Corporate Responsibility

Platinum Group Metals takes its responsibilities to our shareholders, the communities where we operate, our employees and the environment very seriously.

Platinum Group is, of course, responsible to its shareholders to execute on the business plan, milestones and steps towards development of world-class platinum mines and maximize our corporate valuation. Platinum Group endeavors to exceed the letter and spirit of the standards of corporate governance through an independent Board of Directors and committees, as well as the requirements for full, true, plain and balanced reporting of our project results. We comply with the US standards for Ethics and Certifications and we have a privacy policy with respect to all of the personal information that we collect.

In addition, we have a responsibility to the communities in which we operate. It is critical that we involve them not only in the decisions that might affect their environment, but also search for opportunities for these people to gain from the regional benefits that may accrue from our activities. We work to foster a climate of mutual respect, as well as open, honest and transparent dialogue. 

Platinum Group Metals is working with local communities to examine opportunities for development beyond mining.  Our efforts have used a "ground up" philosophy that starts with community consultation during the earliest exploration phase.

We are also responsible to all our employees in Canada and South Africa, and especially, to ensure that they are working in safe conditions with appropriate tools, training and support. 

We work with our employees to ensure that decision making and reporting is approached in an open and transparent manner and we encourage involvement from appropriate technical staff.

We updated our independent committees and charters of the Board of Directors in early 2007 in line with increasing corporate governance and documentation standards. This includes a code of ethics for all directors and employees and governance, audit, compensation and nomination committees of the Board of Directors.

In South Africa the Mineral and Petroleum Resource Development Act of 2002 (the "New Act") requires a report card on compliance to the Mining Charter. This Charter covers a number of areas of corporate responsibility in our interaction with the South Africa community and we provide a Report Card, as required under the guidelines of the Act.   We work to meet and exceed local standards wherever we operate.