Interview With David Jollie: Platinum Prices Hit The Floor

Mineweb reported an interview with Mitsui & Co Precious Metals’ Strategic Analyst David Jollie, who says platinum prices have bottomed out.

David Jollie said:

Well its interesting time I think for the sector – there are a lot of things going on, but the major issue is exactly what you focused on there, which is cost pressures, and you can see some of those are because we’re looking at, in a lot of cases, first generation mines which are becoming more expensive to operate. You can see wage increases, you can see all sorts of things, and that’s in an environment where you’ve got weak commodity prices at the moment, certainly for the platinum group metals. That’s just made life quite difficult.

Click here to read the full Mineweb report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Agriculture
+ see more
Copper
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Molybdenum
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply