June 3, 2011

Sylvania agree platinum joint venture in South Africa

Sylvania has entered into an agreement with Aquarius Platinum (South Africa), the world's fourth largest primary platinum producer, to assess the potential of the Everest North UG2 Platinum Deposit in…

June 2, 2011

Stillwater Mining’s outlook good

The Japanese earthquake and tsunami did substantial damage to the Japanese auto industry. Some speculated that the global platinum supply would rise eightfold due to the impact of the quake.…

June 1, 2011

The world is not running out of natural resources

Let me begin by saying that I believe the premise of this question is mistaken. It is quite incorrect to think that fossil fuel resources are finite. It may be…

June 1, 2011

Stillwater Mining Company comments on stronger PGM prices

Stillwater Mining Company (NYSE: SWC), commenting on today's significant strengthening in palladium and platinum prices, indicated that the market outlook for increasing demand and constrained production underlies the significant move…

May 27, 2011

Bad day for platinum: Tsunami to trigger 8-fold jump in surplus, world no. 2 halts expansion

BusinessDay reports on Friday the global platinum surplus may jump eightfold to as much as five tons after Japan’s worst earthquake slashed car production, reducing the country’s demand for the…

May 26, 2011

Commodities boom drives economic growth in several Canadian provinces

A Conference Board of Canada report says high energy and metals prices "are prompting resource companies to invest billions in iron ore projects, nickel processing and offshore oil developments" in…

May 26, 2011

Scarcity and rising demand a plus for platinum

Most people in the car industry believe that rising gas prices will crimp car sales. However, according to a recent survey, 32% of Americans say they will buy a new…

May 23, 2011

Bottoms in!

It was another week of mixed markets where we did see some bottoms in stocks and US markets seem to have turned up thus far. Their not yet trending higher,…

May 20, 2011

Pandora shares down on missed Q1 forecast

Fast-growing Danish jewellery maker Pandora (PNDORA.CO: Quote) missed forecasts with a 55 percent rise in first-quarter profit as price rises failed to […]

May 20, 2011

Output disrupted at Lonmin SAfrican mine

Miner Lonmin LMIJ.J (LMI.L: Quote) said on Friday that there was unspecified industrial action taking place at its Marikana operations in South Africa by members of the National Union of…