ASX-Listed PGMs Miners
Panoramic Resources Limited (ASX: PAN)
Panoramic is a diversified miner with exposure to nickel, gold and PGMs. The company holds two PGMs projects, namely, Panton PGM and Thunder Bay North PGM.
Panton PGM Project
The project of the company is 60km north to the Halls Creek, East Kimberley Region, Western Australia. The project contains a resource of 14.32 million tonnes with an average grade of 2.19 g/t of platinum, 2.39 g/t of palladium, and 0.31 g/t of gold on granted mining leases.
The Top Reef tenement of the project contains 4.40 million tonnes of Measured Resources, 4.13 million tonnes of Indicated Resources, and 1.56 million tonnes of Inferred Resources.
The Middle Reef tenement of the project contains 2.13 million tonnes of Measured resources, 1.50 million tonnes of Indicated Resources, and 0.6 million tonnes of Inferred Resources.
The overall resources account for ~ 2 million ounces of platinum and palladium.
To Know the Significance of the Mineral Resources, Do Read: Smart Ways To Invest In A Commodity Stock
Thunder Bay North PGM Project
The Thunder Bay North PGM project of the company is about 50km north-northeast of Thunder Bay in north-west Ontario, Canada.
The project contains a resource of 10.35 million tonnes with an average grade of 1.13 g/t of platinum, 1.07 g/t of palladium.
The open-pit of the project contains 8.46 million tonnes of Indicated Resources and 53,000 tonnes of Inferred Resources.
The Underground of the project contains over 1.36 million tonnes of Indicated Resources and 0.47 million tonnes of Inferred Resources.
The detailed resource profile of the companyâs PGMs tenements are as below:
(Source: Companyâs Report)
The shares of the company last traded at A$0.315 (as on 23 September 2019), up by 3.28 per cent against previous close on ASX.
Platina Resources Limited (ASX: PGM)
The company is into the core exploration and development of precious metals resource including gold, platinum and palladium. The PGMs prospect of the company includes:
- Skaergaard gold and PGM project
- Qialivarteerpik multi-element project
- Munni Munni PGM and gold project
Munni Munni PGM and gold project
The PGM and gold project of the company is in the Pilbara region, Western Australia, and is among one of Australiaâs most substantial PGM occurrences. The prospect includes a total resource of 23.6 million tonnes with an average grade of 1.1 g/t of gold and 1.5 g/t of platinum.
The company entered into a binding agreement with Artemis Resources (ASX: ARV) in 2015 and provided Karratha Metals Pty Ltd (a subsidiary of ARV) an opportunity to earn a 70 per cent interest in the Mining Leases held by the company via expending A$750,000 in exploration over a three-year period.
Skaergaard gold and PGM project
Skaergaard, which is on the east coast of Greenland which contains the worldâs largest undeveloped palladium and gold resources with an Indicated and Inferred Mineral Resource estimate of 203 Mt with an average grade of 1.33 g/t of palladium and 0.88 g/t gold.
The share of the company last traded at A$0.029 (as on 23 September 2019), unchanged against its previous close on ASX.
From many other ASX-listed players with exposure to platinum and palladium, the few are as below:
Plus found these two here https://www.asx.com.au/documents/products/asx-metals-and-mining-sector-profile.PDF:
AQP AQUARIUS PLATINUM LIMITED 388.4 Precious Metals & Minerals Bermuda
NKP NKWE PLATINUM LIMITED 68.1 Precious Metals & Minerals Bermuda
