Whats so 'hot' about platinum

[Ronnie 666]

This is a handy reference for the different levels of Cat Converters

http://www.dieselnet.com/standards/eu/hd.php

 

[Clawhammer]

[youtube]http://www.youtube.com/watch?v=bWVCANBsC8M[/youtube]

 

[Clawhammer]

I noticed this morning that Goldstackers online store now has pm pt platypus back in stock

 

[whinfell]

And some low premium 1oz platinum bars: http://forums.silverstackers.com/message-645720.html#p645720

 

[Clawhammer]

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.

 

[Clawhammer]

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

 

[Ronnie 666]

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.

 

[Clawhammer]

I got this one

http://ewn.co.za/2014/03/03/Amcu-strike-The-outlook-is-dim

Mining analyst Peter Major says the outlook is dim.

"I am frustrated as hell because we've thrown away 10 fantastic years. All our mining production on precious metal is down. Diamonds, platinum and gold are at 10, 20 and 100 year lows."

Awww-Yeah!!!

 

[Clawhammer]

And this, Platinum Stocks Dwindle;
http://www.iol.co.za/business/marke...dle-as-strikers-dig-in-1.1655496#.UxUcOLlWHIU

Anglo Platinum, which is the largest producer and is also known as Amplats, was able to fulfill customers' orders for six to eight weeks, the company said in January.

Lonmin stockpiled 42,000 ounces of unrefined metal in the year through September and also had 13,000 ounces of unsold refined platinum, it said in November.

 

[Ronnie 666]

Palladium breaks out and Pt is not far behind

http://talkdigitalnetwork.com/2014/03/palladium-breaks-out/

 

[Ronnie 666]

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/

 

[Clawhammer]

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.

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

 

[Clawhammer]

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