News
PLATINUM: Platinum has potential to be three-times-bigger $35bn-a-year industry
- Date: 10-09-20
- Category: PLATINUM
- Source: Mining Weekly
JOHANNESBURG (miningweekly.com) – Instead of being the $11-billion-a-year type industry that it is today, the platinum business has the potential to be a $35-billion-a-year industry by 2050, Minerals Council South Africa CEO Roger Baxter said on Wednesday.
View full storyPLATINUM: Impact of virus on platinum demand softened by Amplats refinery and lockdown halts
- Date: 18-05-20
- Category: PLATINUM
- Source: Mining MX
THE previously forecast surplus in the platinum market this year would widen but not as severely as first expected, said the World Platinum Investment Council (WPIC).
View full storyPLATINUM: Clear investment case for platinum – Northam
- Date: 25-11-19
- Category: PLATINUM
- Source: Mining Weekly
JOHANNESBURG (miningweekly.com) – The current low price of platinum gives the metal a clear investment case, says Northam Platinum CEO Paul Dunne.
View full storyPLATINUM: Platinum Catch-22 Prevents Miners Tapping World’s Hottest Metals
- Date: 22-11-19
- Category: PLATINUM
- Source: Yahoo
(Bloomberg) -- South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.
View full storyPLATINUM: Platinum market to run into 670k oz surplus as investment demand softens, says WPIC
- Date: 21-11-19
- Category: PLATINUM
- Source: Mining MX
THE platinum market is expected to run into a 670,000 oz surplus in 2020 as record investment demand for the metal this year was unlikely to be repeated.
View full storyPLATINUM: Platinum: The Best Precious Metals Play for a Recession
- Date: 14-10-19
- Category: PLATINUM
- Source: The Motley Fool
Gold has performed solidly in recent months, as growing fears of a recession and the ongoing trade war between the world’s two largest economies, the U.S. and China, continues to weigh on the global economic outlook. This has seen many investors elect to boost their exposure to safe-haven assets — the most widely recognized being gold. That has given all precious metals, including platinum, a boost; platinum is up by almost 13% since the start of 2019, although that is well behind gold’s 16% and
View full storyPLATINUM: Strong Platinum ETF Demand Trumps Sluggish Automotive Demand
- Date: 30-08-19
- Category: PLATINUM
- Source: Seeking Alpha
Platinum demand hit by slowing automotive sector.
View full storyPLATINUM: High platinum imports mystify industry
- Date: 16-08-19
- Category: PLATINUM
- Source: The Asian Age
The domestic platinum jewellery market has been growing by around 25-30 per cent year-on-year. A sudden spurt in the imports of platinum has left the industry intrigued. In the past two months, platinum imports have gone up by almost four times compared to the same period last year.
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