Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) says platinum group metals may be a better investment than gold.
Continue reading "Norilsk Says Platinum May Be Better Investment Than Gold"
Tuesday, September 13, 2011
IBTimes reported Norilsk Nickel (LON:MNOD) approved a public buyback of its shares at $306 per ordinary share and $30.6 per ADR.
Continue reading "Platinum Producer Norilsk Nickel in Share Buyback"
Wednesday, March 2, 2011
Platts reported that Rusal will appeal the Nevis court's decision to hand out an injunction on the disposal of Norilsk Nickel shares held by Nickel's subsidiaries.
Continue reading "Russia’s Rusal to Appeal Court Decision on Norilsk Case"
Friday, June 5, 2009
Platinum prices, already on the positive track, got a boost this week from declining greenback and the announcement of GM’s Bankruptcy. GM’s bankruptcy is by no means a positive for platinum, as the auto industry accounts for approximately half of global platinum demand; however, platinum’s price has been reflecting the impending bankruptcy for many weeks.
Continue reading "GM bankruptcy lends relief to platinum"
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Tuesday, February 7, 2012