Pgm Mining News

Southern Palladium Limited
Southern Palladium Limited
SPD
South Africa

SPD: Southern Palladium presents to Australian Gold Conference

Southern Palladium announced significantly improved economics for its Bengwenyama PGM-Chrome Project following an updated Pre-Feasibility Study, with post-tax NPV more than doubling to US$1.96 billion and IRR increasing to 39.1%. The study highlights enhanced metallurgical recoveries, particularly for chrome, and a staged development approach. The company is advancing towards a Definitive Feasibility Study and early development.

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Podium Minerals Limited
Podium Minerals Limited
POD
Western Australia

POD: Quarterly Activities/Appendix 5B Cash Flow Report

Podium Minerals Limited reported significant advancements in its Parks Reef PGM Project, with Phase 3 optimization test work delivering a step-change in concentrator performance, including increased flotation and overall copper recoveries, and an 18% increase in combined 3E PGM product grade. The company also secured a non-binding Memorandum of Understanding for a strategic Australia-U.S. PGM supply chain partnership and successfully completed a A$4 million underwritten share purchase plan to fund ongoing metallurgical work and general working capital.

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Southern Palladium Limited
Southern Palladium Limited
SPD
South Africa

Material Update in Project Value via Updated PFS

Southern Palladium Limited announced an Updated Prefeasibility Study (PFS) for its Bengwenyama PGM-chrome Project, showing a post-tax NPV of US$1.96 billion (up 129%) and an IRR of 39.1% (up from 26.4%). The significant value increase is attributed to DFS-level metallurgical test work, which elevated chrome to a co-product with 85.6% recovery, and an updated commodity price outlook. The study also highlights a faster payback period of 2.8 years and a premium PGM concentrate grade, despite an increase in peak funding to US$329 million.

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New Age Metals Inc.
New Age Metals Inc.
NAM
Ontario

New Age Metals Initiates 2026 Platinum Group Metal Exploration At River Valley, Ontario

New Age Metals Inc. has commenced a 2026 platinum group metal (PGM) exploration program at its River Valley Project in Ontario, focusing on a DasVision 3D Induced Polarization survey over the Mustang Zone. This program, the first systematic exploration in the area since 2002, aims to generate high-priority drill targets and support the expansion and upgrading of mineral resources. The initiative is bolstered by recent multi-year highs in platinum and copper prices, and strong rebounds in palladium and rhodium.

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