Platinum Group Metals Mining News

Palladium set to regain title of most precious metal of all

In 2001 palladium reached $1,080/oz when gold was only $300/oz and platinum $715/oz. Three factors will help fuel palladium to surpass its 2001 high and well beyond says Market Oracle: Chinese auto production is expected to go from 18 million units in 2010 to a staggering 30 million vehicles by 2020. A vehicle's catalytic converter requires about 1/20th of a troy ounce of palladium and/or platinum and since platinum costs 124% more than palladium ($1,735 vs $776) it is reasonable to assume automobile manufactures will elect to use cheaper palladium. Secondly the looming palladium supply deficit and thirdly the exemplary success of pure palladium ETFs which already have over $1 billion in assets representing roughly 1.3 million oz of palladium taken off the market.

North American Palladium draws bullish bets

Shares in the platinum and precious metals mining company rose as much as 6.4% at the start of the session to an intraday high of $4.98 before the broad market soured during Fed Chairman Bernanke’s second day of testimony on Capitol Hill.

Commodity falls and fears for stress tests see FTSE decline

Falls among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points.

Critical minerals and materials

In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.

Byron King: Will platinum prices persist?

The lure of platinum is driving Energy and Scarcity and Outstanding Investments Editor Byron King's investment choices for precious metals. In this exclusive interview with The Gold Report, he explains the looming demand and global opportunities. "We could see platinum prices skyrocket," he says.

Carbonization over PFA-protected dispersed platinum: an effective route to synthesize high performance mesoporous-carbon supported Pt electrocatalysts

An alternative and effective route of synthesizing mesoporous carbon supported Pt nanoparticles is introduced. In reverse order to the conventional synthetic route, carbonization occurs after dispersion of platinum.

Tantalum and Platinum May Replace Silicon-Based Flash Memory

Platinum Today reports that tantalum and platinum may soon replace the materials in a silicon-based flash memory.

NUM declares dispute with Northam Platinum division

The management of the Zondereinde division of Northam Platinum Limited (Northam) confirms that the National Union of Mineworkers (NUM) has declared a dispute with the company.

Platinum Group Metals dip on European debt crisis worries

Bloomberg reports that platinum group metals dipped today as concerns over the European debt crisis grow.

Stillwater Mining plans US$487.1 million acquisition of Peregrine Metals

Stillwater Mining, the only platinum and palladium producer in the U.S., announced on Monday that it will acquire Peregrine Metals for US$487.1 million. Peregrine Metals is a publicly-traded exploration and development company with gold and copper projects in Argentina and Peru. The company is listed on the Toronto Stock Exchange.

One-Step Separation of Platinum, Palladium, and Rhodium: A Three-Liquid-Phase Extraction Approach

Three-liquid-phase extraction and one-step separation of platinum, palladium, and rhodium in the system composed of diisoamyl sulphide (S201), polyethylene oxide-polypropylene oxide random block copolymer (EOPO), Na2SO4, and H2O were investigated.