Platinum prices are not expected to rise in 2009, but as the economy perks up and automakers start selling cars again, platinum prices will rise. Before that happens, though, platinum could fall further. For full story, click here
Continue reading "Platinum prices are not expected to rise in 2009"
Monday, January 26, 2009
Anglo American Plc rose 0.8 percent to $9. For full story, click here
Continue reading "Share Price of Anglo rises"
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
Continue reading "Spot platinum quoted at $860.50/880.50 an ounce"
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"
Thursday, November 20, 2008
Platinum ended nearly 2 percent higher, lifted by bargain-hunting after a major producer announced mine closures. For full story, click here
Continue reading "Platinum rises on bargain-hunting"
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Tuesday, January 27, 2009