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PGE Supply-Demand News

Posted Posted Tue, May 14, 2013 at 11:57 am
May
14

Johnson Matthey Platinum 2013 report released, for 2012 year, Platinum in deficit by 375,000 oz and Palladium in deficit by 1.07 million oz

Johnson Matthey plc has released their Platinum 2013 report and is reporting that for the 2012 year, Platinum is in deficit by 375,000 oz and Palladium in deficit by 1.07 million oz. Please see the attached PDF and weblink for more details. http://www.platinum.matthey.com/publications/pgm-market-reviews/market-review-archive/platinum-2013

Posted Posted Thu, February 28, 2013 at 11:48 am
Feb
28

Rhodium Beating Platinum to Palladium on Car Sales: Commodities

Rhodium Beating Platinum to Palladium on Car Sales: Commodities By Nicholas Larkin – Feb 28, 2013 7:57 AM ET Rhodium, the scarcest precious metal used in making catalytic converters, is outperforming platinum and palladium for the first time in seven years as global car sales rise to a record. The metal, used with palladium and [...]

Posted Posted Tue, January 15, 2013 at 4:02 pm
Jan
15

Anglo platinum arm sheds 14,000 jobs, risking unrest

By Ed Stoddard JOHANNESBURG | Tue Jan 15, 2013 2:06pm EST Source: http://www.reuters.com/article/2013/01/15/us-amplats-idUSBRE90E09Y20130115 Anglo American Platinum plans to mothball two South African mines, sell another and cut 14,000 jobs, risking a repeat of last year’s violent strikes as the world’s largest producer of the precious metal struggles to stem losses. Reaction to the long-awaited plan [...]

Posted Posted Tue, November 27, 2012 at 2:00 pm
Nov
27

USGS: Sources Of PGMs From South Africa, Russia Likely To Change

27 November 2012, 12:23 p.m. By Kitco News Source: http://www.kitco.com/reports/KitcoNews20121127DeC_USGS.html (Kitco News) – Sources of platinum group metal supplies from top producers South Africa and Russia are likely to change as current deposits are being depleted, said the U.S. Geological Service. USGS said the shallow Merensky deposits are being depleted, so miners are starting to [...]

Posted Posted Thu, November 15, 2012 at 11:23 am
Nov
15

Platinum Market Forecast To Be In Deficit In 2012

PLATINUM MARKET FORECAST TO BE IN DEFICIT IN 2012 SOUTH AFRICAN PLATINUM SUPPLY TO FALL TO LOWEST LEVEL SINCE 2001 LARGE PALLADIUM MARKET DEFICIT FORECAST FOR 2012 AUTOCATALYST DEMAND FOR PALLADIUM TO REACH RECORD LEVEL Press Release Issued by: Johnson Matthey Precious Metals Marketing – November 13, 2012

Posted Posted Fri, March 30, 2012 at 2:39 pm
Mar
30

A Precious Metal That Shines Brighter Than Gold

Source: The Globe & Mail – Friday March 30, 2012, B10

Posted Posted Wed, March 7, 2012 at 2:44 pm
Mar
7

The Case For Palladium

Shirley Won — INVESTMENT FUNDS REPORTER From Monday’s Globe and Mail Published Sunday, Mar. 06, 2011 7:10PM EST When it comes to precious metals, palladium may give investors more bang for their buck than its flashier cousins. The often-forgotten white metal is expected to outstrip gains of both gold and silver again this year, thanks [...]

Posted Posted Wed, February 1, 2012 at 8:20 pm
Feb
1

Auto sales in January show unusual strength

By Deepa Seetharaman and Ben Klayman DETROIT | Wed Feb 1, 2012 8:20pm EST DETROIT (Reuters) – Auto sales rose more than 11 percent in January, a surprisingly robust showing that marked the strongest annualized sales rate for the industry in nearly two-and-a-half years. The surge in sales, led by Chrysler Group LLC and Volkswagen [...]

Posted Posted Wed, February 1, 2012 at 9:09 am
Feb
1

Salvage Team to Recover $3 Billion in Platinum From WWII Shipwreck

Jack O’Connell | Wednesday, February 1, 2012 The wreck of a World War II merchant ship has been found by a shipwreck hunter who plans to collect on the load of platinum onboard, now valued at 3 billion dollars. The vessel was torpedoed by a German U-boat off Cape Cod. This may now possibly be [...]