Platinum Prices Up $22
The Street reported platinum prices are up $22 on Monday.
Articles Tagged "platinum trading"
Lonmin Receives $817 Million Support In Share Sale
Bloomberg reported Lonmin Plc (LSE:LMI) won support from shareholders for a proposed $817 million stock sale aimed at helping it avoid breaching pledges to creditors.
Platinum Drops After Two-Month Strike Ends
Bloomberg reported platinum prices dropped in South Africa after two-month strikes ended.
South Africa’s Credibility Limited By Strikes, Downgrades
Bloomberg reported South Africa’s Finance Minister Pravin Gordhan said the country's credibility with investors has been hurt by platinum strikes and two credit downgrades.
Anglo American Platinum Expects Miners To Return To Work
Reuters reported Anglo American Platinum (LSE:AAL) saya miners are expected to return to work on Thursday after accepting a pay deal to end strikes.
Platinum Rises 1.5 Percent to $1,583
CNBC reported platinum rises to $1,583 an ounce going up 1.5 percent.
Lonmin Future Balance Sheet At Risk
Reuters reported Lonmin (LSE:LMI) asked shareholders to support an $817 million cash call, saying without a balanced budget the company will be more vulnerable to Xstrata (LSE:XTA).
Platinum Rises Sharply On Forecast Of Production Shortage
Reuters reported following a forecast of a shortage of platinum in the marketplace caused the white metal to rise sharply on Tuesday.
Amplats Extends Deadline For Strikers To Return To Work
CNBC reported Anglo American Platinum (LSE:AAL) says 30,000 striking employees have until Wednesday to come back to work.
Impala Platinum Says Supply Will Remain In Deficit For The Next Few Years
Reuters reported Impala Platinum Holdings Limited (JSE:IMP) says the platinum market will remain in short supply through 2012 and for the next few years.
