Platinum headed for its first monthly dip since October as demand from the auto industry slumped, cutting consumption of the metal used to make catalytic converters. For full story, click here
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Thursday, November 20, 2008
Platinum miner Anglo Platinum (AMS) slumped 28.98 rand, or 6.34%, to 428.02 rand and Impala Platinum (IMP) was off 2.68 rand, or 2.34%, to 111.87 rand, but Lonmin (LON) added 2.17 rand, or 1.57%, to 140 rand. For full story, click here
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Friday, November 14, 2008
Platinum prices will move downward for the rest of 2008 toward $700/oz as industrial demand continues to slump, bringing the annual average to $1,550—which still is higher than the $1,300 average of 2007. For full story, click here
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For upcoming platinum investing trade shows, see the following links: World Platinum Congress, Cambridgehouse, IIC, Chicago Resource Expo
PlatinumInvestingNews.com maintains a focus on Platinum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Platinum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Thursday, April 30, 2009