Platinum Underwriters Holdings, Ltd. declared financial results for the quarter ended June 30, 2009 after the close of trading on the New York Stock Exchange on Tuesday, July 21, 2009. For full story, click here
Read the full article: "Platinum Underwriters Holdings declared..."
Wednesday, June 24, 2009
Citinickel Mines and Development Corp. has denied an earlier claim of its rival Platinum Group Metals Corp. that the Supreme Court has decided with finality the validity of Platinum’s operating agreement with Oriental Mineral Resources Corp., Citinickel’s parent firm. For full story, click here
Read the full article: "Citinickel Mines chided Platinum Group for..."
Tuesday, June 23, 2009
Aquarius Platinum Limited declared that following recent adjustments to the Standard and Poor’s / Australian Securities Exchange index series, Aquarius has been accepted for inclusion in the S&P/ASX 100, effective from the close of trade on 19 June 2009. For full story, click here
Read the full article: "Aquaris Platinum has stated re-inclusion in..."
Tuesday, June 23, 2009
Xstrata may struggle to fund a hostile bid for Anglo American Plc after the rejection of its offer of a “merger of equals” by Africa’s leading mining company. For full story, click here
Read the full article: "Xstrata has struggled to fund hostile bid..."
Monday, June 22, 2009
Anglo American Plc’s board unanimously rejected a proposal from Xstrata Plc for a “merger of equals” to create a mining company that would compete with BHP Billiton Ltd., the world’s largest. For full story, click here
Read the full article: "Anglo American Has rejected Xstrata’s..."
Thursday, June 18, 2009
Platinum was mixed on Thursday, July platinum rose $2.40 to $1,207.60 an ounce, while September palladium declined $3.35 to $239.70. The drop in the three month contract price was related to declining crude oil. Last week, prices of both platinum and palladium climbed to their highest levels since November 2008-
Read the full article: "Platinum gets mixed response as crude oil..."
Wednesday, June 17, 2009
Impala Platinum Holdings , the world’s second- leading platinum producer, dipped for a second day, sliding 9.99 rand, or 5.8 percent, to 162.01 rand. For full story, click here
Read the full article: "Impala Platinum Holdings dipped for second..."
Wednesday, June 17, 2009
July PLN9 dipped $17.90, or 1.5 percent, at $1,203 an ounce, taking the lead from weaker crude oil. For full story, click here
Read the full article: "July PLNR dipped $17.90"
Wednesday, June 17, 2009
Platinum Group Metals Ltd. has closed a $35-million financing, with a large portion of the proceeds going to the restructuring of the Western Bushveld Join Venture. For full story, click here
Read the full article: "Platinum Group Metals has closed financing..."
Tuesday, June 16, 2009
Platinum miner Lonmin took the wooden spoon after it said had closed down its leading furnace, based in South Africa. For full story, click here
Read the full article: "Platinum Miner Lonmin has lead FTSE 100 rout"
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Wednesday, June 24, 2009