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SA platinum supply seen falling 2% this year
14 May 2024 04:39 GMT
… 2024.
It also said platinum output from Russia was set to … 2024, to 1.2 million ounces.
This rebound was driven primarily … CEO Trevor Raymond said world platinum production for the 2024 full- … projected demand for platinum at 7.5 million ounces, resulting in …
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Platinum Market Faces Decade-High Supply Shortage
13 May 2024 21:30 GMT
… is also used in the production of some chemicals, in electronic … auto sector consumed 832,000 ounces of platinum in Q1. The WPIC … around 3.3 million ounces this year.
Platinum jewelry demand and investment …
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Platinum market headed for ‘substantial’ supply shortfall, says industry body
13 May 2024 19:41 GMT
… year’s 851,000 ounces shortfall, the industry body … of the biggest producer, Anglo American Platinum, are likely to … as producers, having downscaled their operations, struggle to increase output … that a shortage in production will not necessarily translate …
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Platinum’s Shortage to Persist as EV Slowdown Fuels Demand
13 May 2024 10:50 GMT
… , according to the World Platinum Investment Council.
Demand for … pretty undervalued.”
Weakness in platinum-group metals in recent … metals.
Platinum demand will outstrip supply by 476,000 ounces this … by a fall in mined production.
Above-ground stockpiles are …
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SA platinum supply to fall 2% in 2024, says WPIC
13 May 2024 09:46 GMT
… the World Platinum Investment Council (WPIC) at 476,000 ounces. The metal … recorded a 878,000 oz deficit in … is nearly 16% stronger.
Production and projects in platinum group metals (PGMs …
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Platinum demand outlook pretty robust, World Platinum Investment Council highlights
13 May 2024 05:36 GMT
… supply deficit of 476 000 oz.
Hybrid vehicle preference is … ;re trying to help producers bar and coin manufacture and … more than 900 000 oz of platinum demand coming from the … internal combustion engine vehicle production.
"Platinum demand is bolstered by …
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Weaker supply will drive platinum deficit higher than expected in 2024, WPIC says
13 May 2024 05:39 GMT
… whose members are major Western platinum producers, said in a quarterly … slower than previously expected production ramp-ups amid low … million ounces, it added. PLATINUM SUPPLY/DEMAND ('000 oz)* 2022 … 48 48 48 Change in producer inventory +43 +11 0 …
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DRDGold cuts revised production guidance despite Ergo lift
10 May 2024 09:46 GMT
… US$).
Production for the quarter totalled 39,449 oz, a decline … 2,357/oz – roughly $300/oz better than last … production.
DRDGold is 51% controlled by Sibanye-Stillwater, the under-fire platinum … Stillwater produces about 700,000 ounces a year from the …
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Zacatecas Silver Provides Update at El Cristo, Zacatecas Property
14 May 2024 12:00 GMT
VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (“Zacatecas Silver” or the “Company”, ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) is pleased to announce that the Company has completed additional field work at …
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Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
09 May 2024 15:24 GMT
… primary and secondary platinum group metal (PGM) production fell short of … , with global light vehicle production having surged by nearly 10% … Small gains in North American output is also expected this year … to reach 999 000 oz and demand 1.06-million ounces.