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Platinum Demand News is an EIN News Service for mining professionals. Constantly updated news and information about mining.
Latest Platinum Demand News
- Platinum, palladium see biggest jumps 24 Nov 2009 17:36 GMT
... Two precious metals have been quietly rallying to their highest ... even though gold hogged all the limelight. Platinum has reached $1,440 an ounce and its ... these two metals will continue to see demand. In addition, platinum and palladium are also ...
- Mineral-related Stocks Show Strong Growth on Gold Price Rise 24 Nov 2009 11:53 GMT
... the prices of other commodities, like the metal, agricultural products and petroleum. The international copper ... up 2.3%. In the spot market, the platinum price was up 1% to touch the ... third quarter of this year, the total demand for gold reached 800 tons in the ...
- Will metal share price surge start to tarnish? 24 Nov 2009 01:31 GMT
... and fall in line with oil and metal prices. The mining sector accounted for many ... the FTSE-100 index's biggest risers yesterday with platinum firm Lonmin, Swiss-based Xstrata, Randgold Resources and ... the year. Earlier this year, China drove demand for resources as companies there filled depleted ...
- US gold up on options-related buying, fund demand 24 Nov 2009 16:20 GMT
... and investors continued see pullbacks in the metal as buying opportunities, traders said. For the latest ... gold GCZ9 up $1.60 at $1,166.30 an ounce at 10:34 a.m. EST (1534 GMT) on ... silver fix XAGFIX= at $18.57. * January platinum PLF0 down $4.90 at $1,462.70 an ounce ...
- Gold Isn't The Only Metal 24 Nov 2009 11:34 GMT
... Base metals such as copper and silver make for ... you have the perfect storm," he says. Platinum and palladium, two industrial and precious metals, ... place and car sales subsequently pick up, demand for platinum will increase, Lydon says. Copper ...
- Strong Asian demand supports crude 24 Nov 2009 17:13 GMT
... a barrel, but analysts said that lacklustre demand in the US and Europe was holding ... of a relatively stable US dollar. Silver, platinum and palladium also consolidated Monday’s gains. Among ... palladium also consolidated Monday’s gains. Among base metals, aluminium prices firmed above $2,000 a tonne, ...
- Compass, UU, Johnson Matthey, GDP 24 Nov 2009 18:51 GMT
... catalyst provider has been hit by weak demand, which is not surprising given the state ... a sharp year on year fall in platinum group metal prices (PGM).’ Soft demand in Europe and ...
- U.S. miner to develop major chromite play in Ontario 24 Nov 2009 04:35 GMT
... is vying to become the next hot metal in Canada. A major U.S. mining company ... import ferrochrome from overseas. Annual global ferrochrome demand is about seven million tonnes and Cliffs ... discoveries of significant amounts of nickel, copper, platinum, palladium, chromite and vanadium. However, the stock ...
- U.S. miner to develop major chromite play 24 Nov 2009 12:37 GMT
... is vying to become the next hot metal in Canada. A major U.S. mining company ... import ferrochrome from overseas. Annual global ferrochrome demand is about seven million tonnes and Cliffs ... discoveries of significant amounts of nickel, copper, platinum, palladium, chromite and vanadium. However, the stock ...
- Gold hits a record as greenback loses luster 24 Nov 2009 03:43 GMT
... ounce yesterday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum ... rise further. Nabavi said some light physical demand had been seen out of Asia overnight. ... Gold's gain lifted other precious metals, with platinum hitting its highest since September 2008 at ...
- Gold steadies after record as dollar recovers 24 Nov 2009 11:54 GMT
... euro, relieving upward pressure on the precious metal. However, the prospect of further weakness in ... highs led to a pick-up in wholesale demand for the metal in major bullion consumer ... bid at $18,58 an ounce against $18,59, platinum was at $1 451,50 an ounce against ...
- A Mad Rush as Gold Bugs Get the Boot 24 Nov 2009 15:32 GMT
... charge of relocating the gold, silver and platinum to new vaults across the country. Many ... also feeling pressure from the surge in demand for space from clients that have stocked up on metal. Investors have been loading up on gold ...
- Two Nickel Explorers 24 Nov 2009 03:55 GMT
... wasn't so long ago that the base metals were some of the most rewarding markets ... great return for most of the industry. Demand will pick back up but the new ... of 3.21% nickel and 1.1% copper, plus platinum and palladium credits. But the news came ...
- Gold strikes all-time high 24 Nov 2009 06:13 GMT
... bullion prices was mirrored by other precious metals, such as silver, and other commodities, including ... jewellery consumption, the traditional backbone of gold demand, was collapsing under the weight of record ... $18.80 an ounce, up 1.6 per cent. Platinum and palladium prices also rose. prices jumped ...
- Gold Declines From Record in Asia as Rally Encourages Selling 24 Nov 2009 07:54 GMT
... expectations about the global economic recovery spurred demand for a store of value. The metal jumped to a record in Shanghai. The ... fell 0.4 percent to $18.475 an ounce, platinum slid 0.7 percent to $1,448.50 an ounce, ...
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