Wesizwe Expects Cost of Platinum Mine to Rise
Mining Weekly reported Wesizwe (PINK:WSZWF) is now expected a new Bakubung platinum mine to cost R12 billion.
Articles Tagged "wesizwe"
PTM and Wesizwe Studying Potential Platinum Synergies
Mining Weekly reports Platinum Group Metals (TSE:PTM) and Wesizwe Platinum (JNB:WEZ) have started a joint study to determine the benefits of joining their properties.
Wesizwe Platinum Says It Sees Consolidation Opportunities With Local Mines
Bloomberg reports that Wesizwe Platinum Ltd. (JNB:WEZ) may possibly consolidate with mines adjacent to its South African project.
Platinum Group Metals’ Partner Completes Transaction with Chinese Consortium
Platinum Group Metals Ltd. (TSE:PTM,NYSE:PLG) reports that its partner Wesizwe Platinum Ltd. (JSE:WEZ) has closed financing.
South Africa’s Wesizwe Platinum has secured $66mln equity facility
South Africa’s Wesizwe Platinum declared that it has secured a $66.42 million standby equity facility with U.S. based investment fund Yorkville Global Investments. For full story, click here
Platinum developer WeSizwe scoops ZAR 550m financing
WeSizwe, an advanced stage South African platinum group metals stock, declared that a ZAR 550m three year equity standby distribution facility with a division of Jersey City, NJ. For full story, click here
Platinum off to a Weak Start
In Tokyo, Spot platinum fell more than three percent on Monday on renewed concerns about demand for the metal. The cash price stood at $1,421.50/$1,441.50 per ounce, compared to late New York levels of $1,474.50/1,494.50.
Wesizwe transforms into platinum miner from explorer
South African platinum company Wesizwe Platinum Ltd has evolved itself this year into a platinum miner from an exploration player. Robert Raiy, company’s acting chairman, said: The company completed a feasibility study on its flagship Frischgewaagd-Ledig project a year ahead of schedule, paving the way for the start of construction work and the production of ore [...]
