Platinum Investing News» holdings

Impala Platinum Holdings dipped for second day

Melissa — Wed, 17 Jun 2009 17:11:45 +0000

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

Impala Platinum Holdings closed for third day following accidents

Melissa — Mon, 25 May 2009 15:24:28 +0000

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

Melissa — Thu, 07 May 2009 17:41:49 +0000

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

Melissa — Fri, 01 May 2009 21:19:16 +0000

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

Melissa — Tue, 28 Apr 2009 18:29:45 +0000

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

Melissa — Thu, 09 Apr 2009 19:34:46 +0000

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

Melissa — Wed, 01 Apr 2009 09:28:21 +0000

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

Melissa — Tue, 31 Mar 2009 15:09:31 +0000

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

Melissa — Mon, 30 Mar 2009 15:39:45 +0000

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