Platinum Falls from 17-Week High on EU Concerns
Platinum – Bloomberg reported that after a fantastic performance for almost 4 months, platinum has dropped as much as 0.5% on renewed concerns about Europe’s debt crisis.
Articles Tagged "platinum production"
Eastern Platinum’s Third Quarter Loses More
Platinum – Mining Weekly reported Eastern Platinum (TSX:ELR,LSE:ELR) lost more in the third-quarter on lower prices and lowered production.
Platinum Output Down 17.8 Percent For The Year
Platinum – Reuters reported platinum output from South Africa is down 17.8 percent pushing prices higher.
Anglo American Platinum Loses 67,000 Ounces
Platinum – Reuters reported Anglo American Platinum (LSE:AAL) has lost 67,000 ounces of production or $126.44 million in revenue due to illegal strikes at its operations in South Africa.
South Africa’s Platinum Production Falls In August
Platinum – Reuters reported South Africa announced its platinum group metals production is down for the month of August.
Sylvania Platinum Revises Outlook
Platinum – Mining Weekly reported Sylvania Platinum (ASX:SLP) revised its platinum group metals production outlook on Tuesday.
Platinum Production Cuts Necessary To Increase Prices
Platinum – Mining Weekly reported production cuts are needed in the platinum sector to restore profitable prices.
Anglo American Platinum Loses Nearly 40 Percent in Profits
Platinum – Mineweb reported Anglo American (LSE:AAL) missed expectations with an almost 40 percent drop in profits as faltering global economic growth hit prices.
Anglo American Will Cut Nearly $200 Million In Capex
Platinum – Mining Weekly reported Anglo American (LSE:AAL) says it will cut nearly $200-million out of the capital expenditure programme by year-end.
Sylvania Platinum Says Tweefontein Project On Track
Platinum – Mining Weekly reported Sylvania Platinum (ASX:SLP,LSE:SLP) said its Tweefontein project is on track for its float plant to be completed by the end of August.
