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    market news

    Platinum Australia says PFS confirms viability of Rooderand

    Investing News Network
    May. 26, 2011 07:46AM PST
    Precious Metals

    Mining Weekly reports Platinum Australia (ASX:PLA) has started work on a definitive feasibility study for the Rooderand platinum project.

    Mining Weekly reports Platinum Australia (ASX:PLA) has started work on a definitive feasibility study for the Rooderand platinum project.

    The market news is quoted as saying,

    The PFS puts a price tag of R968-million on the platinum project, which would produce a yearly average of 115 000 oz of platinum, palladium, rhodium and gold (4E) over 16 years.

    For the complete market news, click here.

    market newsaustraliaasx:pla
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