Articles Tagged "wesizwe platinum"

Financing package concluded by South Africa’s Wesizwe Platinum

Mineweb.com reports that Wesizwe Platinum’s shares rose on news that it has completed $877 million financing package for a major project. The editorial is quoted as saying: Wesizwe said JNMC and CADfund would also secure $650 million in debt for the company and commit to provide any additional funding required to complete the project. Wesizwe’s output [...]

Platinum off to a Weak Start

In Tokyo, Spot platinum fell more than three percent on Monday on renewed concerns about demand for the metal. The cash price stood at $1,421.50/$1,441.50 per ounce, compared to late New York levels of $1,474.50/1,494.50.