Gold Passing Platinum
Mining Weekly reported the number of ounces of gold needed to buy an ounce of platinum is back under a one-to-one ratio.
Articles Tagged "gold"
Golden Touch Resources Corp. – Breaking New Ground in Albanian Precious Metals Mining
Golden Touch Resources Corp. (CVE:GOT; FSE:0GT) is an exploration company focused on advancing its package of gold, platinum, and chromite projects in northern Albania.
Gold Advances Above Platinum Prices as Global Slowdown Spurs Haven Demand Q
Bloomberg reports gold prices climbed above platinum prices as concern about a global economic slowdown boosted demand for a haven.
Platinum Rises in the Shadow of Gold
While platinum remains below its 2007 peak, it may be a better investment than gold.
Is Platinum Treading The Gold Path?
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.
Platinum Sales Drop, SA Miners Hurt
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?
Nortec acquires Haukiaho PGM Project in Finland
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.
Colossus hits more significant results
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.
Platinum will glitter more on strength of gold
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
Colossus Closes $24.7 Million Financing
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.
