Johnson Matthey sees platinum at $1 600/oz, oversupply forecast

The platinum market’s forecast surplus in 2012 was likely to result in the prices remaining steady between $1 450/oz and $1 750/oz – averaging at $1 600/oz – during the next six months, said platinum researcher Johnson Matthey on Monday. In...

Russian state palladium sales to fall in 2012

Sales of palladium from Russian government stocks are expected to fall sharply this year as inventories at the Gokhran state repository declined following significant exports in recent years, refiner Johnson Matthey said on Monday. "Substantial...

US PGM investment seen out of favour on weak economy

Demand for US platinum and palladium investment products has held firm so far in 2012, but the platinum group metals' heavy industrial uses and lingering fears over economic slowdown could push them off institutional investors' radar screens. A...

Amplats testing fuel cell-powered loco at Rustenburg mine

Anglo American Platinum (Amplats) on Wednesday launched the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa. The first locomotive would be surface tested over the next few months at the...

Tokyo conference to showcase gold’s industrial advances – Mintek

Gold continues to search for its industrial potential, particularly at the nanoscale. Minuscule, nanosized gold particles – measuring three- to four-millionths of a millimetre – are selectively reactive at a nanoscale, while remaining stable...

Tokyo conference to showcase gold’s industrial advances – Mintek

Gold continues to search for its industrial potential, particularly at the nanoscale. Minuscule, nanosized gold particles – measuring three- to four-millionths of a millimetre – are selectively reactive at the nanoscale, while remaining stable...

Researcher ‘cautiously optimistic’ about future PGM labour relations

Recent wage agreements between chief South African platinum producers and collective bargaining agent the National Union of Mineworkers (NUM) have provided some cause for cautious optimism regarding future labour relations, asserts research firm...

Financial analyst to speak at Mining Indaba

Financial institution Credit Suisse commodities research VP Tom Kendall will focus on the outlook for the global gold sector during his presentation at the commodities review and outlook forum at the Investing in African Mining Indaba 2012.

South Africa mooted as platinum industry’s ‘Silicon Valley’

South Africa’s unique opportunity in platinum-related development is beckoning. There is growing conviction that South Africa could and should become the first mover in creating a kind of ‘Platinum Valley’ that emulates the great Silicon...

Carmakers’ $7bn platinum bill shrinking glut

Carmakers will use a record $7-billion worth of platinum in catalytic converters next year, diminishing a glut just as mine production declines for the first time since 2008.

Las Lagunas gold/silver tailings project, Dominican Republic

PanTerra Gold has reported that permanent power will be connected to the project site in mid-December.

Resources Watch

This week: Platinum market to end 2011 in modest oversupply Mining companies urged to be ready for beneficiation framework Platinum demand forecast to grow by 5.8% each year to 2020