Share Price of Anglo rises
Anglo American Plc rose 0.8 percent to $9. For full story, click here
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Falls expected in platinum
Thursday, January 22, 2009
Norilsk Nickel says nickel, platinum and palladium output to fall this year from previously planned levels. Plans to cut copper output next year only, while further falls expected in platinum and palladium. For full story, click here
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Real platinum expected to average $1,343
Wednesday, January 7, 2009
Real platinum prices (in 2007 dollars) are expected to average $1,343 an ounce between 2008 and 2017, the forecast period. For full story, click here
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Platinum has plunged 46 percent in 2008
Friday, January 2, 2009
Platinum has plunged 46 percent , while palladium, also used in pollution control devices for cars, is down 52 percent. The metals are mined together. For full story, click here
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Falling platinum prices threaten Zimplats survival
Wednesday, December 31, 2008
Falling global platinum prices are threatening the viability and survival of Zimbabwe’s largest platinum producer, Zimplats, the company warned. For full story, click here
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Platinum prices advanced in Asian trade
Tuesday, December 30, 2008
Platinum prices advanced in Asian trade after oil made a slight recovery as dollar weakened further against major currencies. For full story, click here
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Platinum prices may decline to $700/oz
Tuesday, December 23, 2008
Platinum prices could drop to as low as $700 an ounce in the coming months as investors would prefer to cash to other investments, according to Johnson Matthey, an authority on the precious metal. For full story, click here
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Platinum prices advanced in Asian trade
Monday, December 22, 2008
Platinum prices advanced in Asian trade on Monday after oil made a slight recovery as dollar weakened further against major currencies. For full story, click here
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Platinum inched up
Friday, December 19, 2008
Platinum inched up, tracking gains in gold, despite more bad news from the car industry, the main consumer of both metals. For full story, click here
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Spot platinum quoted at $860.50/880.50 an ounce
Wednesday, December 17, 2008
Spot platinum quoted at $860.50/880.50 an ounce, slightly up from $853 late on the earlier session. The industrial precious metals have suffered more from the economic downturn than gold, with platinum and palladium, which are chiefly used in catalytic converters, both dropping significantly from their summer highs. For full story, click here
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- Colossus Minerals – gold and platinum group metals in Brazil
- Nortec – mineral exploration and development in Finland, Canada, and Ecuador
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Monday, January 26, 2009