News
PLATINUM: 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.
View full storyPLATINUM: Minerals Council’s national platinum strategy targets real potential
- Date: 06-02-19
- Category: PLATINUM
- Source: Mining Weekly
CAPE TOWN (miningweekly.com) – The Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050.
View full storyPLATINUM: Spend on platinum marketing rather than mining more, Amplats boss urges
- Date: 04-12-18
- Category: PLATINUM
- Source: Business Day
The best way for SA’s embattled platinum industry to save itself from prolonged difficulties is to switch focus to intensive marketing and spending on creating demand rather than trying to lower costs and mining more metal, says Anglo American Platinum CEO Chris Griffith.
View full storyPLATINUM: Platinum demand surplus to top 500,000 oz in 2018 as jewellery disappoints
- Date: 28-11-18
- Category: PLATINUM
- Source: Mining MX
There would be a demand surplus in platinum of 505,000 ounces in 2018 as consumption of the metal in jewellery failed to fire and despite slightly lower overall supply.
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