Summary
Platinum Group Metals Ltd. (PLG) FAQ
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Platinum Group Metals Ltd. Profile
| Metals & Mining Industry | Materials Sector | Frank R. Hallam CPA CEO | AMEX Exchange | 72765Q882 CUSIP |
| CA Country | 13 Employees | 17 Dec 2018 Last Dividend | 17 Dec 2018 Last Split | - IPO Date |
Overview
Platinum Group Metals Ltd. is a mining company founded in 2000 with its headquarters located in Vancouver, Canada. The company is primarily involved in the exploration and development of precious metals, focusing on platinum and palladium. It is known for its significant involvement in the Waterberg project, which occupies a prominent position on the Northern Limb of the Bushveld Igneous Complex in South Africa. Holding a 50.02% interest in this project, Platinum Group Metals Ltd. targets the extraction of a range of valuable minerals, including palladium, platinum, gold, copper, nickel, and rhodium, underscoring its critical role in the global precious metals market.
Products and Services
- Exploration and Development of Platinum and Palladium Properties
The company's core business revolves around the exploration and development of sites rich in platinum and palladium. Through rigorous geological surveys and advanced mining techniques, it seeks to uncover and process high-value deposits of these precious metals.
- Precious Metals Mining
Beyond platinum and palladium, Platinum Group Metals Ltd. extends its mining operations to include gold, copper, nickel, and rhodium. This diversification allows the company to tap into multiple segments of the market, catering to the varied demands of the precious metals industry.
- Waterberg Project
A flagship venture, the Waterberg project, represents a significant part of the company's portfolio. It is a large-scale endeavor aimed at mining palladium, platinum, and other valuable minerals in South Africa, promising to contribute substantially to the company's growth and to the regional economy.
- Next-Generation Battery Technology Development
Innovatively leveraging its expertise in metals, Platinum Group Metals Ltd. also engages in the development of next-generation battery technologies. These initiatives primarily utilize platinum and palladium, aiming to produce more efficient and environmentally friendly power sources for various applications, including electric vehicles.
Contact Information
