Platinum showed extreme volatility in 2008, rising to an all-time high of $2,290 an ounce in March on the back of a power shortage in major producer South Africa, before falling to a five-year low of $732.50 in October.
Continue reading "Platinum’s future eludes analysts"
Monday, November 17, 2008
South Africa’s Northam Platinum posted a 14 percent rise in output in the first four months of the 2009 financial year despite a heavy drop in global commodity prices. For full story, click here
Continue reading "Northam says production up 14 % in 4 mts of 2009"
Tuesday, September 23, 2008
Platinum started the week off on a good note, prices rose more than 3 percent as the greenback weakened and a renewed optimism on platinum’s future market returned to analysts.
Continue reading "After brief retreat, platinum falls again"
Thursday, August 21, 2008
Northam Platinum has bought the Booysendal platinum project in a move that will boost production of platinum group metals to more than 700,000 oz a year by 2015. Derek Wolstenholme, Corporate Finance Manager at Northam Platinum, told Reuters: Production would be “slightly more” than double what it is now. For more information, click here For company’s website, click here
Continue reading "Northam to boost platinum production"
For upcoming platinum investing trade shows, see the following links: World Platinum Congress, Cambridgehouse, IIC, Chicago Resource Expo
PlatinumInvestingNews.com maintains a focus on Platinum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Platinum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Wednesday, January 28, 2009