Exploration & Processing - Winter 2010 - (Page 48)

PLATINUM GROUP METALS LTD. Platinum Group Metals develops large-scale platinum mines in South Africa, where approximately 80 percent of the world’s platinum is produced. WORKING IN THE HEART PLATINUM GROUP METALS HAS CONCENTRATED ITS OPERATIONS ON THE DEVELOPMENT OF MINES IN SOUTH AFRICA. COMPANY PROFILE Platinum Group Metals Ltd. www.platinumgroupmetals.net Headquarters: Vancouver, British Employees: About 50 Specialty: Platinum mine develR. Michael Jones, president, CEO and director: “Discovering 48 | EXPLORATION-PROCESSING.COM Columbia, Canada opment new mines is extremely exciting.” y focusing on the development of large-scale platinum mines, Platinum Group Metals Ltd. takes part in the exploration of an “environmental metal,” Director, President and CEO R. Michael Jones says. “[Platinum’s] major use is in the tailpipe of our cars, cleaning emissions,” he explains. “It’s one of the few products of mining that [can lead to] a better environment.” Based in Vancouver, British Columbia, Canada, Platinum Group concentrates on the development of mines in South Africa, “the heart of the platinum industry,” Jones says. The company, which was founded in 2000 and employs a staff of 50, has offices in both Canada and Johannesburg, South Africa. Platinum Group has mineral rights in South Africa’s Bushveld Igneous Complex, which hosts 80 percent of the world’s platinum production. The main focus of the company’s work, Jones notes, is in the Western Bushveld Joint Venture, a large area in the western limb of the complex. “We hold 67 square kilometers [there] in joint venture with a local company called Wesizwe,” he says. The venture satisfies the spirit and intent of the New Mining Act in South Africa, which “is designed to empower local South Africans that were effectively disenfranchised by the apartheid regime,” Jones says, noting that Wesizwe owns 26 percent of the property. “We own 74 percent and we’re the operator.” WINTER 2010 http://www.platinumgroupmetals.net http://www.exploration-processing.com

Table of Contents for the Digital Edition of Exploration & Processing - Winter 2010

Exploration & Processing - Winter 2009
Editor’s page
Preparing for an Economic Upturn
Renewable Funding
Emergency Preparedness Case Study
Slater Controls
quasar energy group
The Crossing Co.
Discovery Drilling Contractors
Mantra Venture Group
Alaska Clean Seas
Peregrine Diamonds
Platinum Group Metals Ltd.
TG Engineering Inc.
Abacus Mining & Exploration Corp.
Advanced Rig Services
Bell Industries Inc.
Canrig Drilling Technologies Ltd.
Cat Construction
Equipment Maintenance Services
Galloway Oilfield Construction Ltd.
Latex Construction Co.
PC Gold Inc.
Spearing Service
Processes Unlimited International Inc.
Global Industries Ltd.
ESG Solutions
Herman Oil Co.
Peat Resources
Innovative Fuels
Juhl Wind Inc.
Kane Instrumentation
MWD Services LLC
Nevada Geothermal Power Inc.
Oski Energy LLC
Paresources Inc.
Powertech Uranium Corp.
Avanti Mining Inc.
BlackBrush Oil & Gas – Texstar Midstream
The Coeur d’Alenes Co.
Vibration Technology Inc.
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Exploration & Processing - Winter 2010