Is Platinum Treading The Gold Path?

Nov. 03, 2009 06:58AM PST

Barrick Gold has confirmed that it has dropped plans to develop the Sedibelo platinum project in South Africa. Not to worry. The story for the metal has only just begun. Jim Rogers, the renowned investor, has been quoted as saying, “Buy value, wait for a catalyst, sell hysteria.” This sage advice perfectly describes the present …

Barrick Gold has confirmed that it has dropped plans to develop the Sedibelo platinum project in South Africa. Not to worry. The story for the metal has only just begun.

Jim Rogers, the renowned investor, has been quoted as saying, “Buy value, wait for a catalyst, sell hysteria.”
This sage advice perfectly describes the present investment opportunities in platinum.

Read the rest of this article on Platinum Investing News.

The Conversation (2)

LM Heim

02 Feb, 2011

Auditing to verify supply chain traceability is a critical element of conflict minerals management, and will be regardless of the final form of the SEC regulation and OECD program. From August to December 2010, The Elm Consulting Group International, LLC completed the first third-party audit/traceability engagements for tantalum. The audits resulted in the first “Conflict-Free Smelter” designation, covering locations in the US and Japan. The next round of audits by Elm - the first audit of its kind in the scrap industry – also resulted in “Conflict Free” status. The original program has been enhanced, leveraging cutting-edge information technology/artificial intelligence that may yield critical insight concerning conflict mineral provenance. View the BusinessWire Press Release: http://www.businesswire.com/news/home/20110110005235/en. Even more information, including a summary of current conflict minerals supply chain traceability auditing programs, can be viewed at http://elmconsultinggroup.wordpress.com/