Platinum prices have, however, halved since a record high of $2,290 an ounce in March 2008 on dwindling sales in the car industry and bleak prospects. For full story, click here
Read the full article: "Platinum prices halved since a record high..."
Tuesday, March 31, 2009
There has been a reported hike in inflows into physically-backed precious metals ETCs of ETF Securities. The firm informed that investment in platinum was the largest in over a year while gold holdings have increased to an all-time high. For full story, click here
Read the full article: "Record hike in platinum ETF’s"
Monday, March 30, 2009
Anglo Platinum fell 3.48 percent to 498 rand in today’s trading session. For full story, click here
Read the full article: "Anglo Platinum fell 3.48%"
Monday, March 30, 2009
Impala Platinum Holdings Ltd. lost 7.30 rand, or 4.8 percent, to 145.70 on third day. Investec cut its recommendation on the second-largest platinum producer to “hold” from “buy.” For full story, click here
Read the full article: "Impala Platinum Holdings dipped 4.8 percent"
Friday, March 27, 2009
Analysts reported that gold may perform strongly in the short term, but platinum might be a better investment bet in the medium term. Max Koep, head of equities at Deutsche Bank in South Africa, stated: We view the ongoing global recession, risk aversion and limited capital flows through the first half of this year as [...]
Read the full article: "Is it Gold or Platinum?"
Friday, March 27, 2009
Lonmin Plc., the world’s third- largest platinum producer reported that the surplus of the metal this year may exceed some analysts’ estimates as production cuts lag behind a dip in demand caused by lower vehicle sales. For full story, click here
Read the full article: "Lonmin’s platinum surplus may exceed..."
Thursday, March 26, 2009
Consumers are increasingly turning to platinum jewellery in preference to gold as a result of the precious metal’s recent fall in price, it has been revealed. For full story, click here
Read the full article: "Platinum jewellery demand surges due to fall..."
Thursday, March 26, 2009
Aquarius Platinum Ltd., the world’s fourth-largest platinum producer declared that the company will raise as much as $249 million from bond and share sales to pay for its proposed acquisition of Ridge Mining Plc. For full story, click here
Read the full article: "Aquarius Platinum to raise $249 million to..."
Wednesday, March 25, 2009
Stocks of Lonmin, the third-largest platinum producer, increased 6.2 percent to 1,625 pence in UK. For full story, click here
Read the full article: "Lonmin increased 6.2 percent"
Wednesday, March 25, 2009
Platinum’s 20% gain this year points to a repeat of 2008’s record-breaking run to $2,250 an ounce. For full story, click here
Read the full article: "Platinum’s gain points to a repeat of..."
PlatinumInvestingNews.com maintains a focus on Platinum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Platinum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on platinum trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, March 31, 2009