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The platinum price hit a four-month high on Monday, adding $10 to $1,709 an ounce in New York while sister metal palladium added more than 1% to $766 an ounce. Platinum is up over 10.6% so far this year and palladium has added 9% in value in 2013 and is now trading at the highest since [...]
If you’ve been reading my work in 2013 at all you know I’ve been looking for a move lower in both gold and silver. It finally came this past week and was led by silver. We’ve got silver holding a crucial support level now while gold snapped back on news of Japanese QE. As for [...]
The spot platinum price jumped $14.30 on Monday, adding almost 1% to $1,692 an ounce in New York on news of renewed violence at South African mines, the number one supplier of the metal. Reuters reports at least 13 workers were injured at an Anglo American Platinum mine near Rustenburg, the heart of the African [...]
The platinum price closed at a four-month high on Wednesday, adding $12 to $1,729 an ounce in New York on renewed worries about a global supply shortage. Platinum built on a $21 gain racked up yesterday after reports that Zimbabwe had seized land from Zimplats, the country’s number one producer 49%-owned an operated by South Africa’s Impala [...]
Profiting from the riches that asteroids, stars and unknown planets have to offer not only seems closer than ever, but experts think space mining will likely dominate the extractive industry in the short term. That was the main conclusion of the Canadian Space Commerce Association (CSCA) conference held last week in Toronto. Arny Sokoloff, the head [...]
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