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September PAU9 dipped $2.80, or 1.2 percent, at $240 an ounce, following platinum’s losses. For full story, click here
Duluth Metals Limited declared the successful acquisition of 3,353 acres by way of nine prospective mineral leases from the State of Minnesota. For full story, click here
September PAU9 unchanged at $256.00 an ounce, as traders looked for a definite direction from the latest development of the battered U.S. auto industry. For full story, click here
North American Palladium has confirmed it intends to reopen its Lac des Iles mine when palladium reaches about $800 per oz. For full story, click here
North American Palladium Ltd. will reopen its Lac des Iles Mine in Thunder Bay, Ontario, when palladium reaches a sustainable price of about $300 per troy ounce?a once-elusive goal that is now almost within reach. For full story, click here
September PAU9 up $2.75 at $254.75 an ounce, following platinum’s rise. For full story, click here
September PAU9 closed down $7.80, or 3 percent, at $252 an ounce, weighed down by platinum’s weakness. For full story, click here
Investors should sell platinum and purchase palladium when the spread between the precious metals exceeds $1,000, making platinum “extremely expensive” for industrial users, as per Equidex Brokerage Group Inc. For full story, click here
Colossus Minerals (TSE:CSI) reported today results from the first two of it’s Phase II drill results. Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium. This mineralization was intersected starting at 208.4 meters down hole. True widths have yet [...]
Tuesday, June 23, 2009