Walter de Wet Discusses Platinum Outlook
Mineweb reported an interview with Standard Bank's Walter de Wet discussing the future of platinum and platinum group metals.
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Tag Archive | "platinum demand"
Platinum Use in Cars Expected to Increase to $7 Billion
Thursday, December 15, 2011
Mining Weekly reported carmakers will use $7-billion worth of platinum in catalytic converters next year, diminishing overstock as production declines.
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China Lifting Platinum Demand to 2-Year High
Tuesday, November 15, 2011
IBTimes reported rising Chinese purchases of platinum jewelry will boost global demand for the metal to a two-year high in 2011.
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Platinum Price to Benefit From Strike Action in South Africa?
Thursday, July 21, 2011
Business Insider reports that as strikes go on in South Africa platinum prices keep going up with demand for the metal increasing as stockpiles dwindle.
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Medium Term Platinum Outlook – Volatility and Decline
Monday, July 11, 2011
Mineweb reports that Impala Platinum's (PINK:IMPUY) CEO David Brown says platinum demand will fall and prices will remain volatile for the next few months.
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Platinum Surplus Seen Jumping Eightfold After Japan Quake Cuts Car Output
Thursday, May 26, 2011
Bloomberg reports the global platinum surplus may jump eightfold after Japan’s worst earthquake slashed car production, reducing the country’s demand to the lowest level in 28 years.
Platinum price could soar beyond predicted $1 900/oz, says GFMS
Friday, May 20, 2011
Mining Weekly reports that GFMS says the company’s predicted platinum price of $1,900/oz is a base case scenario because US monetary possible could push the platinum price to over $2,000/oz.
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Platinum’s Fate May Be Determined In Zimbabwe
Wednesday, April 6, 2011
The effect of Japan's earthquake on auto makers has a major impact on platinum markets because it affects demand. However, a move to nationalize mines in Zimbabwe may also play a major role in platinum's future due to potential effects on supply.
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Anglo Platinum Raises Output Forecasts for 2011
Monday, February 7, 2011
Reuters reports that the global economic recovery has stimulated demand for platinum worldwide, prompting higher profits for Angloplat (JSE:AMSJ.J). The article is quoted as saying: Angloplat…said it plans to increase output to 2.6 million ounces this year, up from an initial target of 2.5 million ounces. To read the full article, click here.
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Palladium Deficit, Platinum Balance Expected in 2011
Friday, November 19, 2010
Investor Resource.com reports that increased global demand for Platinum will bring balance in 2011.
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- Colossus Minerals – gold and platinum group metals in Brazil
- Golden Touch Resources Corp. – Breaking New Ground in Albanian Precious Metals Mining
- Prophecy Platinum Corp. — Developing Its Wellgreen PGM Nickel Property in Canada’s Yukon Territory
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Tuesday, January 24, 2012