Impala Platinum, the world’s second leading platinum producer, declared that it would seek further talks with a South African union planning an indefinite strike next week. For full story, click here
Continue reading "Platinum Miner Implants Has Sought to Avert Strike"
Wednesday, August 27, 2008
Platinum prices slipped on Monday as the U.S. dollar resumed its rebound against the euro and the pound. Platinum is often used by investors as a hedge against a weakening dollar, so the dollar's recovery has made the metals less attractive.
Continue reading "US platinum slips on dollar’s rebound,Tokyo platinum up"
Tuesday, August 26, 2008
South Africa’s biggest mineworkers’ union may call a strike at Two Rivers platinum mine due to dispute over wages. Doctor Matheso, a branch spokesman for the National Union of Mineworkers (NUM), said: The union had referred the disputes to arbitration authorities in a bid to seek its intervention on the issues of job grading and wages. For full [...]
Continue reading "Workers may strike at Two Rivers platinum mine"
Tuesday, August 26, 2008
A strike at Lonmin’s Western Platinum mine is over. A labor union official said: The strike is over and workers are back at work. For more information, click here
Continue reading "Lonmin’s Western Platinum Mine Strike Over"
Thursday, August 7, 2008
Platinum briefly traded above $1,600 an ounce on Thursday, extending a 2 percent rally in New York, as national strike in South Africa forced mines and factories to shut gave rise to supply fears. For full story, click here
Continue reading "Platinum rises above $1,600 due to strike"
For upcoming platinum investing trade shows, see the following links: World Platinum Congress, Cambridgehouse, IIC, Chicago Resource Expo
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Thursday, August 20, 2009