
platinum strike
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World’s Biggest Platinum Producer to Sell Some of its S. Africa Mines
- July 21, 2014
- Posted by: Orkan Ozkan
- Category: Platinum
No CommentsAnglo American Platinum Ltd. (also referred to as “Amplat”), the world’s largest platinum producer accounting for 38% of annual worldwide supply, has announced on Monday that it will be selling some of its South African mines. The company is struggling with the after-effects of the five-month-long platinum mine strike in South Africa, which just ended
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Platinum and Palladium Rallying on Supply Shortage
- July 2, 2014
- Posted by: Orkan Ozkan
- Category: News
If you thought gold’s 10-week high yesterday was impressive, try a 10-month high. That is what platinum has reached in early trading today, July 2, while gold is approaching its highest price in three months. At one point this morning platinum reached $1,523 an ounce, its highest price since September 4, 2013. Palladium for September
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This Week in Gold: Undervalued Metals, Platinum Strike Over, Liquidity
- June 27, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold we saw many charts demonstrating different properties and phenomena of precious metals, and witnessed the South African platinum mine strike end after five long months. The Triangle of Gold, Oil, and Inflation Gold and oil prices have been in the news a lot lately as both are on the rise. Inflation has
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