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Posts related to ‘platinum’

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Precious Metals: The Next Year of Palladium

Posted: May 13, 2013 at 12:50 pm

For the year to date, the price of palladium has risen by a majestic 1.3%. That may sound paltry, but the metal’s performance beats its brother platinum, which has fallen ...
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Platinum bars

Cut to Platinum Production Hits Stillwater Mining and ETF Shares

Posted: May 10, 2013 at 1:07 pm

South Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce production by ...
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Platinum Miner Shareholders Elect Former Montana Governor to Board

Posted: May 3, 2013 at 1:16 pm

The Clinton Group, a hedge fund with a stake of slightly more than 1%, succeeded last night in electing four of its nominees to the board of Stillwater Mining Co. ...
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Platinum bars

A Platinum Cartel in the Works

Posted: March 27, 2013 at 9:30 am

Platinum prices have fallen nearly 10% from their 2013 highs in early February. Palladium prices are off as well, but the drop is just 3.6%. This is not good for ...
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Platinum bars

U.S. Platinum Miner Hammers Estimates, Faces Challenge from Investor

Posted: February 27, 2013 at 9:15 am

Stillwater Mining Co. (NYSE: SWC) reported fourth-quarter and full-year 2012 results before markets opened this morning. The platinum and palladium miner posted quarterly earnings per share (EPS) of $0.46, compared ...
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Platinum bars

Lower Platinum Supply, Higher Prices in Store

Posted: February 5, 2013 at 12:19 pm

The price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of ...
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Platinum bars

Platinum Not Likely to Continue Challenging Gold Price

Posted: January 22, 2013 at 12:04 pm

Platinum prices jumped last week following an announcement from Anglo American plc that it would shut down several of its South African mines, ultimately removing about 400,000 ounces of the ...
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Platinum Tanks on Lonmin Strike Resolution News (PPLT, PALL, GLTR, PLG, SWC, GLD, SGOL)

Posted: September 18, 2012 at 12:03 pm

Platinum is taking a very serious, and likely long overdue, breather this Tuesday. Reuters has reported that the highly troubled mine under Lonmin in South Africa is going to have ...
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African Platinum Miners Killed by Police (SWC)

Posted: August 17, 2012 at 8:33 am

South African authorities said that 34 “protesters” at a platinum mine were killed after police opened fire on the striking workers. The mine is owned by London-listed Lonmin PLC, the ...
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Priciest Commodity Around: The $100,000 Razor (PG, HPQ, JMPLY, FCX)

Posted: June 27, 2011 at 2:57 pm

One of the great marketing rules of all time comes from the shaving business: give away the razor; charge a lot for the blades. Gillette, now part of Proctor & ...
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Commodities Watch: The Case for Gold; Ag Prices Turn Down (GLD, GDX, GDXJ, SLV, SIL)

Posted: April 14, 2011 at 2:00 pm

Today's look at the commodities markets examines a new report from the World Gold Council and reports on another downturn on agricultural products. The World Gold Council has published a ...
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European Union Aims to Outlaw Cars, and China Could be Using Too Much Food to Make Biofuel (PALL, PPLT, SWC)

Posted: March 29, 2011 at 4:10 pm

Time now for our daily look at commodity prices and news. While a new plan from the European Union might seem to belong more properly in our Alternative Energy Daily, ...
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