Melissa West is an experienced writer and researcher. She graduated from Westminster College with a bachelor's degree in communication. As a freelance writer, Melissa specializes in finance and investing. She researches commodities like platinum, palladium, nickel, tungsten, tantalum, diamond, tin and iron on a daily basis for the Investing News Network. Melissa enjoys sharing information that will help her readers make educated investment decisions.
The Street reported platinum prices are up $22 on Monday.
IBTimes reported platinum prices retreated following Anglo American Platinum’s (LSE:AAL) announced it has resolved strikes.
Bloomberg reported Lonmin Plc (LSE:LMI) won support from shareholders for a proposed $817 million stock sale aimed at helping it avoid breaching pledges to creditors.
Bloomberg reported platinum prices dropped in South Africa after two-month strikes ended.
Mining Weekly reported Eastern Platinum (TSX:ELR,LSE:ELR) lost more in the third-quarter on lower prices and lowered production.
Bloomberg reported South Africa’s Finance Minister Pravin Gordhan said the country’s credibility with investors has been hurt by platinum strikes and two credit downgrades.
Reuters reported platinum is expected to ramin in a deficit through the next few years, pushing prices higher.
Reuters reported Anglo American Platinum (LSE:AAL) saya miners are expected to return to work on Thursday after accepting a pay deal to end strikes.
Eastern Platinum Limited (TSX:ELR,LSE:ELR,JSE:EPS) announced financial results for the three months ended September 30, 2012.
CNBC reported platinum rises to $1,583 an ounce going up 1.5 percent.
