Precious Metals: Spot Platinum Inches Up
CNBC reported precious metals trading on Monday noting spot platinum inched up slightly.
CNBC reported precious metals trading on Monday noting spot platinum inched up slightly.
Mining Weekly reported Northern Shield (TSXV:NRN) has firmed up a joint venture agreement with Impala Platinum (JSE:IMP) regarding the Idefix property.
Mining Weekly reported Wesizwe (PINK:WSZWF) is now expected a new Bakubung platinum mine to cost R12 billion.
Mining Weekly reported the global glut of platinum will require a significant change in demand to see any impact in prices through 2012.
CNBC reported on precious metals trading noting platinum fell on a surplus.
Bloomberg reported on commodities trading on Thursday noting platinum fell the most in nearly a month.
Mining Weekly reported platinum registered its seventh consecutive gross surplus in 2011 and was likely to experience a similar outcome in 2012.
The Street reported on metals trading on Wednesday noting platinum fell on disappointing manufacturing data.
Bloomberg reported platinum miners fell even as South Africa's All-Share Index rose to an all-time high.
Reuters reported that although South Africa's FTSE/JSE All Share Index closed at an all-time high, spot platinum's drop hurt some miners.
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