Looks like the PFS or BFS will be out next week.This is part of...

Looks like the PFS or BFS will be out next week.
This is part of artical on the Bullion desk Web sight.
Should cause some movement.


Lewins stated that Platinum Australia was set to fill the anticipated demand deficit with its three operations in South Africa.

During 2010, the miner was expected to produce 85 000 oz of platinum group metals (PGMs), increasing this to 240 000 oz of PGMs by 2014.

Platinum Australia currently had three projects in South Africa, the first of which is the Smokey Hills mine, producing between 95 000 oz/y and 100 000 oz/y of PGMs. It has a contained resource estimate of one-million ounces.

It also owns the Kalahari Platinum (Kalplats) project, which would produce between 120 000 oz/y and 140 000 oz/y.

Platinum Australia was currently completing the feasibility study on Kalplats, and was expecting to deliver final data by next week.

The company also recently acquired the Rooderand project, in the western limb of the Bushveld Complex, which has a three-million ounce resource. Platinum Australia is awaiting a prospecting licence for the project.