This is a handy reference for the different levels of Cat Converters http://www.dieselnet.com/standards/eu/hd.php
Zimbabwe announces Platinum miners to build refinery in-country. http://www.bdlive.co.za/africa/africanbusiness/2014/03/03/miners-agree-to-platinum-refinery Don't get too excited, the announcement has come from Zimbabwean Finance Minister Patrick Chinamasa. A chap with a less than distinguished career (or personal history for that matter). http://en.wikipedia.org/wiki/Patrick_Chinamasa The companies he has named as short-listed have refused to comment. I suspect from past Zim Govt. Modus Operandi, they sent out an "expression of interest" letter to all the mining companies, and when no one replied, they then jumped ahead letting them know they've been short-listed. Amplats or Anglo-American should expect a letter in the next week asking for details on how they intend to construct the refinery. What the unwritten part of the letter will mean is if you don't build these, at your expense, we'll take your assets/mines and freeze your bank funds.
What's hot with Platinum? Check out what the big stars were wearing it at this years oscars? (Hint... it's not gold) http://www.prnewswire.com/news-rele...the-86th-annual-academy-awards-248129691.html Jennifer Lawrence in Platinum by Neil Lane -Platinum necklace with carved rock crystal, and 100 carats of diamonds ($2 million dollars) -Platinum and 10 carat diamond stud earrings -Platinum and diamond ring set with 3 fancy colored diamonds ($1 million dollars) Sandra Bullock in Platinum by Lorraine Schwartz -Platinum and diamond cluster earrings ($1.8 million dollars) -Platinum and diamond bracelet Kate Hudson in Platinum by Neil Lane -Platinum and 10 carat diamond drop earrings -Platinum and faceted crystal ring -Platinum bracelet with sapphire and diamonds Penelope Cruz in Platinum by Chopard -Platinum and diamond chandelier earrings, featuring a floral cluster of pear shaped diamonds (12 carats) and brilliant cut diamonds drops (4 carats) -Platinum bracelet with fancy shape diamonds (35 carats) Anne Hathaway in Platinum by Neil Lane -Platinum and 100 carat diamond bracelets ($1 million dollars) -Platinum and square cut emerald and diamond ring ($250,000) -Platinum and diamond stud earrings Olivia Wilde in Platinum by Lorraine Schwartz -Platinum earrings with white diamonds and jade -Platinum bangles with white and black jade -Platinum ring with black and white diamonds Lady Gaga in Platinum by Lorraine Schwartz -Platinum and diamond bracelet Jessica Biel in Platinum by Tiffany & Co. -Platinum jewelry by Tiffany & Co. Julie Delpy in Platinum by Chopard -Platinum chandelier earrings with 22-carats of white oval and round diamonds Jared Leto in Platinum by Neil Lane -Platinum and diamond dress set Chris Hemsworth in Platinum by Fred Leighton -Art Deco platinum cufflinks with diamonds and onyx and dress studs
Back to reality : http://www.reuters.com/article/2014/03/03/safrica-strikes-idUSL6N0M02GA20140303 http://news.yahoo.com/south-africas-striking-miners-march-pretoria-201800698.html Strike continues no end in sight. 40% of Pt supply gone.
And this, Platinum Stocks Dwindle; http://www.iol.co.za/business/marke...dle-as-strikers-dig-in-1.1655496#.UxUcOLlWHIU
Palladium breaks out and Pt is not far behind http://talkdigitalnetwork.com/2014/03/palladium-breaks-out/
And on it goes ....... South Africa platinum talks to end 6-week strike break down http://www.mining.com/south-africa-platinum-talks-to-end-6-week-strike-break-down-16473/
This went well Zimbabwe is now chasing the Chinese to build them a platinum refinery http://www.newzimbabwe.com/business-14854-Platinum+refinery+Zim+looks+to+China/business.aspx
Meanwhile the relatively low price of platinum (given current events) has put Platinum Australian (PLA) (under adminsitration) in even more dire straights with debt burdens growing and Jubilee Platinum pulling out of a buyout offer. http://www.miningweekly.com/article/jubilee-abandons-platinum-australia-deal-2014-03-14
