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 ... Read Full Story »
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 ... Read Full Story »
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. ... Read Full Story »
U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s ... Read Full Story »
U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s ... Read Full Story »
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 ... Read Full Story »
U.S. equity markets opened higher this morning following markets in Europe and Asia, most of which were also pointed higher. In Asia, equities were mostly higher following yesterday’s buoyant session ... Read Full Story »
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 ... Read Full Story »
U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more ... Read Full Story »
There are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is ... Read Full Story »
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off ... Read Full Story »
These are some of this Tuesday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Apple Inc. (NASDAQ: AAPL) cut to Hold at Jefferies, called an ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »