Platinum Underwriters closed yesterday at $34.93. So far the stock has hit a 52-week low of $21.38 and 52-week high of $38.76. Platinum Underwriters stock has been showing support around 33.56 and resistance in the 35.62 range. For full story, click here
Impala Platinum, the world’s second leading platinum producer, declared that it would seek further talks with a South African union planning an indefinite strike next week. For full story, click here
Impala Platinum Holdings Ltd., the world’s second-leading producer of the metal, declared sections of its Impala Lease Area returned to full output on Aug. 10. For full story, click here
Platinum Underwriters closed yesterday at $34.62. So far the stock has hit a 52-week low of $21.38 and 52-week high of $38.76. Platinum Underwriters stock has been showing support around 33.73 and resistance in the 35.13 range. For full story, click here
Aquarius, the world’s fourth-leading producer of platinum, will benefit from surged demand for the metal in the second half of 2009, it has been claimed. For full story, click here
Beverly Hills investment firm Platinum Equity, which recently purchased the San Diego Union-Tribune newspaper, has emerged as a possible buyer of the Boston Globe. For full story, click here
ASX- and Aim-listed platinum producer Platinum Australia expected to grow its production to about 240 000 oz of platinum, palladium, rhodium and gold platinum-group metals (PGMs) by 2014. For full story, click here
Bank of America Merrill Lynch declared that it has surged its forecast for platinum prices in 2010 to an average $1,350 an ounce from $1,250 previously, citing constraints to mine supply. For full story, click here
Platinum Underwriters closed yesterday at $34.08. So far the stock has hit a 52-week low of $21.38 and 52-week high of $38.76. Platinum Underwriters stock has been showing support around 33.31 and resistance in the 35.03 range. For full story, click here
ASX- and Aim-listed platinum producer Platinum Australia expected to grow its output to about 240 000 oz of platinum, palladium, rhodium and gold platinum-group metals by 2014. For full story, click here
Thursday, August 20, 2009