Platinum Gaining on Gold in India’s Retail Jewelry Market
Israeli Diamond Portal.com reports that demand for Platinum for in the Indian Jewellery market could rise between 30-40% next year.
Archive for 2010
Oil, gold, platinum, palladium and copper prices up
The Sydney Morning Herald.com reports that Platinum is trading up, and could surpass Gold in 2011.
Gold to hit $1600 next year but platinum, palladium seen as the real stars
Mineweb.com reports that, while Gold is still an attractive investment, analysts feel that Platinum and Palladium may offer a higher return.
Gold Heads for Longest Slump in Three Months as Dollar Climbs
Bloomberg.com reports that Platinum futures were trading down today
Platfields share takes a bath as it plummets in JSE debu
Mining Weekly.com reports that share prices for Platfields dropped by more than half, as it made its’ debut on the JSE.
Financing package concluded by South Africa’s Wesizwe Platinum
Mineweb.com reports that Wesizwe Platinum’s shares rose on news that it has completed $877 million financing package for a major project. The editorial is quoted as saying: Wesizwe said JNMC and CADfund would also secure $650 million in debt for the company and commit to provide any additional funding required to complete the project. Wesizwe’s output [...]
ETF Securities Passes $3 Billion in US Assets Under Management
ETF Securities USA announced today the total assets for its’ six products, now exceed $3 Billion .
Platinum Group approves initial $100m budget for SA project
Mining Weekly.com reports that Platinum Group Metals (AMEX:PLG,TSE:PTM) intends to use 100-million of capital spending for the company’s Project 1 asset in South Africa.
Wallbridge Mining to bulk sample Sudbury Property with Technica Group
Proactive Investors.com reports that Wallbridge Mining (TSX:WM) has entered into an agreement with Technica Group to sample platinum,palladium,gold and copper at its’ Broken Hammer property in Sudbury.
St-Georges Platinum Announces Re-Filing of Continuous Disclosure Documents
St-Georges Platinum(CNSX:SX) announced that the filing of amended and restated annual and interim Management’s Discussion and Analysis is now complete.
