Platinum Underwriters Holdings, Ltd. declared financial results for the quarter ended June 30, 2009 after the close of trading on the New York Stock Exchange on Tuesday, July 21, 2009. For full story, click here
Price firmness has continued to be manifest in bullion as the New York session got underway this morning. Overnight, mild selling overseas brought gold to lows near $968 per ounce. For full story, click here
Platinum futures dipped in New York on speculation that demand for the metals will remain slack as a recovery in the global economy will be subdued. For full story, click here
Platinum has moved progressively lower in the overseas markets, but really hit the wall just after New York opened, dipping $20 in an hour before going flat for the rest of the day and ending at $1115, down $32. Overnight, platinum has edged higher. For full story, click here
Platinum surged as high as $1165 in early New York trading but then it too fell off, eventually getting stuck between $1140 and $1150, and ending at $1145, up $10. Overnight, platinum is little changed. For full story, click here
Platinum surged 1.3 percent to $1,136.25 in New York and London. For full story, click here
Along with most other precious metals, the price of platinum was seen lower in New York, after equities markets experienced gains, this Monday. Platinum for April delivery ended the session in New York down $14.20 to $1,049.40 per troy ounce. For full story, click here
Sylvania Resources said that it was applying for a licence to mine the Vygenhoek platinum group metals deposit at Everest North on the eastern limb of the Bushveld complex. For full story, click here
The company announced that the Board of Directors has elected Michael E. McGuire, Jr., 43, as a director of the Company. For full story, click here
South African based mining entrepreneur, Mr Loucas Pouroulis, indicated that he was looking forward to replicate the success of Eland Platinum (of South Africa) with another platinum venture called Kameni, which will develop new mines in South Africa and Zimbabwe. For full story, click here
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