Archive for the ‘Platinum’ Category
Sunday, December 10th, 2006
Anglo Platinum, which is 74.9% owned by Anglo American PLC (AAUK), is the world's largest primary producer of platinum. Amandelbult is the company's second-largest mine.
Anglo Platinum said it is spending about 1.5 billion rand ($210.5 million) on its UG2 East Upper project, with construction beginning in 2007 and production commencing ...
Posted in Platinum, Metal News | No Comments »
Tuesday, December 5th, 2006
Platinum demand is expected to rise in 2007 with increased demand for the heavier diesel vans and trucks expected to drive demand despite a weaker global jewelry market, Johnson Matthey said Tuesday with the launch of its Platinum 2006 Interim Report.
Diesel fueled vehicles continue to capture market share in Europe, ...
Posted in Platinum, Metal News | No Comments »
Tuesday, December 5th, 2006
Traders became concerned that supply/demand fundamentals imply that the noble metal may be underpriced," said Jon Nadler, investment-products analyst at bullion dealers Kitco.com, in e-mailed commentary.
Supplies of platinum have been running at a deficit for the past eight years, while demand has hit a new record every year for at ...
Posted in Platinum, Metal News | No Comments »
Monday, May 22nd, 2006
Latest casting simulation software includes a new 'flow solver', which enables the user to analyse complex filling conditions, and is also for components with extremely thin walls.
The new version of MAGMA's casting simulation software, MAGMASOFT 4.4, has been available since early 2006. It includes an impressive collection of new features ...
Posted in Platinum, Materials and Equipment | No Comments »
Wednesday, February 22nd, 2006
Gold futures closed higher Tuesday, on safe-haven buying after fresh attacks on Nigerian oil pipelines and renewed concerns about Iran's nuclear program.
Gold for April delivery closed up $2 at $556.60 an ounce.
Royal Dutch Shell on Sunday said it halted 455,000 barrels a day of production after a group called the ...
Posted in Copper, Gold, Palladium, Platinum | No Comments »
Thursday, February 16th, 2006
he Department of Minerals and Energy's second Minerals Bureau Bulletin for this year indicates that global demand for palladium used in the manufacture of jewellery surged from 7.8 t in 2003 to 28.6 t in 2004 thanks to the rapid introduction of palladium jewellery in China.
Chinese jewellers pushed up purchases ...
Posted in Gold, Palladium, Platinum | Comments Off