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 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.
SMH reported on precious metals trading on Tuesday noting platinum rose less than expected on the New York Mercantile Exchange.
Reuters reported on precious metals trading on Tuesday suggesting platinum may continue to rise on General Motors announcement it is increasing their auto sales forecast for the year.
Reuters reported Impala Platinum's (JSE:IMP) Zimbabwe unit Zimplats reported a 170 percent jump in third-quarter profit on Monday, buoyed by higher platinum prices.
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