News: Platinum Group Metals Ltd (PTM.TO)

PTM.TO on Toronto Stock Exchange

0.66CAD
3:59pm EST
Change (% chg)

$-0.01 (-1.49%)
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$0.67
Open
$0.67
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$0.68
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$0.66
Volume
65,200
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285,169
52-wk High
$1.37
52-wk Low
$0.50

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Fri, Feb 20 2015

Platinum reaches biggest discount to gold in nearly two years

LONDON, Feb 20 - Platinum's discount to gold hit its highest level on Friday since the gold price crash of April 2013, as concerns over the euro zone outlook lifted demand for the yellow metal as a haven, while dampening sentiment towards platinum.

Canada's PGM expects new mine to produce 275,000 oz by 2017

CAPE TOWN, Feb 11 - Canadian miner Platinum Group Metals (PGM) plans to begin production at its new $500 million South African mine by next year before ramping up to full production of 275,000 ounces a year in 2017, its CEO said.

PRECIOUS-Gold set to post second weekly gain on safe-haven demand

* Platinum, palladium recover after sharp losses * SPDR gold fund sees holdings rise 0.24 pct * Asian stocks, dollar slightly firmer on U.S. data (Adds China premiums, updates prices) By A. Ananthalakshmi SINGAPORE, Oct 17 - Gold edged higher on Friday and was poised for a second straight week of gains as persistent fears over the health of the world economy took a toll on global equities and the dollar, bringing in safe-haven bids for the metal. Platinum and pall

PRECIOUS-Gold falls 1.8 pct after payrolls; down 10 pct from July high

* Platinum on Friday hit lowest since Sept 2009 (Updates market activities)

PRECIOUS-Gold struggles near 9-month low; platinum hits 5-year trough

* Gold close to key $1,200-an-ounce level * Dollar index holds at 4-year highs * Platinum drops 1 pct, silver at multi-year lows (Updates prices) By A. Ananthalakshmi SINGAPORE, Oct 1 - Gold extended losses on Wednesday to trade near a nine-month low and looked likely to break below the key $1,200-an-ounce level, clobbered by a stronger dollar and lack of support from top buyer China. With the dollar at a four-year peak against a basket of major currencies, other

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