Platinum – International Business Times reported that in 2014, platinum supply and demand fundamentals will be primarily driven by South Africa, China and Europe. Circumstances in all three countries are expected to keep the precious metal in deficit.
Articles Tagged "europe"
Silver – Spot silver rose $0.14 today, to $19.94 per ounce, according to Reuters, while MarketWatch reported that silver futures for March delivery on the COMEX in New York sank $0.07, hitting $19.83 per ounce.
Platinum – Mineweb reported that a recovery in the Western European car market may push platinum prices up next year, largely due to the fact that European demand accounts for around one-third of global platinum demand for use in autocatalysts.
Coal – Reuters reported that Norway's opposition Labour Party would like to see the country's $800-billion wealth fund banned from investing in coal producers. A spokesperson said that the party believes "humans are responsible for climate change so we must also see what we can do to reduce emissions."
Moly – Platts assessed its daily molybdenum oxide price at $9.65 to 9.80 per pound, up from $9.65 to $9.75 per pound previously. European sources have said it is getting harder to find competitive prices for the material.
Magnesium – A new method for treating wastewater from mining that involves magnesium and aluminum is being investigated by a Singapore-based company.
Moly – Molybdenum prices were fairly flat during October, but in Europe the metal managed to make some unexpected gains.
Coal – Wood Mackenzie believes that by 2020, coal will take oil's place as the most dominant source of fuel in the world.
Uranium – Reuters reported that European companies could be no longer required to have a Canadian partner in uranium mines. According to the publication, the remove of the longstanding requirement could result in greater investment in developing Canadian uranium reserves.
Zinc – MetalBulletin reported that some European buyers have agreed to premiums of $155 to $165 for special, high-grade zinc supply in 2014. That's $20 more than this year's FCA Rotterdam premiums.