Platinum – The Goldrums of June are giving way to a new dawn for platinum group metals, says David Franklin, a market strategist at Sprott Asset Management. While white metal miners face a variety of challenges, there is an increasing demand for platinum and palladium from vehicle manufacturers in the U.S. and China. And supplies of the hard-to-find metal are vanishing day by day. Now is the time to buy into existing stockpiles of the precious metal, Franklin tells The Metals Report.
Articles Tagged "ivanplats"
Commodity prices have slumped and costs have escalated, squeezing the margins of major mining companies. Falling equities of junior miners have scared investors away along with the capital to keep themselves afloat. Necessity is the mother of invention, however, and many mining companies are learning that the key to survival is doing things differently.
Platinum – Ivanplats Ltd. (TSX:IVP) announced that it has filed a mining right application for its South Africa-based, platinum-group metals, nickel, copper and gold Platreef project with the country's Department of Mineral Resources. It has also modified Platreef's ownership structure to include a Broad-based Black Economic Empowerment partner.
Platinum – At last week's World Resource Investment Conference in Vancouver, Andrew Topf, senior editor at the Investing News Network, spoke with David Franklin, market strategist at Sprott Asset Management, about the markets for platinum and palladium.
Copper – Copper prices are up on the London exchange supported by a weak dollar and better-than-expected economic data from Japan.
Platinum – Ivanplats Ltd. (TSX:IVP) announced its financial results for the first quarter of 2013, commenting that the mineral resources at its Flatreef deposit, which is located at the company's South Africa-based Platreef platinum-palladium-gold-rhodium-nickel-copper project, have been expanded and upgraded by a new resource estimate.
Copper – Copper Investing News recently spoke with Brad Marwood, managing director of Tiger Resources. Brad discussed Tiger's producing copper-cobalt project in the Democratic Republic of the Congo and helped clear up some of the negative perception that investors might have when it comes to operations in that region.
Copper – Ivanplats Limited (TSX:IVP) announced that it is business as usual for their Kamoa copper discovery, despite a recent move by the DRC to ban copper exports.
Copper – Ivanplats (TSX:IVP) announced that they have signed an MOU with DRC'sstate-owned power company, La Société Nation, to secure an additional power supply for their Kamoa copper discovery in Katanga province.
Cobalt – In the world’s top cobalt producer — the Democratic Republic of the Congo — less than 10 percent of the population has electricity.