December 4, 2011

Palladium beats others as US car sales expand

Palladium, used mostly in catalytic converters for vehicles, beat most other commodities this week after US car sales expanded at the fastest pace in more than two years.

December 3, 2011

Platinum producers sign far-reaching wage pacts

Lonmin joined AngloPlat and Implats, this week signing a far-reaching two year wage pact ensuring a steady supply from Southern Africa where 75% of platinum is produced. The price of…

November 30, 2011

Stocks rally, lifting commodities

North American stock exchanges are on a tear today after central banks made more funds available to lenders, giving investors hope for a way out of the European debt debacle.…

November 18, 2011

Implats shuts Rustenburg shaft, 2 workers trapped

Implats reported Friday that a search mission was underway at its Rustenburg operation in search of two trapped workers and had stopped work at the affected shaft. Impala Platinum, the…

November 17, 2011

Implats production drops 12 percent while unit costs increase 10.8 percent

During Q1 Implats production fell 12% due mostly to planned operational outages. Gross platinum production was 388,000 oz compared to 441,000 during the same quarter a year ago. Palladium also…

November 17, 2011

Prophecy Platinum closes $10 million private placement

Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) is pleased to announce the closing of the non-brokered private placement previously announced on November 1, 2011 and increased on…

November 16, 2011

Solitaire Minerals acquires platinum-group property in Northwest Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) is pleased to announce that the company has signed an option to acquire a 100% interest…

November 14, 2011

Eastern Platinum reports results for the three months ended September 30, 2011

Eastplats recorded earnings attributable to equity shareholders of the Company of $1,364,000 ($0.00 per share) in the quarter ended September 30, 2011 ("Q3 2011") compared to earnings of $4,039,000 ($0.01…

November 10, 2011

Caledonia Mining gains 20% after six-fold increase in Q3 profits

Caledonia Mining, an African focused mining and exploration company with a mine in Zimbabwe, shot up 20% to 11 cents a share after announcing a six-fold increase in profits in…

November 9, 2011

Platinum Group Metals announces a new discovery extending the North Limb of the Bushveld Complex

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwire - Nov. 9, 2011) - Platinum Group Metals Ltd.(TSX:PTM)(NYSE Amex:PLG) ("Platinum Group") is pleased to report drill intercepts grading 3.47 g/t Platinum, Palladium…