Platinum Australia has been placed into voluntary administration, citing operational issues at its Smokey Hills mine in South Africa and a costly dispute with a former contractor.
Platinum Australia (PLA) has signed a deal with a Japanese state-owned outfit to progress the exploration program at the company's South African Stellex North Project.
West Perth-based Accent Resources NL will explore West Perth-based Platinum Australia Ltd's Katanning licence for vanadium, titanium and magnetite under a heads of agreement the companies signed today.
West Perth-based exploration company Platinum Australia Ltd has raised $12.5 million in a placement to fund a standby security deposit for its Smokey Hills platinum project.
West Perth-based exploration company Platinum Australia Ltd has acquired an 80 per cent stake in the South Africa's Smokey Hills platinum project through the issue of 15 million shares with a deemed issue price of $23.2 million.
Platinum Australia Ltd's shares are set to begin trading on the London Stock Exchange's Alternative Investment Market. The AIM listing commences after shareholders ratified a $6 million deal to fund African developments.
Platinum Australia Ltd 24-Oct-05 Newsmith Global Opportunities Hedge Fund LP increased its relevant interest from 18,750,000 ordinary shares (15.06%) to 24,850,000 ordinary shares (17.33%).
Platinum Australia Ltd 24-Oct-05 Awarded the contract for Lead Engineer on the Smokey Hills Platinum Project Bankable Feasibility Study and the Kalahari Platinum Project Pre and Bankable Feasibility S
Platinum Australia Ltd 13-Oct-05 Newsmith Global Opportunitites Hedge Fund LP increased its relevant interest from 18,750,000 ordinary shares (15.06%) to 28,750,000 ordinary shares (18.54%).
FURTHERING its tilt at the South African platinum market, Platinum Australia has signed an agreement to acquire an interest in a third project in the platinum rich continent.
AS WA-registered Aquarius Platinum makes final preparations to present its South African interests to the Alternative Investment Market in London, Perth-based Platinum Australia is nearly ready to start up a suburban pilot plant.
THE Australian share market is now six weeks into an eight-week profit-reporting season and with over 90 per cent of companies already reported, investors are looking forward with confidence about full-year prospects.
