Articles On Platina Resources (ASX:PGM)

Source: 19 STUDIO, Shutterstock Summary The ASX 200 traded flat on Tuesday after US markets closed lower overnight. The losses in the bank and mining sectors were counterbalanced by the advances made in technology and property sectors...

The company’s exploration strategy at Xanadu will comprise low-cost geophysics and geochemistry to build a deeper knowledge of the geographical potential and to define shallow and deeper targets for drilling.

After six trading days in a row in the green, the ASX finished lower today. The ASX 200 lost 0.30 per cent closing at 6,974 points while the ASX Emerging Companies Index lost 1.08 per cent – closing at 2,070. The best sectors were health an...

Small caps have gained for a sixth straight day, even as their larger peers declined. The Small Ordinaries index of Australia’s 101st to 300th biggest companies finished the week up 6.7 points, or 0.2 per cent, to a fresh 13-year high of 3,...

Source: sitthiphong, Shutterstock The bulls have lost momentum today after a good couple of back to back gaining trading days. The benchmark index ASX 200 traded lower today. By lunchtime, it lost 28.20 points and traded at 6970.60, a decl...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

"This has enhanced the number of options available to create value from the project,” said Platina managing director Corey Nolan.

Artemis Resources (ASX: ARV) today provided an update on the Supreme Court action taken by Platina Resources Limited against Artemis and subsidiaries in relation to the Munni Munni PGE Project in the west Pilbara region of Western Australi...

Summary Amid the ongoing earnings season, many companies including Netwealth Group, Domino’s Pizza and Perpetual announced their financial results on Wednesday. While Netwealth Group Ltd announced a 35 per cent rise in its first-half n...

During the quarter, the company completed the sale process related to Skaergaard Project in Greenland and withdrew from Blue moon joint venture.

The company is reviewing several merger and acquisition opportunities to further build its gold presence in WA.

Summary Platina Resources plans to quickly move to a follow-up soil sampling at the fully owned Challa Gold Project. The November soil sampling has been extremely successful, highlighting numerous highly prospective zones. Australi...

Assaying of 696 soil samples confirms strong correlation to mineralised outcropping veins and the company now plans to conduct new soil sampling at the WA project.

Summary A significant gold producer, Australia sits on substantial untapped minerals. With record gold prices, value of gold-related projects has increased immensely. Platina Resources gauged the market situation at the right time and...

Between August 26 and December 23, 2020, Platina acquired 2,227,763 Nelson ordinary shares for a 5.007% interest.

Summary The flourishing gold market in 2020 brought forth the booming window of opportunity for many. Australia has witnessed a spike in gold exploration activities. Platina Resources is focused on its strategy to build gold portfolio...

Summary Amid the skyrocketing gold prices, the outlook for gold projects in Australia remains positive. Platina Resources has refocussed its activities on Western Australian gold projects with the Challa acquisition and Mt Narryer appl...

Junior explorer Caeneus Minerals (ASX: CAD), after a few years of distractions, is now poised to emerge from the pack in the race to turn the Pilbara into a gold-producing province. But this is a Pilbara gold story with a twist: the ground...

Despite withdrawing from the joint venture project, Platina retains five per cent equity in the Canadian-listed company which has ownership of the Blue Moon Zinc Project.

Summary Platina Resources (ASX: PGM) has completed a soil sampling program at its wholly owned Challa Gold Project. The campaign has indicated potential for lower exploration costs for the project. All samples have been submitted to A...

The recent program has indicated large, mineralised areas which could potentially be explored at a lower cost without the need for aircore drilling.

Summary Platina Resources (ASX:PGM) has closed the sale of its Skaergaard project to Major Precious Metals for AUD 13.7 million. The deal provides funds to advance Platina Resources’ gold projects in Western Australia. The much-awa...

It has received C$500,000 in cash and 55 million Major shares, which based on its last traded price, represents a further C$12.65 million in value for Platina shareholders.

Summary 2020 has been a bumper year for the yellow metal as the safe-haven asset rallied amid the ongoing pandemic crisis. Given the record gold prices, Platina Resources has redirected its focus towards Australian gold from internatio...

Summary Platina Resources has released an investor presentation, reiterating its ‘Going for Gold’ strategy and focus towards unlocking value from its project portfolio. Given the record prices in 2020 for gold and palladium, the Com...

Platina Resources Limited (ASX:PGM) is all set for a significant soil sampling and aircore drilling program at the Challa Gold Project in Western Australia during November 2020. The plan follows promising results returned from the testing...

The company aims to define primary targets for reverse circulation drilling ahead of the upcoming cyclone season.

Summary Platina Resources is inching closer towards the completion of the Skaergaard project sale process with Canadian-listed Major Precious Metals Corp (CSE: SIZE), which is awaiting final approval from the Canadian Securities Exchange...

Summary Platina Resources has been advised by Major Precious Metals regarding the Canadian Securities Exchange approval to complete the acquisition of the Skaergaard Project in escrow pending its final approval. Major has issued the con...

The Skaergaard Project in Greenland hosts one of the world’s largest undeveloped gold deposits and one of the largest palladium resources outside of South Africa and Russia.

After completing the first reconnaissance, the company is now looking to fast-track the next phase to complete some drilling ahead of the hot summer months and cyclone season.

Australia-based Platina Resources Limited (ASX: PGM) is focused on generating value for its shareholders by advancing its projects at different stages of development. Its project portfolio includes the Challa Gold Project, Platina Sc...

The Greenland project is being sold to Vancouver-based Major Precious Metals, which is obtaining approval from shareholders and the Canadian Securities Exchange to complete the transaction.

Australia-based Platina Resources Limited (ASX: PGM) is advancing on the right track, as it continues its efforts towards turning lucrative opportunities into successful outcomes. The Company is yet again stealing the spotlight bolstered .....

A large platinum resource has been established at the Sunrise project, which is 5 kilometres to the south of PSP.

Australia-based Platina Resources Limited (ASX: PGM) has announced a significant milestone concerning the sale of its wholly owned Skaergaard palladium and gold project, located on the east coast of Greenland. In June this year, the Company...

The sale will see Platina become a major shareholder in Major Precious Metals, which will, in turn, become a palladium-focused exploration firm.

Summary Platina Resources has redirected strategy from overseas assets to Australian gold amid travel and lockdown restrictions worldwide due to the COVID-19 pandemic and record gold prices. Two new and promising projects - Challa Gold...

Summary Platina Resources has shifted its strategy towards building a gold portfolio in proven Australian provinces from overseas territories amid escalating COVID-19 related restrictions worldwide. “Going for Gold" strategy has been we...

The revised strategy to build a gold portfolio in proven Australian provinces was transformed into action in June when the company entered into a conditional agreement to acquire the Challa Gold Project.

Australia-based company, Platina Resources Limited (ASX: PGM) advised on 13 August 2020 that all the necessary conditions for the acquisition of a 100 per cent interest in the Challa Gold Project have now been satisfied. A conditional agr.....

The company is planning to mobilise resources for field activities including soil geochemistry and drilling programs.

The funds will be spent towards the new Challa Gold Project and the Munni Munni Platinum Group Metals Project, both in Western Australia.

Australia-based company, Platina Resources Limited (ASX: PGM) recently released its quarterly activities report for the three-month period ended 30th June 2020. The report incorporated key details of activities undertaken by the Company c.....

Australia-based Platina Resources Limited (ASX: PGM) has updated on the completion of a reverse circulation (RC) drilling program at its 30 per cent owned Munni Munni platinum group metals (PGM) project near Karratha in Western Australia......

Summary PGM has boosted its working capital position with investment from Palisades Goldcorp and another major shareholder. The non-brokered private placement will raise AUD 894,400 (before costs) at 4.0 cents per share. Funds raised w...

Funds will be used to advance the company’s portfolio of assets and the potential acquisition of new gold projects in Australia.