Kameni raises R300m
Platinum-group metals (PGM) and chrome exploration, development and mining company Kameni had raised R300-million in seed capital. For full story, click here
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Platinum rebounds despite poor fundamentals
Tuesday, January 13, 2009
Platinum rebounded early in ’09, and came back into the four digits, the metal’s highest value in over 12 weeks. In 2008 the metal went on a wild ride, hitting a peak of $2,290 per ounce, and then came crashing down to a three digit value. Despite the metal starting the year on a good note, RBC capital markets has cut its platinum price forecast for the next two years.
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Gold exceeds platinum in value
Tuesday, December 16, 2008
Platinum has shed 45 per cent of its value in just nine months. Last Friday the spot price of platinum hit a low of $812.75 per oz. Now, for this first time in 12 years gold has surpassed platinum in value.
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Greenback’s gain triggers precious metals sell-off
Tuesday, December 2, 2008
The sharp retreat of the stock market, combined with a higher US dollar has triggered a broad sell-off in the precious metals. Spot platinum slipped to a session low of $794.50 an ounce, down 8.8 per cent from $871.50 an ounce late on Friday.
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Pacific North West Capital: VP Exploration Retires
Friday, November 21, 2008
Pacific North West Capital Corp. announces the retirement of Mr. John Londry as Vice President, Exploration. For full story, click here
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- Colossus Minerals – gold and platinum group metals in Brazil
- Golden Touch Resources Corp. – Breaking New Ground in Albanian Precious Metals Mining
- Prophecy Platinum Corp. — Developing Its Wellgreen PGM Nickel Property in Canada’s Yukon Territory
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Thursday, March 5, 2009