Platinum Group Metals News

Platinum group metals mining, investment and price news

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Big Mick Davis and Goldman Sachs building takeover war chest

Frik Els | May 6, 2013
Big Mick Davis hires Goldman for takeover war chest

Outgoing Xstrata chief won't be sitting still after Glencore takeover.

Lonmin drops five percent after announcing unplanned repairs

Michael Allan McCrae | April 30, 2013
lonmin platinum number two furnace

No one was injured.

Meltdown for mining stocks

Frik Els | April 15, 2013
Meltdown for metals stocks

A plunge in precious metals prices and weak copper drag mining stocks to new lows.

Alcoa, China spark massive rally in miners and metals

Frik Els | April 9, 2013
gold mining stocks

Great news from bellwether for industrial demand and globe's top commodity consumer spurs broad advance in metal and stock prices.

Why you need to wait to buy gold jewelry

Dubai Chronicle | April 6, 2013
Diamond ring put on finger

Gold jewelry will be much cheaper in a few months, precisely in the summer, as some forecast the price of gold will decline to $1200-$1300 per ounce.

Why Rick Rule bought $280m of platinum and palladium

The Metals Report | April 2, 2013

When Rick Rule pairs lower grades, labor strife and inefficient mines with the relentless demand for platinum and palladium, his result is an investment thesis that could pay off for bullion and equity investors.

Asteroid mining to dominate the industry: experts

Cecilia Jamasmie | March 11, 2013
Asteroid mining to dominate the industry: experts

Geologists believe that asteroids hold iron ore, nickel and precious metals at much higher concentrations than those found on Earth.

New Zimbabwe PGM royalties and fresh blow to Implats add to industry woes

Frik Els | March 10, 2013
New Zimbabwe PGM royalties and fresh blow to Implats add to industry woes

Higher royalties until miners build refineries inside the country and a threat to revisit Implats indigenization deal.

Friedland on headless miners, dodos and ethical platinum

Frik Els | March 6, 2013
Friedland on headless miners, dodos and ethical platinum

Legendary mining financier more than lives up to his reputation as a salesman and astute commentator on the industry.

Why smart money is buying junior strategic metal miners

The Metals Report | February 26, 2013

Most investors have a tough time standing apart from the crowd.

Weakest week of the year

gold silver weak week two

The game is rigged, there is no doubt.

Ex-Gold Fields chair launches challenge to South Africa's ruling ANC

Frik Els | February 18, 2013
Ex-Gold Fields chair launches challenge to South Africa's ruling ANC

Mamphela Ramphele on Monday announced the formation of a new party political platform to contest general elections set for 2014.

Platinum spikes higher on renewed South Africa violence

Frik Els | February 18, 2013
Platinum spikes higher on South Africa mine violence

Unions that sparked Marikana massacre clash again.

Rally in platinum price shows no signs of ending

Frik Els | February 14, 2013
Rally in platinum shows no signs of ending

Zimbabwe ban on raw exports lift price $33 in two days.

Breakfast cereal is an excellent source of iridium

Michael Allan McCrae | February 12, 2013
irdium breakfast cereal two

The second densest element

Chicago Mercantile Exchange slashes precious metal margins

Frik Els | February 9, 2013
Chicago Mercantile Exchange slashes precious metal margins

Benchmark COMEX 100-ounce gold futures contract will be cut by 10% to $5,940.

Platinum hits 4-month peak, palladium rockets to 16-month high

Frik Els | February 5, 2013
Platinum hits 4-month peak, palladium rockets to 16-month high

Supply worries boost PGMs.

At least platinum looks good

gold platinum silver we buy sign

It’s certainly a challenging time still for gold and silver but the long-term reasons for holding physical gold remain in place.

INFOGRAPHIC: Palladium's supply and demand imbalance

Michael Allan McCrae | January 22, 2013
declinining platinum sprott infographic

Russia and South Africa will see decreases in production

US Treasury says there will be no trillion-dollar coin

Michael Allan McCrae | January 13, 2013
us treasury platinum trillion dollar coin

It wouldn't be legal

Gold makes a move

Michael Allan McCrae | January 10, 2013
gold price featured

Silver is up 2.22% to $30.86/oz and platinum gained 2.32% to $1,629/oz.

Wanted: Colonists to build first human settlement on Mars

Cecilia Jamasmie | January 10, 2013
Wanted: Colonists to build first human settlement on Mars

While 2012 marked the year of several outer-space mining projects, 2013 is shaping up as the era of human colonization on nearby planets.

Stop the trillion-dollar platinum coin loophole says congressman

Michael Allan McCrae | January 8, 2013
trillion dollar platinum coin greg walden

Walden perceives that the trillion dollar platinum coins are gaining traction.

Cutifani lined up for top job at Anglo

Cecilia Jamasmie | January 7, 2013
Mark Cutifani, Anglo American

Two sources familiar with the situation said Cutifani will replace Carroll.

Lonmin's CEO resigns due to 'serious illness'

Michael Allan McCrae | December 28, 2012
simon scott resigns lonmin platinum ceo

Simon Scott is acting CEO

The five best commodities of 2012

Minyanville | December 28, 2012

Another year has come to an end, and another 12-month stretch of frantic commodity trading can go in the books.

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