Barrick Gold has confirmed that it has dropped plans to develop the Sedibelo platinum project in South Africa. Not to worry. The story for the metal has only just begun.
Continue reading "Is Platinum Treading The Gold Path?"
Friday, October 23, 2009
Though platinum prices have near doubled to 1350/oz this week from a low of 732/oz last October, for the miners in South Africa, it is still an uphill task. The SA government's talks to takeover ownership of mines could potentially scare off investors. How will the platinum producers operate in a constrained environment?
Continue reading "Platinum Sales Drop, SA Miners Hurt"
Thursday, October 15, 2009
Nortec Ventures Corporation (TSX VENTURE:NVT)today announced the acquisition of the Haukiaho Palladium-Platinum-Gold-Copper-Nickel Project from an Australian company, Vulcan Resources Limited.
Continue reading "Nortec acquires Haukiaho PGM Project in Finland"
Thursday, June 4, 2009
Colossus Minerals (TSE:CSI) reported today results from the first two of it's Phase II drill results. Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium. This mineralization was intersected starting at 208.4 meters down hole. True widths have yet to be reported.
Continue reading "Colossus hits more significant results"
Monday, April 27, 2009
Interest in platinum and palladium as a safe haven investment in tandem with gold may intensify in 2009 as uncertainty in the global economic and financial system is expected to persist into 2010. For full story, click here
Continue reading "Platinum will glitter more on strength of gold"
Tuesday, March 10, 2009
Colossus Minerals Inc. announced today the closing of its bought deal offering saying that a total of $24.7 million has been raised including 1.5 units of the over-allotment. Proceeds of the financing will mainly be used to advance the Serra Pelada gold and platinum group metal project in Brazil.
Continue reading "Colossus Closes $24.7 Million Financing"
Monday, March 9, 2009
The eventual rebound in the auto industry, demand from Chinese consumers, the likely uptick in investor demand, combined with the inherent scarcity of the the metal and its high cost of production, make for a very attractive investment in Platinum. For full story, click here
Continue reading "Platinum: Undiscovered Gold?"
Wednesday, March 4, 2009
As per Alison Turner of Blue Oar Securities, the current strength in platinum reflects it hitching a ride on gold. For full story, click here
Continue reading "Platinum set to decouple from gold?"
Friday, February 27, 2009
Platinum is less than half the price it was a year ago, and the price differential with gold has come down to almost zero. For full story, click here
Continue reading "Platinum-Gold price differential comes to almost zero"
Monday, February 23, 2009
High prices of gold in India are forcing buyers of the precious metal these days to shift loyalties and buy platinum. For more information, click here
Continue reading "Indian buyers prefer Platinum over Gold"
For upcoming platinum investing trade shows, see the following links: World Platinum Congress, Cambridgehouse, IIC, Chicago Resource Expo
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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.
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Tuesday, November 3, 2009