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Latest Stories

Franco reports major growth in 2010 results, increases dividend 60%

Franco-Nevada forecasts revenue this year to be between US$325 million to $350 million this year, using consensus commodity price assumptions of US$1,400 gold, $1,750 platinum, $575 palladium and $80 oil. However, the company warned its expenses will be significantly higher in the first quarter of the year, as transaction costs associated with the acquisition of Gold Wheaton will be expensed under International Financial Reporting Standards (IFRS).

NWTT Acquires New Mining Property With Historically Confirmed Findings of Platinum, Copper and Nickel

NW Tech Capital Inc. (PINK SHEETS:NWTT) has executed an option agreement that grants the company 100% interest in a prolific platinum, copper and nickel-bearing property located in McConkey Township, Ontario. After successfully completing the negotiation process, management decided to enter into an agreement that gives the company unrestricted rights to explore resources and reserves on what is known as the Caribou Property.

Physical, ETF Demand Sustains Gold

Gold rose on Thursday, sustained by a rise in ETF holdings, stronger physical demand and a weaker dollar, but investor selling to […]

PGM demand falls on Japan crisis

With some of the world’s top auto makers forced to stop vehicle production because of the nuclear crisis in the country, demand […]

Quake aftermath: Gold futures rise; palladium, platinum fall

Gold futures rose for the second straight session as Japan’s strongest earthquake on record boosted demand for a haven asset, reports Bloomberg. Palladium fell for an eighth straight session, the longest slump since July 2008. Equities declined worldwide as officials said the death toll from the earthquake and tsunami may top 10,000. Technicians tried to contain damage from a second explosion at a nuclear plant north of Tokyo.

Aquarius Platinum: 1,000,000 fatality-free shifts at both Kroondal and Everest

Aquarius Platinum South Africa (Proprietary) Limited ("AQPSA") is pleased to announce that two of its operations have simultaneously achieved one million fatality-free shifts. The Everest Mine reached this milestone on 1 March 2011 for the first time since commencing operations in 2004, while the Kroondal Mine achieved it once again on 4 March 2011.