TSX- and NYSE-listed Platinum Group Metals’ (PTM’s) key business objective in the months ahead is to advance the palladium-dominant Waterberg project, in South Africa’s Limpopo province, to a development and construction decision following the positive results of a definitive feasibility study (DFS), which provided a solid value assessment for the project. The Waterberg DFS projects a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium (4E) mine, with steady state production of 420 000 oz/y of 4E and a 45-year mine life on current reserves.
