Sibanye makes another bold call on platinum price
Mining News Pro - The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years as the global economy recovers and supply dwindles.
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Sibanye, Implats and BASF develop new tri-metal catalyst, boosting platinum prices
Mining News Pro - Sibanye-Stillwater said on Tuesday it along with Impala Platinum (Implats) and chemical company BASF had successfully developed a new tri-metal auto catalyst allowing the partial substitution of palladium with platinum.
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Platinum price: S. Africa output jump will push oversupply to 6-year high
Mining News Pro - On Wednesday, platinum futures were in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at least six years for 2019. In January, the precious metal dropped to near 14-year lows.
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Platinum price gets $6 billion shot in the arm
Mining News Pro - On Thursday, platinum futures dipped below $800 an ounce as the metal slides back to near 15-year lows first reached in August.
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Platinum price plunges to 14-year low
Mining News - The price of platinum plunged more than 5% to touch $811.10 an ounce on New York futures markets on Monday, the lowest since July 2004.
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Platinum price pressured as market moves into oversupply
Mining News Agency - On Wednesday, the price of platinum took a breather from its recent rally but managed to stay above the $1,000 an ounce level and in positive territory for the year. Platinum, down 10% compared to this time last year, is underperforming the precious metals complex and specifically palladium which is sporting 2017 gains of more than 37% and looks set to top its sister metal for the first time since 2001.
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