Platinum Prices Driven By Chinese and Indian Auto Markets
Platinum prices made gains on Tuesday, climbing to $1,525 per ounce after opening July at $1,500. The metal is up 5 percent since closing out 2009, an impressive feat given the lingering fears that the European debt crisis could still trigger a double-dip recession.
Platinum Hit By Greek Crisis Despite Positive Outlook
Tuesday was a tough day for metals on the markets and it was no different for platinum. Prices for June delivery on the Comex division of the New York Mercantile Exchange dropped $93.30 to $1,597.20 despite a report published by Johnson Matthey predicting a positive outlook for platinum prices in 2010.
Is Platinum Treading The Gold Path?
Tuesday, November 3, 2009
Barrick Gold has confirmed that it has dropped plans to develop the Sedibelo platinum project in South Africa. Not to worry. The story for the metal has only just begun.
Platinum Sales Drop, SA Miners Hurt
Friday, October 23, 2009
Though platinum prices have near doubled to 1350/oz this week from a low of 732/oz last October, for the miners in South Africa, it is still an uphill task. The SA government's talks to takeover ownership of mines could potentially scare off investors. How will the platinum producers operate in a constrained environment?
Supply Threats to Accelerate Platinum’s recovery
Wednesday, July 29, 2009
As platinum just start down the road to recovery, analysts are already warning that supply threats are likely to boost the metals price to new highs. Platinum prices may climb above $1,500 an ounce “in the next couple of years” as demand recovers amid supply constraints in South Africa, the world’s biggest producer, according to Banc of America Securities- Merrill...
Magma Metals Limited-Quarterly Report for the Period Ended 30 June 2010
Magma Metals Limited (TSE:MMW)(ASX:MMW) released its activities and cash flow report for the quarter ended June 30th, 2010.
Crowflight Announces Bridge Loan and Amends Private Placement Financing
CROWFLIGHT MINERALS INC. (TSE:CML) announced that it has amended the previously announced private placement financing to a $5 million bridge loan from King Place Enterprises Limited with the potential for a further financing of $5 million to be arranged by King Place on a commercially reasonable efforts, private placement basis.
Acquisition of 3 Claims Adjacent to the Villebon Property and Resignation of a Director
St-Georges Platinum and Base Metals Ltd. (CNSX: SX) announced the signature of an arm’s length acquisition agreement for a 100% interest in 3 claims adjacent to the Villebon property located about 21 km south of Louvicourt village and about 45 km south-east of Val d’Or in the Abitibi region.
Platinum Group Metals Update
Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) reported that it has reviewed the recent order of the mines inspector in South Africa with respect to safety measures and operating restrictions on room and pillar mining operations.
Stillwater Mining Company Corporate Update
STILLWATER MINING COMPANY (NYSE: SWC) today released comments from its Chairman and Chief Executive Officer, Francis R. McAllister, regarding the status of various Company initiatives after the first six months of 2010.
Quadra FNX Acquires Shares in Gold Wheaton
Quadra FNX Mining Ltd.(TSE:QUX) has acquired ownership of 20,464,126 shares of Gold Wheaton Gold Corp. through its 100% owned subsidiary FNX Mining Company Inc., representing 12.52% of the resulting issued and outstanding common shares of Gold Wheaton based on Gold Wheaton’s public filings.
Why platinum miners flock to Zimbabwe?
Ibtimes.com reported Why platinum miners flock to Zimbabwe?
Goldbrook Commences 2010 Drill Program on Raglan Project
Goldbrook Ventures Inc. (TSX VENTURE:GBK) reported that drilling has commenced on the Company’s extensive Raglan belt mineral tenures within the Cape Smith Nickel belt of northern Quebec.
Colossus Minerals Commences Drilling for the Extensions of Serra Pelada
Colossus Minerals Inc. (TSE:CSI) reports its drilling for the extensions of precious metal mineralisation on the recently expanded land package situated in Para State, Brazil
The first drill‐holes of the 5,000 metre drill program are targeting the down‐plunge projection of high grade gold‐platinum‐palladium mineralisation in the Central Mineral Mineralised Zone (”CMZ”). To the northeast of the current [...]
India falls for platinum
Ibtimes.com reported India falls for platinum:
- Colossus Minerals – gold and platinum group metals in Brazil
- Nortec – mineral exploration and development in Finland, Canada, and Ecuador
Asides 
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Tuesday, July 13, 2010