Posts Tagged ‘palladium’

The new frontier country driven by resource-based economy Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west. With a population of 2.8 million people occupying 1.56 million square kilometers (roughly the size of Alaska), it is the most sparsely populated country in the world.  A fledgling democracy just over 20 ... Full story

The stresses that have afflicted South Africa's platinum miners for the best part of a year appear to be coming to a head. Full story

After a tough year in 2011, there is definitely a good selection of underpriced junior resource stocks available for astute investors to focus on before the rest of the herd finally wakes up and smells the gold. In this exclusive interview with  The Gold Report,  Matthew Zylstra, mining analyst at Northern Securities, reviews the gold, silver and PGM markets and tells us why he ... Full story

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA–(Marketwire – Jan. 25, 2012) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) (“Platinum Group” or the “Company”) announces the publication of the Company’s financial results for the three months ending November 30, 2011 Full story

Standard Bank maintains that while platinum prices over the long term are bolstered by a difficult supply outlook, over the short term, its prospects aren't as good. Full story

Impala Platinum Holdings (JSE:IMP), a leading producer of PGM and responsible for 25% of global platinum output, is losing its CEO. David Brown will step down June 30, 2012. In a statement made on Wednesday , the company said that Brown is leaving to pursue his own interests. Full story

Eastern Platinum Limited (the “Company” or “Eastplats”) is pleased to report that further to its press release of February 1, 2011 announcing the receipt of letters of commitment for a debt facility, it has now signed a definitive agreement with UniCredit Bank AG, London Branch and Standard Finance (Isle of Man) Limited (a subsidiary of The Standard Bank of South Africa Limited) for a ... Full story

Most commodities, except for the heavyweights gold and oil, are poised for a down year in 2011, the first fall for this sector since the financial crisis hit in 2008. Full story

Bloomberg reports carmakers will use a record 3.82 million ounces or $7 billion of platinum in catalytic converters next year – 17% more than this year – diminishing oversupply to 81,000 ounces from 295,000 ounces. Helped by the first contraction in mine output – albeit a slight 1% – since 2008 according to Barclays Capital, prices will average $1,845 an ounce in the fourth ... Full story

Palladium, used mostly in catalytic converters for vehicles, beat most other commodities this week after US car sales expanded at the fastest pace in more than two years. Full story