Shares of Zimplats Holdings have shot up by 22.55% this week as Implats (owners of Zimplats) increased production by 9.6% since early November. Their productivity levels are expected to rise further in the New Year.
BHP Billiton is planning to cut costs big-time over the next two years. The mining giant aims to save $2.2 billion, which would mean a 10% cut to unit costs across the board.
Long term, global industry needs new supply. That, and investors want new PGM plays in politically safe jurisdictions. That's where the spotlight is shining.
Demand for platinum has never been higher. According to Johnson Matthey, a record of 8.4 million ounces is needed this year. So is it time to buy platinum?
Platinum has, like every metal, been in the wars. But is it time to put on our contrarian's hat and go looking to buy into the sector again?
Rick Rule has a new thesis he is hot on: platinum and palladium. I’ve learned when Rick gets hot on an idea, it is worth listening to him.
If you're looking for a good commodities play, it's time you know how to invest in palladium. Palladium is a rare metal that's part of a cluster called platinum group metals, or PGMs. It's 15 times rarer than platinum, and 30 times rarer than gold.
The price of platinum has regularly dipped below that of gold, sometimes substantially. Even now, gold and platinum are trading at roughly the same price. Now could also be a good time to get hold of some platinum if you haven’t already. Here’s why...
South Africa's troubles have put two precious metals right in the spotlight for supply problems - platinum and palladium.