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| 3 Dec 2008 | Platinum | ► | Gold ends at two-week low as dollar strengthens Gold futures fell Wednesday to close at their lowest level in nearly two weeks, as the U.S. dollar rose against its major rivals, reducing the metal's appeal as an alternative investment.... more ► |
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| Mine shut because of platinum price, Zimplats ZIMPLATS Holdings has shut open pit mining at its Great Dyke operation in Zimbabwe because of poor metal prices... more ► |
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| 2 Dec 2008 | Gold rises as falling dollar increases appeal Gold futures rose Tuesday, after losing the most in nearly nine months in the previous session, as a weakening U.S. dollar raised the metal's appeal as an alternative investment.... more ► |
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| Norilsk Nickel sees steady copper, nickel output for 2009 Russia’s metals giant GMK Norilsk Nickel will slash expenses by 10 percent next year, including through the staff reduction. The company will lower funding of investment projects by 24 percent in... more ► |
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| 1 Dec 2008 | Gold and other metal futures end sharply lower Gold futures finished sharply lower Monday, pressured by tumbling oil prices and firmness in the U.S. dollar, as other metals also posted steep losses.... more ► |
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| Norilsk Nickel output down 0.5%, copper up 1.3% in 9M08 Russia's Norilsk Nickel cut nickel production by 0.5% in January-September 2008 to 218,000 tons on the same period last year, and increased copper production by 1.3% to 316,000 tons, the company said... more ► |
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| Platinum slides 7 pct, Japan auto data hurts Platinum tumbled 7 percent in Europe on Monday as weak Japanese auto sales data further emphasised poor demand from carmakers, while gold came under pressure from a firmer dollar and falling oil... more ► |
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| 26 Nov 2008 | Gold dips as rising dollar damps demand Gold futures fell Wednesday, slipping for a second session from their highest level in nearly five weeks, as a strengthening dollar reduced the metal's appeal as an investment alternative.... more ► |
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| 25 Nov 2008 | Gold ends slightly lower as crude, stocks fall Gold futures gave up earlier gains and closed slightly lower, as crude-oil prices tumbled and as U.S. equity markets erased gains.... more ► |
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| 24 Nov 2008 | Gold hits six-week high on dollar, safe-haven buying Gold futures rose for a fourth consecutive session Monday, surging to close at their highest level in nearly six weeks, amid safe-haven buying, broad stock and commodity rallies, and a continuing... more ► |
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| Russian state monopoly on platinum exports ended New legislation was confirmed in Russia on Friday (21st November) which means that the state will no longer have a monopoly on platinum exports... more ► |
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| Pioneer announces promising drilling results from Leo Dam, Increases equity in JV Highly Elevated PGE Confirms Nickel Sulphide Potential at Leo Dam Prospect Pioneer Increase equity in Joint Venture... more ► |
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| 21 Nov 2008 | Gold futures surge, briefly topping $800 an ounce Metal locks in more than 6% gain for the week... more ► |
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| China a bright prospect for platinum consumption - Johnson Matthey United Kingdom-based Johnson Matthey, a specialty chemicals company focused on catalysis, precious metals, fine chemicals and process technology, believes that platinum consumption by China,... more ► |
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| Gold rises as weak economy spurs safety buying Gold futures rose Thursday, gaining ground as gloomy economic news and falling crude-oil prices stepped up investors' interest in safe-haven buying.... more ► |
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| 20 Nov 2008 | First drilling in Kalplats extended area intersects target grade PGM mineralisation * Results Confirm Stella Layered Intrusive Continues To South Of Kalplats Area... more ► |
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| 19 Nov 2008 | Gold futures rise, breaking slump as dollar weakens Gold futures rose Wednesday for the first session in three, rallying as much as 4% before paring gains and closing slightly higher, as the U.S. dollar's weakness increased the metal's appeal as an... more ► |
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| Lonmin to cut more than 1 000 mine jobs As many as 21 000 people employed by or dependent on income from the platinum mining and supplier industries could experience a body blow in the month ahead... more ► |
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| 18 Nov 2008 | Gold falls as data reduce inflation pressures Gold futures fell Tuesday as the metal's appeal as a hedge against inflation declined after the U.S. reported a record drop in producer prices and inflation pressures in the U.K. eased much more... more ► |
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| Russian '08 state palladium sales down 46 pct-JM Palladium sales from Russian state stocks are expected to fall 46 percent to 800,000 ounces in 2008, although a further 1 million ounces shipped in September have yet to be sold, Johnson Matthey said... more ► |
