickel and PGM discovery. Platina Resources (ASX:PGM) intends to start exploring the project in early 2023 following the E 09/270...

Core Lithium ready to ship ore to China, with first shipment loaded Green Critical Minerals confirms 160km long rare earths trend in the NT Critical Resources to acquire Gullwing-Tot Lakes property in Canada   Our High Voltage column wrap...

Both the ASX 200 and small cap index were in the green today A massive 11 out 11 sectors finished higher let by Utilities Westpac says rising interest rates and cost of living will hit consumers and businesses after Xmas   The ASX 200 was...

Morgan Stanley bears warn lower Chinese demand could hit lithium prices in 2023 New US plant to double Yank cathode production by 2027 as customer General Motors plots electric makeover Top ASX battery metals stocks this week: NiCo Resourc...

Energy transition metal ETFs a way for retail investors to get exposure to a variety of future-facing metals and stocks Examples on the ASX include CLNE, GMTL, XMET This week’s top battery metals stocks: Trek Metals, Winsome Resources Our...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

Highlights Platina Resources continues to implement its newly developed strategy to boost its gold exploration footprint in Western Australia. The company is awaiting results from drilling programs across its gold portfolio. Platina e...

Highlights Platina Resources (ASX:PGM) is going full steam ahead at its WA gold project portfolio. The ASX-listed explorer has completed phase 1 of the maiden RC drilling at its Xanadu project. PGM has secured assays from the phase 1...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Often lumped in with the rare earths family, scandium has long been considered an ‘if’ metal Its primary use has been as an alloy with aluminium but solid oxide fuel cells are an important growth area Production is scanty but demand is exp...

Platina Resources (PGM) begins a 3000-metre reverse circulation (RC) drilling program at its Xanadu gold project in Western Australia The first phase of the drilling program will target the core four kilometres of a 10-kilometre section of...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

The ASX 200 loses 1.2%, XEC sheds 0.9% Weak leads, sour sentiment hobble Asia-Pac markets BPH adds 200% on word ex-PM shot down its prospects   The S&P/ASX Emerging Companies (XEC) index has lost 0.9% on Tuesday, the benchmark ASX 200...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX200 is up 0.31% with the ABS reporting strong wage growth Seven out of eleven sectors were higher, with consumer staples leading the charge Real wages of Australians are going backwards due to the rising cost of living   The ASX 2...

Platina Resources (PGM) receives firm commitments to raise $2.23 million through a share placement to fund its WA gold portfolio The money will be directed towards reverse circulation drilling at the Xanadu project, phase two air-core dril...

Platina Resources has significantly strengthened its Western Australian gold presence, signing a conditional binding term sheet with Sangold Resources to acquire 100 per cent of the advanced, high-grade, near-surface Brimstone gold project,...

Aussie markets lower Regional markets also sink ahead of US inflation data iSelect jumps 75% on takeover   Local markets were overdue some bloodletting and the Commonwealth Bank (ASX:CBA) drew the first cut in morning trade, boring invest...

Platina Resources (PGM) is acquiring Sangold Resources and three of its projects in WA The company will pay Sangold $2.5 million in shares and $150,000 cash to add the Beete, Binti Binti and Brimstone projects to its portfolio Platina says...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...