Platinum Investing News» platinum

Platinum Miners Should Be More Energy Efficient

Melissa West — Fri, 03 Feb 2012 22:05:25 +0000

Mining Weekly reported Marco Biffi is encouraging platinum miners to be more mindful of their energy use when it comes to air and cooling demands.

Platinum Eases on New Jobs Data from the U.S.

Melissa West — Fri, 03 Feb 2012 22:01:39 +0000

CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.

South African Platinum Mine Safety Stoppages Cut Supply

Melissa West — Fri, 03 Feb 2012 21:57:58 +0000

Mining Weekly reported safety stoppages at South Africa's platinum mines have hurt production for several miners.

Platinum Outperforms Gold in Janurary

Melissa West — Thu, 02 Feb 2012 22:07:50 +0000

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

Melissa West — Thu, 02 Feb 2012 22:04:39 +0000

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

Anooraq, Anglo American Agree to Restructure, Refinance Bokoni Group

Melissa West — Thu, 02 Feb 2012 22:02:17 +0000

Anooraq Resources Corporation (TSXV:ARQ,NYSE:ANO,JSE:ARQ) and Anglo American Platinum Limited (LSE:AAL) announced they will restructure and refinance the Bokoni platinum group projects.

BGS Supply Risk List: Why Platinum Is On It

michelle — Thu, 02 Feb 2012 12:15:44 +0000

Platinum is one of the elements considered at high risk of supply disruption according to the British Geological Survey. Want to know why?

Platinum Rises on Positive Economic Output Data

Melissa West — Wed, 01 Feb 2012 22:55:24 +0000

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

Melissa West — Wed, 01 Feb 2012 22:51:14 +0000

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

Melissa West — Wed, 01 Feb 2012 22:48:35 +0000

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.