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PGM sells Maseve, shares drop

Platinum Group Metals (CN: PTM) is cutting bait with its troubled Maseve mine South Africa, and will sell it for Royal Bafokeng Platinum Limited (DE:7BF) for US$74 million.

PGM sells Maseve, shares drop PGM sells Maseve, shares drop PGM sells Maseve, shares drop PGM sells Maseve, shares drop PGM sells Maseve, shares drop

PGM's mill at Maseve in South Africa

Vancouver-based PGM’s shares have been steadily sliding over the past year as Maseve has dealt with construction delays, rising costs, and a decision to switch contractors part-way through

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