January 18, 2012

CEO of Impala Platinum Holdings steps down

Impala Platinum Holdings (JSE:IMP), a leading producer of PGM and responsible for 25% of global platinum output, is losing its CEO.

January 17, 2012

South African PGM production down 2.7 percent

South African platinum group metal production was down 2.7 percent for the three months ended November 2011 compared with the three months ended August 2011.

January 13, 2012

South Africa’s platinum miners not worried of power cuts

Despite a warning by South Africa's power utility that supply would be extremely tight this month, the country's platinum miners are confident there will be enough to power their mines.

January 10, 2012

Zimplats accused of underpaying royalties by Zimbabwe authority

Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim…

January 9, 2012

Investors poured $5.9 billion into precious metal funds last year… no thanks to Paulson

Hard Assets Investor reports precious metals ETFs enjoyed solid $5.9 billion inflows last year that brought total assets in the sector to just under $98.5 billion; a figure that represents…

January 4, 2012

Solitario Exploration and Royalty up for the week after zinc drill results

Solitario Exploration & Royalty (TSE:SLR) said today that its drilling results at its Bongará zinc joint venture project in Peru were "outstanding".

January 3, 2012

US$100 million debt facility agreement completed: Eastern Platinum Limited

Eastern Platinum Limited (the “Company” or “Eastplats”) is pleased to report that further to its press release of February 1, 2011 announcing the receipt of letters of commitment for a…

December 30, 2011

Except for gold and oil, commodities finish down in 2011

Most commodities, except for the heavyweights gold and oil, are poised for a down year in 2011, the first fall for this sector since the financial crisis hit in 2008.

December 28, 2011

Zimbabwe considering a ban on raw platinum exports

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.