South Africa Inspecting Platinum Mine Safety Stops
Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Articles Tagged "platinum supply"
Standard Bank Says Platinum Is Good Long-Term Play on Short Supply
Mineweb reported Standard Bank analysts say platinum is a good investment for the long-term due to a dwindling supply, but in the short-term it may not be worth it.
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.
Platinum Use in Cars Expected to Increase to $7 Billion
Mining Weekly reported carmakers will use $7-billion worth of platinum in catalytic converters next year, diminishing overstock as production declines.
Carmakers’ $7 Billion Platinum Purchases Shrink Supply Glut: Commodities
Bloomberg reported carmakers will use a record $7 billion of platinum in catalytic converters next year, diminishing a glut even as production declines.
Johnson Matthey: Platinum Market To Be In Modest Surplus In 2011
Kitco News reported the global platinum market is expected to end 2011 in a small surplus of 195,000 ounces, said Johnson Matthey.
Platinum Miners – Digging Deeper
FM reported at least 1,3moz of new platinum group metal production is projected to come on stream in the next six years from mines that are already digging.
Platinum Supply Shortages Set to Continue for ‘Years to Come’
Procurement Leaders reported total index for demand growth on the global platinum-group metals market has risen dramatically over the past few years.
Precious Metals: Platinum Eases as Firmer Dollar Piles on Pressure
Reuters reported precious metals prices rose in volatile trade, as the dollar pared some of its early gains versus the euro, taking some pressure off.
Zimbabwe’s New Mine Laws May Prevent Platinum Surplus, Standard Bank Says
Bloomberg reported if Zimbabwe withdraws the mining license of Zimplats (ASX:ZIM), it may produce less platinum next year, preventing a global surplus.
