---
title: "Platinum Group Metals posts MD&A for nine months ended May 31, 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292813729.md"
description: "Platinum Group Metals released its MD&A for the nine months ended May 31, 2026. Pre-production work at the Waterberg Project continues, with USD 1.8 million capitalized in the period, bringing total accumulated costs to USD 55.2 million. Drilling began mid-June for metallurgical testing, and early site works restarted. The company aims to secure financing and offtake agreements, exploring options including new smelting capacity in South Africa or a Saudi-linked processing route."
datetime: "2026-07-15T20:32:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292813729.md)
  - [en](https://longbridge.com/en/news/292813729.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292813729.md)
generator: "portal-rs"
---

# Platinum Group Metals posts MD&A for nine months ended May 31, 2026

-   Platinum Group Metals published its MD&A for the nine months ended May 31, 2026, with pre-production work continuing at the Waterberg Project. \* Waterberg spending capitalized at USD 1.8 million; accumulated capitalized costs reached USD 55.2 million; total project spend since inception about USD 92.9 million. \* Work advanced on a staged development option via a T-Zone Study; drilling began mid-June, collecting 398 kg from six boreholes for metallurgical testing. \* Early site works restarted, including engineering for a temporary 22kV, 3MVA power supply; initial procurement covers borrow pits, roads, water, accommodation. \* Outlook centers on securing financing and concentrate offtake or processing; alternatives include new smelting capacity in South Africa or a Saudi-linked processing route. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Platinum Group Metals Ltd. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**