Impala Platinum Holdings Ltd (IMPJ.J)
18 Dec 2018
BENGALURU, Dec 5 Gold prices edged lower on Wednesday, a day after hitting their highest level in more than five weeks, as comments from a Federal Reserve official kept alive the prospect of gradually rising U.S. interest rates.
* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (Updates throughout)
NEW YORK/LONDON, Sept 19 Gold rose on Wednesday as the dollar weakened, indicating investors are starting to worry about the impact of the U.S.-China trade war on the U.S. economy, luring some buyers back into precious metals investments.
JOHANNESBURG Miner Impala Platinum could sell shafts it plans to close if buyers could be found, Chief Executive Nico Muller told journalists on Thursday after the company announced 13,000 job cuts over the next two years.
LONDON/JOHANNESBURG Impala Platinum (Implats) plans to cut jobs and close some of its shafts in South Africa as part of a restructuring process to make its struggling mines profitable, two sources familiar with the matter told Reuters on Wednesday.
LONDON Platinum prices will average their lowest in more than a decade this year before a modest recovery in 2019, a Reuters poll showed on Friday, with the metal predicted to maintain its historically unusual discount to palladium.