Platinum Market News Directory

Zimbabwe Defends Mine Ownership Plan

Reuters reported that Zimbabwe's President defended his government's plan to take majority control of foreign-owned mining companies, saying investors must pay for exploiting Africa's mineral wealth.

India’s Platinum Demand to Rise 25% this Year

Business Standard reported that demand for platinum in India is likely to rise twenty five per cent this year, attributed to growing consumers’ interest in bridal jewellery and other innovative collections.

Global Platinum shortfall Continues

Mineweb reported that the World Platinum Investment Council’s (WPIC) second ever Platinum Quaterly report has revealed that the global platinum demand exceeded supply by 700 000 ounces in 2014.

Platinum Prices to Rebound from Five-year Low

Mineweb reported that platinum prices are poised to rebound from a five-year low due to shrinking platinum stockpiles, rising demand from car manufacturers and new uses of platinum being charted out in the energy field.