Platinum Use in Cars Expected to Increase to $7 Billion
Mining Weekly reported carmakers will use $7-billion worth of platinum in catalytic converters next year, diminishing overstock as production declines.Continue reading...
View ArticleWalter de Wet Discusses Platinum Outlook
Mineweb reported an interview with Standard Bank's Walter de Wet discussing the future of platinum and platinum group metals.Continue reading...
View ArticlePaul Walker Says Platinum Oversupply Requires Game Changing Demand
Mining Weekly reported the global glut of platinum will require a significant change in demand to see any impact in prices through 2012.Continue reading...
View ArticlePlatinum Demand May Exceed Supply in 2012
Platts reported Lonmin (LSE:LMI) is predicting platinum demand will outpace supply slightly in South Africa through 2012 although it is unlikely to affect price.Continue reading...
View ArticleCPM Group Predicts Platinum Demand Will Outstrip Supply
Mineweb reported the platinum market is expected to fall to a deficit this year as mines in South Africa produce less or close.Continue reading...
View ArticleRick Rule: PGMs vs. Silver and Gold
Rule explains why investing in PGMs may be better than silver or gold in the near term.Continue reading...
View Article2012 Sees Platinum Hit First Deficit Since 2004
Bloomberg reported that in 2012, platinum fell into deficit for the first time since 2004, according to Thomson Reuters GFMS. Consumption of the metal rose 1 percent, hitting 7.19 million ounces, in...
View ArticlePlatinum to End 2013 at $1,690 an Ounce
Bloomberg reported that as platinum miners limit supply, demand for the metal is increasing. It is expected to end the year at $1,690 per ounce, up 16 percent from its current price. Continue reading...
View ArticleDavid Franklin: Platinum Price Going Higher
At last week's World Resource Investment Conference in Vancouver, Andrew Topf, senior editor at the Investing News Network, spoke with David Franklin, market strategist at Sprott Asset Management,...
View Article2013 Platinum Price Contingent on South African Supply
Thomson Reuters GFMS believes that platinum prices could rise to nearly $1,600 this year. South African supply will play a major role in determining whether that happens.Continue reading...
View ArticlePlatinum Prices Will Rise in 2013, Says CPM Group
Forbes reported that increased fabrication demand and improved investor sentiment will push platinum prices up this year, according to CPM Group. It sees the supply deficit for the metal falling to...
View ArticleAfter Labor Strikes, What’s Next for Platinum?
Violent South African mining labor strikes shocked the globe in 2012, but the resulting negotiations underway could create more stable supply flows in the long term—that's how CPM Commodity Analyst...
View ArticleWatch These Three Platinum Projects, Says Johnson Matthey’s Cowley
Platinum Today reported that "relatively low" prices for platinum group metals and a rising cost base are together putting pressure on the platinum sector, according to Alison Cowley of Johnson...
View ArticleIndian Platinum Demand Down 10 Percent from April to July
The Economic Times reported that from April to July, platinum demand in India fell 10 percent as a result of the "ongoing economic slowdown." It has seen growth during that period for the past few...
View ArticleInfographic: Platinum Supply and Demand
Visual Capitalist posted an infographic that details the factors involved in platinum supply and demand. It is the second segment of a three-part series.Continue reading...
View ArticlePlatinum, Palladium Set to Prosper
International Business Times reported that according to Carlos Sanchez, director of commodities at New York's CPM Group, moving forward, platinum and palladium should thrive on increasing investor...
View ArticlePlatinum, Palladium to be 2014′s Best-performing Precious Metals
Bloomberg reported that next year, as record global car sales keep them in short supply, platinum and palladium will be the best-performing precious metals. Continue reading...
View ArticlePGMs Have Positive Long-term Fundamentals, Says Franklin
Writing for Sprott's Thoughts, David Franklin said today that he believes the long-term fundamentals for platinum-group metals (PGMs) are bullish, largely because air quality in China has reached...
View ArticleSouth Africa Losing its Hold on the Platinum Market
BDlive reported that while South Africa is the largest source of platinum in the world, supply from other locations — as well as from recycling — has lessened the country's influence on the platinum...
View ArticleCar Market Recovery in Western Europe May Raise Platinum Prices
Mineweb reported that a recovery in the Western European car market may push platinum prices up next year, largely due to the fact that European demand accounts for around one-third of global platinum...
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