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Platinum jewellery rides trendy wave in gold-focused India
Wednesday , 16 May 2012Platinum is finding a market among younger consumers in the country especially now that it is cheaper than its yellow cousin, but analysts believe it is creating new markets rather than stealing gold's lunch
US PGM investment out of favour
Monday , 14 May 2012For many investors PGM is not as attractive as gold from an investment point of view in this kind of market because it is not a pure precious metal play
Platinum to remain in surplus, palladium to move to deficit in 2012 - Johnson Matthey
Monday , 14 May 2012A look at the trends seen in the PGM market in 2011 and what Johnson Matthey expects in 2012
Rising costs bite into Lonmin H1 profit
Monday , 14 May 2012Hit by rising costs, weak European demand and safety stoppages that weighed on output, the platinum miner says its first-half pre-tax profit fell to $18 million from $159 million a year ago.
North American Palladium narrows Q1 loss on increased output
Friday , 11 May 2012Increased palladium production at its flagship Lac des Iles mine in Ontario narrowed the company's first-quarter loss to C$928,000 from C$10.3 million a year earlier.
Political faultlines underlie Southern African platinum veins
Thursday , 10 May 2012Income disparities, labour strife and political populism are fueling intense brands of resource nationalism in South Africa and Zimbabwe, where most of the world's platinum is situated.
Amplats unveils fuel cell-powered mining locomotive
Thursday , 10 May 2012The prototype is one of five fuel cell-powered locomotives that will be tested for underground use at one of Amplats' platinum mines.
Panoramic moves in on Platinum Australia's Panton project
Monday , 07 May 2012Platinum Australia has sold its Panton pgms project to nickel/copper miner Panoramic Resources to concentrate on its South African platinum mine developments.
Platinum in desperate need of a game changer
Friday , 04 May 2012For Thomson Reuters GFMS, there is a danger that the surpluses now present in the platinum sector could become hardwired into the system
Zimplats sees quarterly profits jump 170%
Monday , 30 Apr 2012A 32% increase in revenue from higher average platinum prices saw Impala Platinum's Zimbabwe unit's profits climb 170% quarter on quarter despite some labour and power shortage problems.
Aquarius Platinum posts Q3 net loss
Monday , 30 Apr 2012The miner posted a net loss of $9.4 million for the quarter to the end of March, owing to weaker platinum prices and a drop in production on the back of poor ground conditions.
Hollywood, tech investors hoping to mine PGM asteroids in space
Tuesday , 24 Apr 2012It may take more than a few James Cameron blockbusters to help fund a space exploration program to send robo-geologists to the nearest geologically prospective asteroid to search for PGMs.
Wesizwe Platinum's new mine "Smell"
Saturday , 21 Apr 2012The construction of Wesizwe's Bakubung mine is in sharp contrast to the the general gloominess that currently envelops South Africa's platinum sector
Amplats sticks to FY target amid weak platinum demand
Thursday , 19 Apr 2012The miner is confident it will meet its 2012 target even after it reported a 24% fall in first-quarter refined platinum production.
Stillwater reports 1Q PGM production declines in mining, recycling
Thursday , 19 Apr 2012Despite production declines in comparison to 1Q11, Stillwater CEO Frank McAllister said production remains on plan with the company maintaining its 500,000-ounce PGM target for this year.
TOP STORIES
Extorre looks to high-grade open pits to fund Cerro Moro development
Wednesday , 16 May 2012Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.
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