Platinum has shed 45 per cent of its value in just nine months. Last Friday the spot price of platinum hit a low of $812.75 per oz. Now, for this first time in 12 years gold has surpassed platinum in value.
Continue reading "Gold exceeds platinum in value"
Monday, November 24, 2008
Lonmin, the world’s third-biggest platinum producer, said on Tuesday it will close some high-cost mines and cut costs to survive a market downturn, after posting a 19 percent rise in annual profit. For full story, click here
Continue reading "Lonmin closes mines, defers projects as EPS rises"
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Tuesday, December 16, 2008