Switzerland net exporter of Platinum, Palladium in 2013
n Europe, there has been positive momentum for auto demand, with auto sales in the region having gains across France, Spain, Italy, Germany and the UK, as the top five markets increased an impressive 10.5% y-o-y in December, suggesting an acceleration in the recovery.
Wellgreen Platinum Ltd completes pvt placement for $1.93 mn
In connection with the Private Placement, the Company will pay cash finder's fees to certain finders in an aggregate amount of approximately $10,000.Each of the securities issued pursuant to the Private Placement is subject to a hold period in Canada expiring on May 1, 2014, in accordance with applicable securities laws and the rules and policies of the TSX Venture Exchange.
Platinum prices soar as Fed tapering signals US economic recovery
Platinum, palladium and silver has industrial uses unlike Gold and hence the news of Fed tapering is quite positive for industrial precious metals, analysts said. US Platinum Futures for January delivery rose to $1342.1 per ounce in electronic trading on Thursday.