Impala Platinum Holdings dipped for second day
Impala Platinum Holdings , the world’s second- leading platinum producer, dipped for a second day, sliding 9.99 rand, or 5.8 percent, to 162.01 rand. For full story, click here
Articles Tagged "holdings"
Impala Platinum Holdings closed for third day following accidents
Impala Platinum Holdings Ltd.’s Marula mine is still shut down after a fatal accident on May 22. Impala is the world’s second-biggest producer of the metal. Government officials are expected to carry out an inspection later today. For full story, click here
Impala Platinum climbed for a second day
Impala Platinum Holdings Ltd., the world’s second- leading platinum producer, climbed for a second day, adding 4.50 rand, or 2.7 percent, to 172 rand. The metal surged as much as 2.9 percent to $1,172.50 an ounce. For full story, click here
ETF Securities platinum holdings dip 5 percent
The amount of metal ETF Securities holds to back its Physical Platinum exchange-traded commodity dipped 5 percent on April 30. For full story, click here
Citigroup has dropped platinum company coverage
Citigroup Inc. announced that it has dropped coverage of the world’s biggest platinum producers after analyst Gerhard Engelbrecht left to join Barnard Jacobs Mellet Holdings Ltd. For full story, click here
Impala Platinum surged by 3.2 percent
Impala Platinum Holdings Ltd., the world’s second- largest of the precious metal, surged 5.40 rand, or 3.2 percent, to 174.40, extending yesterday’s 3.6 percent advance. For full story, click here
Platinum’s alternative investment appeal
Platinum is on track for the best quarter in over a year, as demand for the metal as an alternative to gold has nudged prices up 23 per cent. Platinum’s premium to gold stood at $213.15 an ounce yesterday, compared with $1,041.83 a year ago.
Record hike in platinum ETF’s
There has been a reported hike in inflows into physically-backed precious metals ETCs of ETF Securities. The firm informed that investment in platinum was the largest in over a year while gold holdings have increased to an all-time high. For full story, click here
Impala Platinum Holdings dipped 4.8 percent
Impala Platinum Holdings Ltd. lost 7.30 rand, or 4.8 percent, to 145.70 on third day. Investec cut its recommendation on the second-largest platinum producer to “hold” from “buy.” For full story, click here
