• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Platinum Group Metals Operational and Strategic Process Update

    Melissa Shaw
    Jul. 31, 2017 09:18AM PST
    Precious Metals

    Platinum Group Metals (TSX:PTM)(NYSE:PLG) (“Platinum Group” or the “Company”) provides a corporate update regarding the previously announced restructuring of the Maseve Mine, development work at Waterberg and the ongoing strategic alternatives process. Maseve Platinum Mine The Company has successfully changed the operating plan at Maseve and lowered its cost structure to align with a reduced production …

    Platinum Group Metals (TSX:PTM)(NYSE:PLG) (“Platinum Group” or the “Company”) provides a corporate update regarding the previously announced restructuring of the Maseve Mine, development work at Waterberg and the ongoing strategic alternatives process.
    Maseve Platinum Mine

    The Company has successfully changed the operating plan at Maseve and lowered its cost structure to align with a reduced production ramp up profile. Production guidance will be provided as operations commence under the new operating plan in the months ahead.
    Contractor terminations and consultations with labour unions have been completed in a positive climate of mutual respect and in accordance with the South African Labour Act. All major contracts and union agreements have been settled and agreed promptly, in-line with the Company’s budgeted plan. This has allowed for detailed manpower planning for the new mine plan going forward.

    Click here to read the full text release. 

    tsx:ptmcorporate updatemarket newsnyse:plgmaseve mineplatinum group metals
    The Conversation (0)

    Go Deeper

    AI Powered
    Eastern Platinum Limited

    Eastern Platinum Limited

    JSE:AMS

    Amplats Says Profits Will Soar on Higher PGMs Prices

    Latest News

    Update On The Mosseau Drill Program And Details Of New Fall, 2025 Exploration Program

    Locksley Advances Multiple Antimony & REE Workstreams

    Option Exercise Nets $2.3M to Expand Exploration at Pinjin

    Locksley Resources Limited Advances Multiple Antimony and REE Workstreams

    Blackstone Minerals Investment Mankayan Project Update

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES