6-K

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the period of: April 15, 2011 to May 16, 2011

Platinum Group Metals Ltd.

(SEC File No. 0-30306)

Suite 328 – 550 Burrard Street, Vancouver BC, V6C 2B5, CANADA

Address of Principal Executive Office

Indicate by check mark whether the registrant files or will file annual reports under cover:  Form 20-F [  ] Form 40-F  [X]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [   ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [   ]

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  Yes  [   ]  No  [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-___________

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 16, 2011	“R. Michael Jones”
	R. MICHAEL JONES DIRECTOR & CEO

Exhibit List

99.1     News Release dated May 5, 2011

99.2     News Release dated May 16, 2011
99.3     Material Change Report

EX-99.1

News Release No. 11-208 May 5, 2011

Platinum Group Metals’ Partner Completes Transaction with Chinese Consortium

(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM-TSX; PLG-NYSE AMEX) (“Platinum Group” or the “Company”) announces that its partner Wesizwe Platinum Ltd. (WEZ:JSE) (“Wesizwe”) has closed the proposed US$877 million financing package with a Chinese consortium that includes Jinchuan Group Ltd. (JNMC) and the China-Africa Development Fund. Wesizwe is now funded for construction of its own mine and is well supported for the development of the Western Bushveld Joint Venture (WBJV) with Platinum Group Metals.

Wesizwe has issued the new shares and application has been made to the JSE to list the 829,884,460 Wesizwe ordinary shares. Under the terms of the transaction, Wesizwe will receive an equity injection of US$227 million through JNMC and the China-Africa Development Fund constituting 45% of the fully diluted issued share capital of Wesizwe. JNMC and the China-Africa Development Fund will also secure a project finance loan facility of US$650 million for the completion of the Frischgewaagd-Ledig Platinum Mine.

Platinum Group Metals holds a 74% interest in the WBJV Platinum Mine that has commenced construction activities with Wesizwe holding the remaining 26%. Wesizwe also holds a 100% interest in the adjoining Frischgewaagd-Ledig Project which has also started platinum mine construction. The WBJV Project received an updated Record of Decision from the Department of Mineral Resources of South Africa to proceed with underground development in April 2011 and an application has been made for the full Mining Authorization.

Platinum Group and Wesizwe engineers have started investigations to maximize operational synergies associated with the proximity of the two adjacent projects now in construction. Platinum Group Metals was an architect of the transaction that completed in January 2011 to consolidate the rights within Wesizwe and Platinum Group allowing project finance to move forward.

R. Michael Jones, President and CEO of Platinum Group states, “We are pleased to see the transaction that secures funding for Wesizwe completed.  Jinchuan’s investment into Wesizwe and their involvement in the Western Bushveld Joint Venture is welcomed.  We see opportunities for operational synergies, cost savings and joint efforts to maximize benefits to all stakeholders including the local communities by working co-operatively. ”

PLATINUM GROUP METALS LTD.

         …2

Jinchuan Group Ltd. is a Chinese state-owned company under the jurisdiction of the People’s Government of the Gansu Province, China and is the largest producer of nickel and PGMs in China. JNMC has an integrated business in non-ferrous metals from mining, refining and marketing to project engineering and mining equipment manufacturing.

About Platinum Group Metals Ltd.

Platinum Group is based in Vancouver BC, Canada and Johannesburg, South Africa. Platinum Group has a management team in both Canada and South Africa, which have successful track records of more than 20 years each in exploration, mine discovery, mine construction and mine operations. The Company was formed in 2000 and amalgamated in 2002 and is focused on the development of platinum operations. Platinum Group’s main asset is a 74% interest in the WBJV Project 1 Platinum Mine where an initial construction budget of $100 million is in progress, including underground development. Platinum Group Metals is also in active exploration for platinum in Canada near Thunder Bay Ontario.

On behalf of the Board of

Platinum Group Metals Ltd.

“R. Michael Jones”

President, CEO and Director

- 30 -

For further information contact:

R. Michael Jones, President

or Kris Begic, Corporate Development

Platinum Group Metals Ltd., Vancouver

Tel: (604) 899-5450 / Toll Free: (866) 899-5450

The Toronto Stock Exchange and the New York Stock Exchange - AMEX have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

This press release contains forward-looking statements within the meaning of Canadian and U.S. securities laws. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the timing of any debt/financing for Project 1, the potential to increase the Company’s interest in certain of its projects and further exploration on the Company’s properties. In addition, the results of the feasibility study may constitute forward-looking statements to the extent that they reflect estimates of mineralization, capital and operating expenses, metal prices and other factors. Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in market conditions, the nature, quality and quantity of any mineral deposits that may be located, the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s ability to produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in he Company’s Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.

EX-99.2

News Release No. 11-209 May 16, 2011

Platinum Group Metals Ltd. Announces Acceptance of
Western Bushveld Joint Venture (WBJV) Mining Rights Application

(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM-TSX; PLG-NYSE AMEX) (“Platinum Group” or the “Company”) announces that the South African Department of Mineral Resources ("DMR") has accepted the Company’s application for a mining right for the WBJV Project 1 Platinum Mine.  The application was accepted under the terms of section 22 of the Mineral and Petroleum Resources Development Act, 2002 ("MPRDA").

Acceptance by the DMR indicates that the Company has complied with the submission requirements of the MPRDA and can now move forward to complete and submit its Environmental Impact Assessment ("EIA") and Environmental Management Programme Report ("EMPR") as required by the MPRDA and the National Environmental Management Act (“NEMA”), Act 107 of 1998 and other legislation. Platinum Group has commenced its EIA program for environmental studies for mining and processing related activities. Interaction with local communities and public consultation is ongoing.

President and CEO R. Michael Jones said: "We are pleased with our progress thus far in complying with the requirements of the MPRDA and NEMA.  We commend the DMR for their guidance and effort to help our Company and our partners simplify and secure our mineral tenure in 2010, thereby allowing our project to move forward.  The DMR has also been interactive and responsive with regard to our permit applications for underground exploration and development.”

Our program of investment into the WBJV Project 1 Platinum Mine, for $100 million has commenced and preparatory civil works to start the decline tunnels are underway.  The project is under the management of DRA as EPCM contractor and the owner’s team from Platinum Group.  The Project has proceeded on budget and within a few weeks of the project schedule.

The Project office and safety induction centre has been established utilizing part of the facilities in the Sundown Ranch package purchased by the WBJV operating company, Maseve Investments 11 (Pty) Ltd.  The Sundown Ranch will continue to operate with the business to be independently owned and operated by the current hotel management.  Platinum Group acquired ownership of the land and facilities at Sundown Ranch.  The Hotel facilities provide local resources for meetings with the community.

Implementation and value engineering on the WBJV Project 1 are continuing to look for value, costs savings and risk mitigation as the project advances.

PLATINUM GROUP METALS LTD.

…2

About Platinum Group Metals Ltd.

Platinum Group is based in Vancouver BC, Canada and Johannesburg, South Africa. Platinum Group has a management team in both Canada and South Africa, which have successful track records of more than 20 years each in exploration, mine discovery, mine construction and mine operations. The Company was formed in 2000 and amalgamated in 2002 and is focused on the development of platinum operations. Platinum Group’s main asset is a 74% interest in the WBJV Project 1 Platinum Mine where an initial construction budget of $100 million is in progress, including underground development. Platinum Group Metals is also in active exploration for platinum in Canada near Thunder Bay Ontario.  

On behalf of the Board of

Platinum Group Metals Ltd.

“R. Michael Jones”

President, CEO and Director

- 30 -

For further information contact:

R. Michael Jones, President

or Kris Begic, Corporate Development

Platinum Group Metals Ltd., Vancouver

Tel: (604) 899-5450 / Toll Free: (866) 899-5450

The Toronto Stock Exchange and the New York Stock Exchange - AMEX have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

This press release contains forward-looking statements within the meaning of Canadian and U.S. securities laws. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the timing of any debt/financing for Project 1, the potential to increase the Company’s interest in certain of its projects and further exploration on the Company’s properties. In addition, the results of the feasibility study may constitute forward-looking statements to the extent that they reflect estimates of mineralization, capital and operating expenses, metal prices and other factors. Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in market conditions, the nature, quality and quantity of any mineral deposits that may be located, the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s ability to produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in he Company’s Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.

EX-99.3

FORM 51-102F3

MATERIAL CHANGE REPORT

ITEM 1. NAME AND ADDRESS OF COMPANY

PLATINUM GROUP METALS LTD. (“Platinum Group”)

328 – 550 Burrard Street Vancouver BC, V6C 2B5

Telephone:

(604) 899-5450     Facsimile:

(604) 484-4710

ITEM 2. DATE OF MATERIAL CHANGE

May 16, 2011

ITEM 3. NEWS RELEASE

A news release was disseminated on May 16, 2011 to the TSX as well as through various other approved public media and was SEDAR filed with the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland Securities Commissions.

ITEM 4. SUMMARY OF MATERIAL CHANGE

Platinum Group announced that the South African Department of Mineral Resources ("DMR") has accepted the Company’s application for a mining right for the WBJV Project 1 Platinum Mine.  The application was accepted under the terms of section 22 of the Mineral and Petroleum Resources Development Act, 2002 ("MPRDA").

ITEM 5. FULL DESCRIPTION OF MATERIAL CHANGE

(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM-TSX; PLG-NYSE AMEX) (“Platinum Group” or the “Company”) announces that the South African Department of Mineral Resources ("DMR") has accepted the Company’s application for a mining right for the WBJV Project 1 Platinum Mine.  The application was accepted under the terms of section 22 of the Mineral and Petroleum Resources Development Act, 2002 ("MPRDA").

Acceptance by the DMR indicates that the Company has complied with the submission requirements of the MPRDA and can now move forward to complete and submit its Environmental Impact Assessment ("EIA") and Environmental Management Programme Report ("EMPR") as required by the MPRDA and the National Environmental Management Act (“NEMA”), Act 107 of 1998 and other legislation. Platinum Group has commenced its EIA program for environmental studies for mining and processing related activities. Interaction with local communities and public consultation is ongoing.

President and CEO R. Michael Jones said: "We are pleased with our progress thus far in complying with the requirements of the MPRDA and NEMA.  We commend the DMR for their guidance and effort to help our Company and our partners simplify and secure our mineral tenure in 2010, thereby allowing our project to move forward.  The DMR has also been interactive and responsive with regard to our permit applications for underground exploration and development.”

1 of 2

Our program of investment into the WBJV Project 1 Platinum Mine, for $100 million has commenced and preparatory civil works to start the decline tunnels are underway.  The project is under the management of DRA as EPCM contractor and the owner’s team from Platinum Group.  The Project has proceeded on budget and within a few weeks of the project schedule.

The Project office and safety induction centre has been established utilizing part of the facilities in the Sundown Ranch package purchased by the WBJV operating company, Maseve Investments 11 (Pty) Ltd.  The Sundown Ranch will continue to operate with the business to be independently owned and operated by the current hotel management.  Platinum Group acquired ownership of the land and facilities at Sundown Ranch.  The Hotel facilities provide local resources for meetings with the community.

Implementation and value engineering on the WBJV Project 1 are continuing to look for value, costs savings and risk mitigation as the project advances.

About Platinum Group Metals Ltd.

Platinum Group is based in Vancouver BC, Canada and Johannesburg, South Africa. Platinum Group has a management team in both Canada and South Africa, which have successful track records of more than 20 years each in exploration, mine discovery, mine construction and mine operations. The Company was formed in 2000 and amalgamated in 2002 and is focused on the development of platinum operations. Platinum Group’s main asset is a 74% interest in the WBJV Project 1 Platinum Mine where an initial construction budget of $100 million is in progress, including underground development. Platinum Group Metals is also in active exploration for platinum in Canada near Thunder Bay Ontario.  

ITEM 6. RELIANCE ON SUBSECTION 7.1 OF NATIONAL INSTRUMENT 51-102

N/A

ITEM 7. OMITTED INFORMATION

N/A

ITEM 8. EXECUTIVE OFFICER

The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number:

R. Michael Jones, President & CEO

Phone: (604) 899-5450

ITEM 9. DATE OF REPORT

May 16, 2011

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