Latest Platinum trading News 
Metalbug introduces gold and precious metal iPhone application
Metalbug provides real-time spot prices directly from Kitco for gold, silver, platinum, palladium and rhodium. Features unique to Metalbug include purity (Karat or %) and weight (unit) options to quickly determine the current market value of precious metal assets. Metalbug gives users the ability to stay on top of the precious metals marketplace whenever and wherever they are. Metalbug functions as a full-featured tool for anyone looking to bu... [more]
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Stillwater to Acquire Marathon PGM for $118 Million to Gain Ontario Mine
Stillwater Mining Co. , the only U.S. producer of platinum-group metals, said it agreed to acquire Marathon PGM Corp. for $118 million to gain a Canadian project.
Platinum, Palladium Uptrend to Continue
Platinum and palladium metal prices could continue to increase on supply constraints and on increasing auto sales in China and India.
PRECIOUS-Gold slips as European bank woes knock euro
PRECIOUS-Gold slips as European bank woes knock euro
Montana’s Stillwater Buying Toronto Metals Company
BILLINGS – Stillwater Mining Co. is buying Marathon PGM Corp. for $118 million to gain control of the Canadian company's Ontario precious metals reserve and other properties, the companies announced Tuesday. Stillwater said the acquisition of Marathon would allow it to increase its platinum and palladium production by about 40 percent within three years.
PRECIOUS-Gold nears $1,260/oz on risk aversion advance
PRECIOUS-Gold nears $1,260/oz on risk aversion advance
Metals Stocks: Gold notches new record on European bank worries
Gold futures carve out a new settlement high Tuesday after investors bought up the precious metal and sold stocks, oil and the euro on renewed worries about European banks and economic growth.
Gold climbs to record settlement
GOLD finished at a record settlement in New York on worries over Europe's banking system and the global recovery.
Gold May Climb to Record on Concern European Banks May Need Extra Funding
Gold, which traded little changed, may advance to a record on concern among investors that some European banks may struggle to raise additional funds, increasing the appeal of the metal as a means to protect wealth. Silver traded near the highest level since March 2008.
Toronto-based miner Marathon PGM Corp. to be bought for US$118 million
TORONTO - Toronto-based miner Marathon PGM Corp. (TSX:MAR) saw its stock value jump more than 90 per cent Tuesday after it agreed to be taken over
Chicago -- (Kitco News) --
Speculators piled into silver, helping to lift prices to near $20 an ounce early last week, while gold also saw investors return to the fold, according to U.S. government data.
