Platinum

Greenland explorer tearing it up after assays

Frik Els | October 21, 2014
Greenland explorer tearing it up after assays

Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.

Hundreds strike at Glencore’s coal mine in South Africa

Cecilia Jamasmie | October 20, 2014
Hundreds strike at Glencore’s coal mine in South Africa

Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.

Platinum, palladium price-setting technology ‘optimum’ for gold: LME

Cecilia Jamasmie | October 17, 2014
Platinum, palladium price-setting technology ‘optimum’ for gold: LME

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

Mick Davis has now almost $5 billion to build new mining empire

Cecilia Jamasmie | October 15, 2014
Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

South Africa considers declaring certain minerals as strategic

Reuters | October 14, 2014

Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.

Wesizwe has BEE plan if Govt. wants increase

Miningmx: Headline News | October 13, 2014

Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.

BMO cuts gold, silver, platinum price outlook

Mineweb | October 12, 2014

BMO Capital Markets warns miners should prepare for a “prolonged period of sub-US$1,200/oz gold prices.”

Cutifani says tough decisions needed to restore credibility

Cecilia Jamasmie | October 8, 2014
Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

INFOGRAPHIC: The History of Metals

Visual Capitalist | October 8, 2014
INFOGRAPHIC: The History of Metals

Gold seems to be the most ancient metal.

U.S. threatens Zimbabwe with further sanctions over $3B platinum mine

Andrew Topf | October 5, 2014
Mugabe

The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies.

No major gold surprises, but silver, platinum hit 5-year low

Cecilia Jamasmie | October 2, 2014
Gold, silver prices rise as dollar retreats

Gold prices climbed slightly Thursday, while silver hit its lowest level since March 2010.

September precious metal price meltdown

Frik Els | September 30, 2014
September precious metal price meltdown

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.

INFOGRAPHIC: A year's extraction of metal shown next to landmarks and cities

Visual Capitalist | September 25, 2014
A years extraction InfoGraphic Penn2

For thousands of years of development as a species, humans never really needed to understand the real meaning behind big, unreachable numbers such as billions or trillions.

Gold up on Syria bombing, weaker dollar

Cecilia Jamasmie | September 23, 2014
Gold up on Syria bombing, weaker dollar

Experts don't expect gains to last for long.

Brien Lundin says don't miss this buying opportunity

The Gold Report | September 15, 2014
Drilling core in Burkina Faso

Founder of Jefferson Financial, producer of the New Orleans Investment Conference and Gold Newsletter, believes at least a small amount of the massive liquidity produced by loose monetary policy in Western economies will find its way into mining equities .

Frik Els

$8bn mining private equity needs to be spent. And soon

Frik Els | September 14, 2014
$8bn mining private equity needs to be spent. And soon

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.

Heavy precious metal shorting is bullish

Adam Hamilton - Zeal Intelligence | September 12, 2014
finance-trader-happy-vintage.jpg

The ironic thing is that futures speculators fantastic Q2 2013 gold-downside bet hasn’t worked very well since then.

South Africa’s mining output at lowest in over 18 months

Cecilia Jamasmie | September 11, 2014
South Africa’s mining output at lowest in over 18 months

Platinum and gold sectors among the worst performers due to labour strikes that cripple the industry early this year.

Anglo American chief not going for any major corporate split

Cecilia Jamasmie | September 7, 2014
Anglo American chief not going for any major corporate split

A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.

Ivanhoe transfers 26% of S. Africa’s platinum project to locals

Cecilia Jamasmie | September 4, 2014
Ivanhoe transfer 26% of S. Africa’s platinum project to locals

It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.

Frik Els

Glasenberg pooh-poohs Anglo takeover

Frik Els | September 3, 2014
Glasenberg pooh-poohs Anglo takeover

There's a history there of course. Just ask Mick Davis.

PGM roller coaster ride: long way down

Frik Els | September 2, 2014
Palladium price roller coaster ride: long way down

Palladium drops sharply from 13-year highs. Sister metal platinum close to wiping out 2014 gains.

Visual Capitalist

INFOGRAPHIC: A forecast of when we'll run out of each metal

Visual Capitalist | September 2, 2014
Infographic

Here is one interpretation of when we’ll run out of each metal or energy source.

Palladium price sets fresh 13-year high

Frik Els | August 29, 2014
Palladium price sets fresh 13-year high

But platinum slide continues despite Ukraine escalation.

Report: Worst is surely over for explorers

Frik Els | August 25, 2014
Report: Worst is surely over for explorers

Capital raising for exploration up more than 32%.

U.S. Mint platinum coins bypassed in rush for gold

Bloomberg | August 21, 2014

Gold and silver have value as hedges against a devaluation of the dollar, while platinum is viewed as an industrial commodity.

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