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Economists at ANZ Bank expect Platinum to enjoy gains this year and hit the $1,250 mark by the end of 2023.

Lol TF disagrees with the truth lol

More for the same Article 2007 /2008 - Reuters - As well as the rise of the super-majors and consolidation within the mid-tier and smaller companies, upstream integration moves by metal and power companies are also on the rise, according to the report.

Deals help companies diversify and find the resources to meet booming demand by filling the pipeline of development projects, bringing forward new projects and providing exposure to different commodities and parts of the world.

The credit crunch seemed to have had little impact on the consolidation drive, with the number of industry deals announced in the final quarter of 2007 more than doubling from the year-earlier period, PWC said.

On the macroeconomic factors behind the commodities boom, PWC said much would depend on the sustainability of Asian demand.

“Instabilities are likely to deliver a bumpier deal-making ride although the fundamentals for M&A activity in mining remain strong,” it said."

Companies in this Sector look long term ...

In the height if the 2008 Banking Crash - Global Crash - Mining M&A in 2008 seen beating 2007 record

By Reuters Staff

3 Min Read

LONDON (Reuters) - Mining merger and acquisition activity in 2008 is set to top 2007’s record $158.9 billion total as the number and size of deals escalate, PricewaterhouseCoopers said in a report on Tuesday.

“The mining industry is experiencing an unprecedented period of change driven by M&A activity that is running at record highs at all levels of the sector,” PWC’s Global Mining Leader Tim Goldsmith said in the report.

The number of deals in 2007 rose 69 percent from the previous year to 1,732 while their combined value rose 18 percent, the report said.

Consolidation in the industry is accelerating as economic growth in emerging markets stokes demand for resources and as expansion by Russian and Chinese companies increases competition for assets.

A planned takeover of Rio Tinto RIO.LRIO.AX by BHP Billiton BLT.LBHP.AX, the world's largest miner, would be the world's second-biggest takeover ever and was valued at $147.4 billion when launched in February." Source Reuters

Yes there are actually other things going on.......

WINS - must have dried up the coffee - they are back lol...

10% . Partly down to WINS not being here imo...

WINS currently not on any AIM stock ....

WINS are not about - they just seem to have dropped out - Not just EUA - cannot see them anywhere at the mo.....

Other MMs taking up the slack..

Sumthin.....

Just ask Wardell Armstrong.

Just look up all the Russian geological publications nothing to hide

TDT this is you all over you were constant on the AMC board - you might hark on about the TEO but in reality it did not help. And for the record I was in AMC twice, and feel sorry for anyone who stayed over the last 4- 5yrs.

TDT remind everyone how close Kun Maine is to major infastructure....

RY was a great geologist.... however that talk is for the AMC board.. I left that many years ago.

So TDT enjoy your evening ..

No hard feelings....

LOL TDT -

I have met RY - and I stand by what I said.

Huge Capex and TEO meaningless .....to the buyer in this instance.... (AMC)

huff and puff all you like ....

Only seen Scotty when logged out - AMC was a Fire sale, Brownfield site with huge CAPEX to get going ...

They were going no where.

Woof....

RNS 14 March -Receipt of Funds

Handy...

Every cloud has a Platinum lining .....

Nickel all round ...

Platinum Deficit of 556 Koz Forecast in 2023, as Strong Demand Growth Outstrips Constrained Supply – Hydrogen Economy
The World Platinum Investment Council – WPIC® – publishes its Platinum Quarterly for the fourth quarter of 2022, full year 2022, and a revised forecast for 2023. After two years of significant surpluses the platinum market is forecast to move to a material deficit in 2023. The change from the 776 koz surplus in 2022 to the forecast deficit of 556 koz in 2023 is over 1.3 Moz. This reflects total supply remaining close to the weak level in 2022, up only 3% to 7,428 koz (+201 koz), and strong demand growth of 24% to 7,985 koz (+1,534 koz).

Source Hydrogen Central

Russia–India business forum “Strategic Partnership for Development and Growth” will take place on 29–30 March in New Delhi as a part of the St. Petersburg International Economic Forum program.
“India is one of the most important trade and economic partners of Russia, the potential for trade turnover growth between our countries is very high. As part of the forum, the Russian Export Center will conduct a business mission in the field of high technologies, which will be attended by more than 20 Russian companies,” Veronika Nikishina, CEO of the Russian Export Centre said.
Source - Roscongress

If you actually bought or sold - the spread is not 20% - unless you use the likes of Free ****.

Recently via Bloomberg
"Nornickel, as the company is known, has this year sold some spot volumes to China using a mixture of London Metal Exchange and Shanghai Futures Exchange nickel prices, according to people familiar with the matter. The volumes based on SHFE prices are being paid for in yuan, the people said, asking not to be identified as the matter isn’t public.
The shift comes as Nornickel, which supplies about 7% of the world’s nickel, hopes to boost sales to China this year as some European buyers shun Russian commodities.
Nornickel’s Chinese customers are also pushing to link long-term contracts to Shanghai prices, the people said. Negotiations over the long-term contracts are still ongoing, they said, although they may also involve a mix of LME and SHFE pricing.
China, the world’s largest consumer of commodities, has long pushed for greater control over pricing. Still, the vast majority of global commodity trade is still based on global benchmark prices in dollars.
The shift to SHFE pricing was proposed by Chinese authorities some time ago, as they see it as a more stable benchmark than the LME, one of the people said."