Platinum-gold alloy is the most wear-resistant metal in the world

The Council was launched by a group of six platinum producers in South Africa, in order to further develop the global market for platinum investment.

After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project in South Africa.

South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.

The U.S. largest bank still plans to perform"traditional” activities in commodities such as financing, hedging, trading warrants on the London Metal Exchange and the vaulting of precious metals.

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

For gold and silver it has been a week of two halves: first prices rallied to a peak on Tuesday, then declined to show net losses for the week on Wednesday for silver and Thursday for gold.

Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.