Tuesday, 02 January 2024 12:17 GMT

Missionirnewsbreaks Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Eyes Expanded 4E Reserves, Cost Efficiencies At Waterberg


(MENAFN- Investor Brand Network) Platinum Group Metals (NYSE American: PLG) (TSX: PTM) released its updated Definitive Feasibility Study (“DFS”) for the Waterberg Project, underscoring its scale and economic strength.“The newest DFS updates the original 2019 Waterberg DFS and was prepared by leading engineering firms Stantec and DRA, with South Africa based Fraser McGill providing project management oversight,” reads a recent article.“Among its headline outcomes, the updated study revealed a 20% increase in proven and probable mineral reserves, totaling 23.41 million ounces of combined platinum, palladium, rhodium and gold ('4E') across a 54-year mine life. The report also incorporated enhancements that lowered both capital and operating costs, streamlining the construction and ramp-up schedule.”

To view the full article, visit

About Platinum Group Metals Ltd

Platinum Group Metals is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Implats, Mnombo and HJM. For more information about the company, visit .

NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company's newsroom at

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: imer, Texas

512.354.7000 Office
href="/cdn-cgi/l/email-protection#5411303d203b2614193d27273d3b3a1d067a373b39" target="_blank" rel="noreferrer noopener">[email protected]

MissionIR is powered by IBN

MENAFN05092025000224011066ID1110024443

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search