Articles On Platina Resources (ASX:PGM)

Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.   Concerns from India’s President earlier this week about nations and mining majo...

Platina Resources (ASX:PGM) has received US$8 million ($12.3 million) in cash from the sale of the Platina Scandium Project to a wholly owned subsidiary of mining giant Rio Tinto (ASX:RIO). Under the deal, less a US$1 million warranty re...

ASX 200 closes about 1.2% higher after CPI eases Industrials and Healthcare lead broad based gains Small cap winners led by RKT, MTO   Australian share markets pushed higher on Wednesday, the ASX200 up about 1.2% at 4pm and rising for a...

Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium. When you’re wielding a double-edged sword, you have to be careful that you don’t...

Our High Voltage column wraps the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium – and today, copper too.   With the recent addition of copper to the US Department...

Albemarle buys into James Bay with a $C109m investment into Patriot RKequity and BMI share their thoughts on Indonesia and nickel Windfall funding for Lynas in the US   Our High Voltage column wraps the news driving ASX stocks with exposu...

RIO boss Jakob Stausholm said in May that prices being paid for tier 1 lithium assets is now too high It has made a move into cheaper, more speculative pre-discovery assets via its mine-finder arm, Rio Tinto Exploration TSX and ASX explore...

Platina Resources has discovered a one kilometre gold mineralised corridor in its Xanadu project’s Hermes prospect in Western Australia. Following the discovery, Platina is set to commence drilling at Hermes later this year. “Our team is v...

Highlights Platina Resources (ASX: PGM) has multiple high-potential projects in the premier mining jurisdiction of Western Australia (WA) PGM highlights that it is well funded to continue with its "sophisticated exploration and drillin...

Australia’s critical minerals plan released Benchmark says the world needs US$66b of nickel investment Advanced-stage nickel explorers are on the cusp of mine development   Our High Voltage column wraps the news driving ASX stocks with ex...

It’s a critical minerals fire sale for investment in the NT, and its government is on board Vanadium is hot. When wasn’t it though? It’s used in rockets And Nolans looks like it’s shaping up to become Australia’s next big REE producer,...

S&P/ASX 200 closes up 0.35% ending three day losing streak, Emerging Companies index up .10% Limeade surges more than 300% after announcing $112 million takeover by by US-based Web Health Services MQR and MinRes accelerate their farm-i...

Platina Resources has identified the presence of multiple new mineralised gold structures at its Brimstone gold project after completing a maiden 4381 metre air core drilling program. The Brimstone gold project covers 70 square kilometres...

Highlights Drilling at the Brimstone Gold Project has defined mineralisation at the Brandy Prospect and the Billabong North Prospect Platina Resources states that the mineralised structures found at the Project are open along strike an...

Lithium spot pricing reportedly plummeted in Q1 2023 And yet ASX lithium producers recorded small downturns, or even minor increases in prices Small Caps of the Week: Westar, Wildcat, WA1 Our High Voltage column wraps the news driving ASX...

The strategically significant Mt Thirsty cobalt and nickel deposit could grow even further ahead of a potential IPO to consolidate and develop the Greenstone Resources and Conico joint venture with assay results 100m east of the main orebod...

Investment banks have turned bullish again on the lithium sector, making sold down stocks look attractive Canaccord’s best lithium stock IN THE WORLD (for upside) is Cleantech Lithium (AIM:CTL) ASX small caps of the week: Westar, Wildcat...

Specialty metals are drawing the attention of some of the world’s biggest miners after Rio Tinto paid a junior $21 million for an obscure scandium project in NSW We check out some of the strange, rare, weird and wonderful metals ASX explor...

Last week the company formerly known as Red Dirt changed its name to Delta Lithium DLI aiming to begin DSO mining operation by the end of 2023, is drilling 25,000m a month across two projects We sat down for a Q&A with veteran company...

Favoured commodities in April: gold, lithium, rare earths 3 resources companies made gains of 100% or more Top ASX resources stocks for April: Western Mines, Larvotto, Besra   April was an okay month if you were invested in the ASX 200 (+...

RBA Board kicks the nation in the goolies again, demanding another 25 basis points Investors seemingly caught by surprise, tanking the market in a matter of minutes Pinnacle Minerals let off the leash by the ASX, but still ahead of the gam...

Global mining giant Rio Tinto has entered into a binding agreement to acquire the Platina scandium project from Platina Resources for a whopping $14 million. The project, located in NSW, comprises a high-grade scandium resource that has th...

Highlights Gold mineralisation within the Penny’s Gold Project is comparable to that at the Garibaldi Deposit (ASX:PGM) and Penny’s Find Gold Mine (ASX: HRZ), says the company. A drilling campaign was conducted at the prospect in Janua...

ShareCafeASX ends five-day losing streak to close 0.23% higher by Peter Milios   After a significant increase in the US market, Australia’s stock market managed to break a five-day losing streak. The S&P/ASX 200 index closed with a 0.23...

The Rio Tinto Ltd (ASX: RIO) share price has gone up slightly after the ASX mining share revealed an appealing acquisition in the scandium space. In the last few years, Rio Tinto has been looking to grow its exposure to materials that are...

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...