Archive for April, 2009

NYMEX July platinum finished down at $28.70

NYMEX July platinum PLN9 reported to have finished down $28.70, or 2.3 percent, at $1,218.30 an ounce following Monday’s rally based on optimism related to China’s autocatalyst demand. For full story, click here

Colossus Minerals declared updates on Serra palladium project

Colossus Minerals Inc. declared the acceleration of the Company’s development plans for the Serra Pelada gold-platinum- palladium project, the Colossus-COOMIGASP joint venture, located in Para State, Brazil. Colossus also welcomes the newly elected President and Board of Directors of COOMIGASP. For full story, click here

ETFS filed for US Palladium ETFs

Recent filings by London-based ETF Securities indicate that U.S. investors may be able to access two precious metals via products structured in a way similar to the SPDR Gold Shares ETF. For full story, click here