Tag Archive | "Platinum Market News"

Platinum Outperforms Gold in Janurary

Thursday, February 2, 2012

CNBC reported that even as gold rose to a two-month high, it was no match for platinum which continues to outpace the yellow metal in 2012.

17,200 Miners Fired at Impala Platinum Mine

Thursday, February 2, 2012

Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) fired 17,200 workers after an illegal pay strike halted its Rustenburg mine.

Platinum Rises on Positive Economic Output Data

Wednesday, February 1, 2012

CNBC reported platinum and other precious metals rose in trade on Wednesday on positive economic data from the United States.

18,000 Workers on Strike at Implats’ Rustenberg Mine

Wednesday, February 1, 2012

Reuters reported Impala Platinum (JSE:IMP) said on Wednesday that 18,000 workers are on strike at its Rustenberg mine.

Absa Sells All Implats Stakes on Falling Platinum Prices, Rising Costs

Wednesday, February 1, 2012

Bloomberg reported Absa Group Ltd. sold all its shares in Impala Platinum Holdings Ltd. (JSE:IMP) as platinum prices continue to fall and the outlook for South African mines is bleak.

South African Stocks: Platinum Miners Up and Down

Tuesday, January 31, 2012

Bloomberg reported South African stocks saw unusual trading on the FTSE/JSE Africa All Share Index on Tuesday with platinum miners moving in both directions.

Everest Platinum Mine Under Review After Strike and Stoppage

Tuesday, January 31, 2012

Bloomberg reported Aquarius Platinum Ltd. (ASX:AQP,LSE:AQP) is reviewing the Everest platinum mine after a two-week strike, safety stoppage and low prices have made the mine impractical.

Narrowing Platinum-Gold Spread as Gold Remains at Premium

Tuesday, January 31, 2012

Kitco reported the spread between platinum and gold is narrowing as the price of platinum rises, although it seems unlikely platinum will overtake gold any time soon.

Aquarius Platinum Warns South Africa’s Safety Stoppages Are Harming Market

Tuesday, January 31, 2012

Reuters reported Aquarius Platinum (ASX:AQP,LSE:AQP) has warned a South African drive to cut accidents is causing longer halts to production.

Matt Zylstra: Platinum Potential Underpriced Market

Monday, January 30, 2012

Business Insider reported an interview with Matt Zylstra who says platinum has potential as an underpriced market in 2012.

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