platinum
Coverage of platinum in the Nexus archive.
- World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora, identified as the world’s largest jeweler, is implementing a strategy that focuses on platinum-plated jewelry. This move aims to reduce the company's exposure to fluctuating silver prices despite the metal experiencing recent declines.
- Motsepe’s ARM Bets Nearly $1 Billion on Platinum and Nickel Rebound
ARM, chaired by Patrice Motsepe, has approved nearly $1 billion in investments for the Bokoni platinum mine and Nkomati nickel. The funds aim to capitalize on a potential rebound in platinum and nickel markets, despite platinum being in its fourth consecutive annual decline.
- FG announces discovery of platinum, lithium, rare earth deposits in Kaduna
The Nigerian government announced the discovery of platinum, lithium, and rare earth deposits in Kaduna, which could strengthen the country's position in the global market for critical minerals used in clean energy and advanced manufacturing.
- South African Platinum Output to Fall 15% by 2034
Sibanye-Stillwater predicts a 15% decline in South African platinum output by 2034 due to a slower transition to electric vehicles, which is causing market tightening.
- Guangzhou Exchange Said to Study Night Trading for Platinum
The Guangzhou Exchange is reportedly studying the implementation of night trading for platinum. The article references the production of cast platinum bars at a foundry, highlighting the metal's role in trading discussions.
- Chinese Refiner Seeing Strong Platinum Demand From New Contract
A Chinese refiner is experiencing strong demand for platinum due to a new contract. The refiner is expected to benefit from the increased demand. Platinum is a valuable metal used in various industries.