Posts Tagged ‘platinum’

Talks dragged on as workers, who have been on strike for five weeks, rejected Northam's latest pay offer of a 9.5 percent rise and a housing allowance of 1,750 rand a month Full story

XSTRATA will decide before the end of the year whether to exercise an option to effectively buy half of a large platinum project as it doubles production at its Eland mine. Xstrata has a R4,5bn project to sink two decline shafts at Eland as opencast Full story

* Silver hits fresh 30-year high, platinum 4-½ month peak * Gold may climb to $1,355/oz - technicals * Coming up: U.S. ADP national employment July; 1215 GMT SINGAPORE, Oct 6 (Reuters) - Gold hit a fresh record high on Wednesday, the Full story

Keefe Bruyette & Woods is downgrading Platinum Underwriters Holdings (NYSE: PTP ) shares to Market Perform from Outperform on valuation. KBW believes Platinum has a strong balance sheet with a conservative underwriting approach, but given the cautious Full story

Silver hits 30-yr peak, platinum at 4-1/2 month high NEW YORK: Gold extended its record-breaking rally to a sixth straight day on Friday, rising near 1 per cent as comments from Federal Reserve officials and US data reinforced expectations of further Full story

(IDEX Online News) - The Natural Colored Diamond Association (NCDIA) members voted on a 19- person board, electing Jeffrey Post of Gem Platinum to president. NCDIA’s board represents mining companies, manufacturers and retailers that specialize in Full story

Fast Market Research recommends "Lonmin Plc (LMI) - Financial and Strategic Analysis Review" from GlobalData, now available Lonmin Plc (Lonmin) is one of the leading producers of platinum in the world. It is engaged in mining, refining and marketing of Full story

The Commodities Futures Trading Commission (CFTC) is reportedly considering options trading on the ETFS Physical Palladium Shares (NYSE: PALL ) and the ETFS Physical Platinum Shares (NYSE: PPLT ). If the request is granted, it would mark the first Full story

TORONTO (miningweekly.com) – TSX- and Amex-listed Platinum Group Metals (PTM) will raise C$125-million in a bought-deal offering, which it will use to exercise an option for a bigger stake in its flagship project, and to continue development on the Full story

Impala Platinum is looking to acquire Royal Bafokeng Platinum to gain access to the Bafokeng Rasimone mine, in which Royal holds a 67% stake. Full story