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NATURE OF OPERATIONS
 12 Months Ended
Aug. 31, 2023
Disclosure Of Nature Of Operations [Abstract]  
NATURE OF OPERATIONS [Text Block]

1. NATURE OF OPERATIONS

Platinum Group Metals Ltd. (the "Company") is a British Columbia, Canada company formed by amalgamation on February 18, 2002. The Company's shares are publicly listed on the Toronto Stock Exchange in Canada and the NYSE American, LLC ("NYSE American") in the United States of America. The Company is a development stage company conducting work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Key metals of economic interest on the Company's mineral properties include platinum, palladium, rhodium, gold, copper, and nickel.

The Company's head office and principal place of business is located at Suite 838-1100 Melville Street, Vancouver, British Columbia, Canada, V6E 4A6. The Company's registered and records office is located at Suite 2300, 550 Burrard Street, Vancouver, British Columbia, Canada V6C 2B5.

These financial statements consolidate the accounts of the Company and its subsidiaries. Lion Battery Technologies Inc. ("Lion") is accounted for using the equity method as the Company jointly controls Lion despite owning a majority of Lion's shares. The Company's subsidiaries, associates and joint ventures as at August 31, 2023 are as follows:

          Place of
incorporation
and
operation		     Proportion of ownership
interest and voting power held		  
Name of subsidiary   Principal activity     August 31,
2023		     August 31,
2022		  
                         
Platinum Group Metals (RSA) (Pty) Ltd.   Development     South Africa     100.00%     100.00%  
Mnombo Wethu Consultants (Pty) Limited(1)   Development     South Africa     49.95%     49.95%  
Waterberg JV Resources (Pty) Ltd.(1),(2)   Development     South Africa     37.05%     37.05%  
Lion Battery Technologies Inc.   Research     Canada     52.30%     53.70%  
   

Notes:

(1) The Company controls and consolidates Mnombo Wethu Consultants (Pty) Limited ("Mnombo") and Waterberg JV Resources (Pty) Ltd. ("Waterberg JV Co.") for accounting purposes.

(2) Effective ownership of Waterberg JV Co is 63.05% when Mnombo's ownership portion is combined with Platinum Group Metals (RSA) (Pty) Ltd. ("PTM RSA") ownership portion.