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Platinum Group Metals' tumble

Shares in budding miner Platinum Group Metals (CN:PTM) slumped to a 52-week low on Friday as the company said it needed to source additional funding to maintain operations at its flagship Maseve mine in South Africa.

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Platinum Group Metals is considering selling assets as it seeks working capital

Additional working capital was required to maintain its covenants with lenders and to continue operations, with the company considering options including selling assets, debt or equity.

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