Monday’s equity market rally switched precious metals to a negative track. As equities rose, the precious metals were less enticing to investors, and this was reflected in their value. Platinum for April delivery ended the session in New York down $14.20 to $1,049.40 per troy ounce.
Continue reading "Equity rally bad news for platinum"
Thursday, March 5, 2009
Platinum Group Metals Ltd. signed an agreement with Japan Oil, Gas and Metals National Corp. for an optional US$10 million over 5 years to earn 35% of Platinum Group’s War Springs Project interest in South Africa. For full story, click here
Continue reading "Platinum Group Metals Signs US$10 Mln Option Funding deal"
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Wednesday, March 18, 2009