‘Platinum’

Dale Alan Madson, 42, a Leadman Operator at Stillwater Mining (NYSE:SWC) died in a mining accident on Monday at the company's Stillwater Mine. Madson was working on the 3800 level of the mine The accident is being investigated by the Federal Mine Safety and Health Administration. No other details about the accident were released. Full story

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) -   Prophecy Platinum Corp. Full story

A new minimally-invasive procedure that can safely and effectively treat brain aneurysms without open surgery by implanting an FDA-approved device consisting of a flexible braided mesh tube made of platinum and nickel-cobalt chromium alloy directly into the artery has been chosen by research facility Cleveland Clinic as one of the top 10 medical innovations for 2012. The 90-year old multispecialty academic medical center which has ... Full story

HAMILTON, Bermuda, Oct. 18, 2011 /PRNewswire via COMTEX/ -- Platinum Underwriters Holdings, Ltd.  PTP +2.18%  today reported a net loss of $53.5 million and a loss per common share of $1.43 for the quarter ended September 30, 2011. Full story

Commodity Online reports platinum group metals miners may be hit by the rapid growth in the number of electric cars on the road that do not need catalytic converters. In addition, manufacturers like Nissan have slashed the use of platinum in gasoline-powered vehicles in efforts to keep costs down. The drop in industrial demand has not nearly been offset by the surge in jewellery sales ... Full story

The management of the Zondereinde division of Northam Platinum Limited advises that the annual wage negotiations with employee representative unions Solidarity and the National Union of Mineworkers (NUM) continued yesterday, 12 October and today, Full story

FT reports in 2010 the market loved palladium. It was the best-performing precious metal Full story

Platinum Underwriters (NYSE:PTP) closed Monday's dramatic trading session at $31.95. In the past year, the stock has hit a 52-week low of $28.05 and 52-week high of $46.42. Platinum Underwriters (PTP) stock has been showing support around $31.27 and... Full story

News reports on Saturday say Rio Tinto's Zimbabwe subsidiary Murowa Diamonds has ceded 51% of its equity to comply with a new law that requires Zimbabweans to own the majority of foreign companies. Rio Tinto says on its website it has completed a feasibility study and received environmental go-ahead to expand Murowa production 8-fold at a cost of $200 million. Full story

As expected the proposal by Norilsk Nickel management to buy back some of the stake in it controlled by Oleg Deripaska’s RusAl has been rebuffed. 29.08, 12:39 The world’s largest aluminium producer, Rusal, has posted a 1H 2011 net profit of $1.085 Full story