Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) announced the financial results for the nine months ending May 31, 2012.
As quoted in the press release:
At the WBJV Project 1 Platinum Mine in South Africa a twin barrel decline system into the central portion of the deposit is well underway with advancement of more than 370 linear metres at this time. Site establishment and Phase 1 infrastructure was also completed during the reporting period. On site safety performance to date has been very good with only one minor lost time injury to report in over 700,000 man-hours worked.