• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Future of Platinum Uncertain, Analysts Say

    Teresa Matich
    Sep. 09, 2014 10:04AM PST
    Precious Metals

    In an article for the Mail and Guardian, Lisa Steyn notes varying opinions from mining companies and analysts as to the future of the platinum market.

    In an article for the Mail and Guardian, Lisa Steyn notes varying opinions from mining companies and analysts as to the future of the platinum market. Specifically, following this years protracted strikes in South Africa, Anglo American Platinum (JSE:AMS) is looking to leave the space, while Northam Platinum (JSE:NHM) marketing manager Jerry White was confident that a deficit is on the horizon for the white metal, citing tighter emissions legislation as increasing the demand for platinum catalytic converters in vehicles.

    As quoted in the publication:

    But while Anglo wants out, others want in.

    Most recently, the Public Investment Corporation, which manages money on behalf of the Government Employee Pension Fund and is the largest investment manager in Africa, is also keen on platinum – and putting its money where its mouth is.

    However, analyst Michael Kavanagh of Noah Capital Markets said:

    Margins are thin, balance sheets are stretched, there is not a lot of capital investment in the industry. So the expectation is that mine supply is not going to grow strongly, if at all,” Kavanagh said. “We are in a funny situation where virtually every company says supply [is] going to contract but ‘not us, we are going to expand.’

    Click here to read the full article.

    northam platinumcatalytic convertersmarket newsanglo american platinum
    The Conversation (0)

    Go Deeper

    AI Powered
    Stacked platinum bars with blurred movement effect.

    Platinum Price Update: H1 2025 in Review

    Platinum bullion bars in a grid pattern with one bar on top.

    How to Invest in Platinum Stocks

    Latest News

    Quarterly Activities/Appendix 5B Cash Flow Report

    Maritime Announces Repayment of Senior Secured Notes Due August 14, 2025

    Sranan Gold: Unlocking Suriname’s Next Multi-Million-Ounce Discovery in the Guiana Shield

    Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

    Vertex Minerals Limited Capital Raising Update

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×