Rhodium

Mark Fellows, director of metals consulting at SNL Metals & Mining, explains why permitting delays happen, what they’re costing our economy and how to fix it.

An asteroid said to contain up to $5.4 trillion worth of platinum reserves will be making a close approach to planet Earth this evening, July 19th.

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.

It would be the first time since 2009 that Anglo has to cut dividends.

For investors, there’s no place like home. Data shows that investors are heavily sector-biased based on where they live.

"I think in general the investor who are interested in a development stage company tend to be the same group of investors. But if they are looking for that allocation in PGMs, they don't have many options to look at outside of South Africa or Russia. It means there are small group of companies who are our peers."

Data showing South African production up 88% in May from a year ago pushes platinum to levels last seen in 2008 while palladium falls to 2-and-a-half year low.

They claim the official report on the police killing of 34 striking miners in 2012 is a "gross defamation" of those who died.