North American Palladium recently confirmed the results of an NI 43-101 resource estimate for the Offset High Grade Zone, its fault-displaced extension of the Roby deposit.

The company revealed that the indicated resource has now been upgraded from 3.2 million tonnes to 12.3 million tonnes - an increase of 280 per cent.

http://www.marketwire.com/press-release/North-American-Palladium-Ltd-TSX-PDL-939511.html

Camec has revealed that commissioning of its $214 million platinum project in the south of the Great Dyke is set to take place during the fourth quarter of 2009, the Herald reports.

"We have already completed the first stage of drilling. We are expecting to complete the feasibility study by May. Everything is on schedule," Walter Shamu, Managing Director of Todal Mining Private Limited, in which Camec has a 60 per cent stake, told the newspaper.

http://www.herald.co.zw/inside.aspx?sectid=278&cat=8

Beartooth Platinum Corporation has revealed the final results of the 2008 drilling programme at its Stillwater Project.

The company drilled three core holes in the Iron Mountain Target Area and nine in the Chrome Mountain Target Area and now believes there is great potential for mineralisation along the 15km 'B' Chromitite horizon.

http://www.marketwire.com/press-release/Beartooth-Platinum-Corporation-TSX-VENTURE-BTP-940842.html

Staying with the Stillwater Project, Nevoro has also disclosed the results of its initial core drilling programme at the site.

Two holes were drilled to examine the pgm-bearing 'A' and 'B' reefs in the Ultramafic Series sequence and the sizeable Ni-Cu-Co sulphide mineralisation in the Basal Series sequence south of and parallel to the JM Reef.

The first (MV-08-01) was abandoned at 120m as a result of bad conditions, while the second (MV-08-02) revealed six pgm-enriched chromite-bearing reefs and intersected a PGM-enriched sulphide-bearing pegmatoid reef.

One of the six chromite-bearing reefs was found to have a particularly high-grade horizon of 0.5m at 9.90 g/t pgm, which included more than 1 g/t of rhodium.

http://www.marketwire.com/press-release/Nevoro-Inc-TSX-NVR-947418.html

Meanwhile, Australian resource firm Blackthorn Resources has been granted new order prospecting rights for the Mokopane nickel and platinum project on the Bushveld Complex in Limpopo, South Africa.

"This is another great opportunity for the company to progress and develop one of its assets," said Managing Director Scott Lowe.

"In conjunction with its 26 per cent black economic empowerment partner, Blackthorn Resources is currently looking at strategic options to add value to this project."

http://www.blackthornresources.com.au/uploads/documents/ASX ANN_Amended Grant Mokopane Prospecting Rights_20090127_NoCoverLetter.pdf

Sylvania Resources has confirmed that the Broken Hill section of its Lannex plant was successfully commissioned in October 2008.

However, construction of its dump re-mining classification and pgm plants has been delayed to the end of the 31st March 2009 quarter.

In addition, the current pgm prices have led it to downgrade its Mooinooi project to 37,000 tonnes per month.

The company's new Doornbosch chrome and pgm recovery plant - which will eventually add 26,000 pgm oz per year in steady-state production - has been fast-tracked, with construction now underway and commissioning due for June 2009.

Finally, it also revealed that construction of its Tweefontein plant will now go ahead in March 2009 and is expected to treat 37,000 tonnes of dechromed material per month.

www.sylvaniaresources.com/pdf-SLVQrtReportandApp5B311208.pdf -

Sylvania has also announced that it is applying for a licence to mine the Vygenhoek pgm deposit at Everest North, located on the eastern limb of the Bushveld Complex, after conducting feasibility studies.

www.sylvaniaresources.com/pdf-SLVQrtReportandApp5B311208.pdf

Marathon PGM Corporation has confirmed that it has received the N! 43-101 F1 technical report into the feasibility study of its fully-owned Marathon PGM-Cu project, situated 10km north of Marathon in Ontario, Canada.

President and CEO Phillip Walford said: "In four years, we have developed an economically attractive deposit. Even now, the Marathon district has years of unexplored potential."

http://www.newswire.ca/en/releases/archive/February2009/03/c5020.html

Elsewhere, junior explorer Metals Creek Resources Corporation has revealed that it has located high-grade platinum and palladium at its Betts Cove property on the Baie Verte Peninsula in the Canadian province of Newfoundland.

President and CEO Sandy Stares told The Beacon: "It just so happened that we had experience with platinum-group elements before. We saw the rock and thought maybe we should run it for platinum."

http://www.ganderbeacon.ca/index.cfm?sid=218073&sc=305

Barrick Gold has been given the green light by the Russian government to increase its holding in the Fedorova Tundra deposit in the Murmansk region from 50 per cent to 79 per cent.

The company is developing the pgm deposit jointly with Russian exploration firm Pana.

http://www.ippmedia.com/ipp/observer/2009/02/08/131225.html

With junior miners struggling to access credit in the current financial landscape, Nedbank Joint Head of Mining and Resources Mark Tyler has suggested they should seek funding from bigger companies for exploration projects, Mining Weekly reports.

He told the news provider: "The major mining companies, even in the current financial crisis, have large pools of liquid capital, which could be accessed by junior miners."

http://www.miningweekly.com/article.php?a_id=153033

Colossus Minerals recently revealed the results of its first systematic assaying of drill core for the pgm suite at its Serra Pelada project in Para State, Brazil.

The company assayed 7.88m at 98.4 g/t platinum, 115.7 g/t palladium, 2.74 g/t rhodium and 1.52 g/t iridium at the site.

http://www.marketwire.com/press-release/Colossus-Minerals-Inc-TSX-CSI-948183.html

Following the news, the junior miner's shares soared by 59 per cent to $2.55 on 11th February.

http://www.stockhouse.com/Community-News/2009/February/11/Junior-miner-soars-on-precious-metal-grades

Finally, Pan African Resources has confirmed that it has taken up a $1 million exclusive, non-refundable option to purchase 100 per cent of the shares in Phoenix Platinum Mining.

Pheonix currently owns some of the rights relating to the treatment of a number of chromite tailings dumps and instances of pgms on the western limb of the Bushveld Complex.

The project is believed to have the potential to last for 18 years and to produce around 21,000 pgm oz per year.

http://www.panafricanresources.com/rns_pdf/Option%20acquired%20to%20purchase%20Phoenix%20Platinum.pdfhttp://www.metorexgroup.com/ops_platinum.htm