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By Philip Burgert |
November 13, 2012
Much lower supplies and lower volumes of autocatalyst recycling will move the platinum market from surplus to deficit in 2012, according to Johnson Matthey in a “Platinum 2012 Interim Review”, released today.
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By Philip Burgert |
October 18, 2012
Financial information provider SNL Financial, Charlottesville, Va., has moved into the metals and mining sector by acquiring Metals Economics Group, Halifax, Nova Scotia. The acquisition makes metals and mining the fifth vertical market for SNL.
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By Philip Burgert |
September 24, 2012
The US Commodity Futures Trading Commission should shortly conclude its four-year-old investigation of the silver market but has gone beyond the schedule that was the wish of Bart Chilton, the commissioner who originally called for the probe.
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By Philip Burgert |
September 24, 2012
The reality for gold bulls may fall short of their expectations of ever-increasing prices that run ahead of gold supplies, says a self-described gold bug who forecast the initial run-up of gold at the turn of the millennium but who now finds himself in the bear camp for bullion.
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By Philip Burgert |
September 13, 2012
Gold and platinum prices jumped by more than $30, silver prices by more than a dollar and palladium by more than $10 after the Federal Reserve issued a statement on Thursday promising continued asset purchases until jobs rebound.
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By Philip Burgert |
August 22, 2012
The US Securities and Exchange Commission voted 3-2 on Wednesday for a set of rules forcing public companies to disclose use of minerals from the Democratic Republic of Congo and adjoining countries.
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By Philip Burgert |
August 22, 2012
Mining Indaba LLC has lined up Dambisa Moyo, international economist and the author of New York Times bestsellers Dead Aid: Why Aid is Not Working and How there is a Better Way for Africa, to be a keynote speaker at the 19th annual Investing in African Mining Indaba.
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By Philip Burgert |
August 20, 2012
Platinum prices are at two month peaks following last week's violence in the top producing area. Most world platinum production is concentrated in South Africa's Bushveld Igneous Complex north of Johannesburg where Lonmin's Marikana mine is located.
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By Philip Burgert |
August 17, 2012
Platinum prices jumped to their highest level in six weeks in trading following the killing of more than 30 striking workers Thursday at Lonmin Plc.’s Marikana mine in South Africa’s Bushveld during clashes with police.
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By Philip Burgert |
August 16, 2012
Shares of rare earths miner and processor Molycorp Inc. fell to a low of $11.16 in early trading Thursday before recovering slightly to around $11.40, down more than 5% for the day, after the company announced it was selling stock and debt to fund operations.