The 10 Most Crisis-prone Metals
New analysis from Resource Investing News shows which metals are most at risk for a rare earth-type supply shock.
Articles Tagged "platinum"
Platinum Drops on Euro Recession Fears
Platinum – Reuters reported that platinum fell .6% on growing fear of a possible economic recession in the Euro zone.
Platinum Rally Continues on Growing Supply Concerns Amid Cutifani Remarks
Platinum – Bloomberg reported that platinum rose for a fifth day to peak level in over 16 months on concerns that South African supplies will decline. The metal continues to perform well in spite of incoming Anglo American Plc CEO, Mark Cutifani’s comments that the industry has a lot of issues.
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.
Gold Canyon Appoints New VP of Corporate Communications
Palladium – Gold Canyon Resources Inc. (TSXV:GCU), which controls Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project, has announced the appointment of Mr. Richard Moritz as the company’s new Vice President of Corporations.
Zimplats Sells Majority Stake in Zimbabwe Unit to Locals for $971 Million
Platinum – Reuters reported that Impala Platinum (OTC Pink:IMPUY), the second-largest platinum miner in the world, plans to sell local black investors a majority stake in its Zimbabwe unit for $971 million.
Platinum Sees Gains, Performs Better Than Gold
Platinum – Reuters reported that while gold has suffered a nearly 4-month slump, platinum is performing much better, particularly with the rising demand from several industries.
Wesizwe Names Paul Smith as Executive COO
Platinum – Mining Weekly reported that Chinese-owned Wesizwe Platinum (PINK:WSZWF) has named Paul Smith as its new executive COO as of January 1, 2013.
Platinum Group Metals Announces End of Common Shares Public Offering
Platinum – Platinum Group Metals Ltd. ((TSX:PTM) has announced the closing of its public offering of common shares, with a total of 225,000,000 issued shares at C$0.80 per share and a gross proceeds of C$180,000,000.
Recovering Auto Industry Sees Growth in Platinum
Platinum – The Globe and Mail recently reported that with the resurging auto industry, 2013 looks promising for platinum, which entered an annual period of seasonal strength, averaging at 8.9%.
