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The first drop in platinum mine supply in four years and record car sales, the biggest source of demand, are reducing a surplus of the metal and shoring up prices on the brink of a bear market. Output will drop 4 percent to 6.14 million ounces ...
May 29, 2012 at 00:50 | Source: Bloomberg
South African platinum mining shares dropped to their lowest in more than three years as the metal erased most of this year’s gains, weighing on companies’ potential profitability. The FTSE/JSE Africa Platinum Mining Index (JPLAT) fell 3.7 ...
May 22, 2012 at 23:52 | Source: Businessweek
Platinum's sliding price stands at the mercy of competing "swing factors" that make forecasting prices and the market's balance between physical supply and demand particularly challenging. As the curtain fell on last week's Platinum Week—an ...
May 20, 2012 at 19:23 | Source: Wall Street Journal
JOHANNESBURG (Reuters) - South African stocks ended slightly higher on Monday as platinum mining stocks including Anglo American Platinum reclaimed lost ground after taking a beating for months. Shares of the world's largest platinum miner jumped 2.66 ...
May 28, 2012 at 15:53 | Source: YAHOO!
I have Platinum status with Priority Club as well as Ambassador status with InterContinental Hotels (sort of a program-within-a-program). I never read about any welcome amenity that comes with being Platinum, but I got one anyway when I checked in to a ...
May 27, 2012 at 06:00 | Source: USA Today
JOHANNESBURG (Reuters) - Current platinum prices could endanger investment plans to allow platinum miner Lonmin to ramp up production at key shafts and slash unit costs, the chief executive of the world's third-largest producer of the precious metal said.
May 28, 2012 at 17:19 | Source: YAHOO!
HARARE, Zimbabwe -- Sixty-five miners are awaiting rescue underground at a platinum mine on Tuesday after conveyor equipment collapsed in southern Zimbabwe. National Mine Workers Union head Shadreck Pelewelo said that 20 miners were rescued ...
May 22, 2012 at 12:18 | Source: Huffington Post
JOHANNESBURG -(MarketWatch)- Impala Platinum Holdings Ltd. , the world's second largest producer, said Tuesday that mining has stopped at its key mine in Rustenburg after most workers didn't show up for their shift amid inter-union fighting.
May 22, 2012 at 07:53 | Source: Marketwatch
Prophecy Platinum Corp. (CVE:NKL)(OTCQX:PNIKF) Friday provided results of a full spectrum analysis of Platinum group elements (PGE) on the first batch of samples from its 100 percent-owned Wellgreen project, located in the Yukon. Activation Laboratories ...
May 25, 2012 at 14:59 | Source: proactiveinvestors.com
MUMBAI, May 16 (Reuters) - Platinum jewellery, promoted by Bollywood stars and newly trendy among younger consumers, is slowly beginning to take off in India now the metal is cheaper than traditional favourite gold, and Mumbai businessman Colin ...
May 16, 2012 at 15:31 | Source: Reuters