Currency shocks knock platinum to 10-year lows

Vancouver-based junior jumps 7% after assays from prospect on 3,600km² coastal property returns strong copper-nickel-cobalt and platinum group results.

Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

Anglo's chief warned the company plans to take severe measures over the next two years.

Gold seems to be the most ancient metal.

The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies.

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.

For thousands of years of development as a species, humans never really needed to understand the real meaning behind big, unreachable numbers such as billions or trillions.