PGM sells Waterberg stake to Impala

A year in which palladium prices rise nearly 40% year-to-date and platinum prices spend at least some of the time above US1,000/oz should be a good one for a company that mines the two metals, but that hasn’t been the case for Canada’s Platinum Group Metals (CN:PTM).

Waterberg JV surface infrastructure under construction

17 October 2017
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A month after selling its sole-producing Maseve mine under the gun of a balance sheet crunch, Platinum Group has now agreed to sell up to a majority stake in its higher-potential Waterberg project to

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