The Best One can do Now !

  The best one can do now is hold onto sections of stocks one knows are going to be needed in future to supply the needs of the world popula...

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Retired but always looking for new challenges.
Showing posts with label Palladium. Show all posts
Showing posts with label Palladium. Show all posts

Sunday, April 4, 2021

THE TRENDING METALS OF THE MOMENT !

 THAT IS OF COURSE ,THE PLATINUM GROUP METALS. NO OTHER SECTORS OF OUR  SEEMS                  

 ABLE TO PUT IN A SUSTAINED RUN AND THE WHOLE REST OF THE MARKET

 USUALLY FALLS BACK AFTER A COUPLE OF MONTHS DUE TO FATIGUE CAUSED BY

 PROBABLY THE COVID THING!

Here are some updates worth knowing about.

.1)  A great blow to exposing the world to fuel cell technology has been struck ,by the Japanese government by excludung spectators from actually been present at the games. ALL TRANSPORT FOR TOURISTS  WOULD HAVE BEEN BY CARS AND BUSSES USING FUEL CELLS THAT GIVES OFF NO POLLUTANTS.

OBVIOUSLY  FUEL CELLS ARE BECOMING WELL ESTABLISHED ,HOW EVER THIS KNOWLEDGE WILL TAKE LONGER NOW TO FILTER THROUGH.

2.) Palladium's price has skyrocketed now. This has been caused by Russian mines been flooded ,from storms and a shortage building up. This seem to happen at least once or more in every decade! Speculators then have driven the price higher as well. Surely there will be  downward pressure at some time causing prices to fall to more reasonable levels.

3.) Platinum is our personal preferred metal ,in the years to come. Do read our past posts for a good indsight.

CLICK ON THE PLATINUM LABEL BELOW TO SEE ALL THE LAST FIVE POSTS.



Friday, July 24, 2020

SHOOTING THE LIGHTS OUT!

Precious metals are flying as the recovery takes place from the Covid 19 pandemic.
Palladium and gold are now likely to stay static or decline slightly.
Platinum with its myriad of uses is likely  to climb faster now and its run is definitely not over. 
See the right hand column for the latest updates on mining news.

Monday, April 1, 2019

TRENDING COMPANIES AND MINERALS.

Ever since 2009 ,except for a couple of short periods ,I have been a PGM (Platinum Group metal) bull!
There is always a couple of them increasing in price. I have always maintained that Platinum is the more important than Palladium. The palladium price has for the last couple of years been higher than platinum,mainly because motor manufacturers lied about the loadings of platinum in catylitic converters . This damaged platinum use and speculators did the rest and chased prices down. Palladium is now in bubble territory,so is now easing against the platinum price.
THE GREAT FUTURE IN PLATINUM is now in FUEL CELL TECHNOLOGY 
Remember fuel cells produce no pollutants in every type of engine from autos to stationary engines. Japan is going full steam ahead with this production ,whilst the rest of the world is concentrating on lithium solutions which  has many drawbacks as the electricity to load these batteries will still mostly be produced by coal fired power stations for at least the next half centuary.
THE LEADING WORLD MINING COMPANIES THAT ABLE TO SUPPLY THESE NEEDS ADEQUATELY HAVE MANY OF THEIR ASSETS IN SOUTHERN AFRICA.
                DO WATCH 
ANGLO (AGL)
SYBANYE (SGL)
AMPLATS (AMS)
IMPALA (IMP)
RBPLATS (RBP)
NORTHAM (NHM)
1. 
A good idea is to also read Bvians Southern African mining and resources news on a monthly basis        AS WELL

2.
The latest  page updates are always at the top of the right hand column.

Friday, September 1, 2017

NOW TRENDING Recovery of Platinum Group Metals and Chrome picking up !

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UPDATES : -              My specialist lists for September,see side bar  and summer and spring updates                                                        also 
                                                 See what to Google below post


Platinum Group Metals (PGM's) six months ago were $ 919 per basket ounce. Now they are $ 974 per basket.

     
                   OTHER  PRICES IN US DOLLARS PER OUNCE
TWO MONTHS AGO                            END AUGUST 2017

 $   880                              PLATINUM               $939         


ONE  YEAR AGO                                                NOW

$690                    PALLADIUM                            $920                       
$655                      RHODIUM                              $1100
COMPARING  PGM'S WITH GOLD LEADS ONE TO THE CONCLUSION GOLD'S USES ARE SO LIMITED AS TO ALMOST DECLARE IT A MONO USE METAL !
PGM'S ON THE OTHER HAND ARE SO MULTI FACETED THAT ITS ALMOST IMPOSSIBLE TO STATE ALL THEIR USES.
DO READ LAST MONTHS POST ALSO CLICK ONTHE LABELS IN THE SIDE BAR CLOUD TO GROUP ARTICLES THAT INTEREST YOU.
                                                         ALSO
1.GOOGLE EVERY MONTH FOR NEWS YOU WILL SEE NO WHERE ELSE !
                              and2BVIAN'S ABACUS INFORMATION ALERTS.
                              and                               

                 3 BVIANS   EDGE 
                        and                 
                  4 BVIANS MINING AND RESOURCES update for SEPTEMBER
POST FOR UP TO THE MINUTE  NEWS ON METALS AND MINERALS. ITS WORTH READING THE OLDER POSTS AS WELL ON THIS WEBSITE.
                         5.BVIANS AND NAOMIS SMALL CAPSHARES SEPTEMBER 2017
                                                      DO
BOOKMARK THESE TWO WEBSITES FOR THE LATEST INFORMATION . DO VISIT MONTHLY
  

Sunday, June 1, 2014

IN A REFLECTIVE MOOD

 Time to step back from the market and take stock. There has been a good run over the last couple of months. Most markets are at their highest points, or just below.

The latest entry on the index above is always at the bottom
 of the list. Rest of the post above can be found below ALERTS AND NOTES
5.The winter list has been updated above June 23/6/2014
4.See the SPRING UPDATE ABOVE f June 17
3.Resources Post has been updated above 12,14,25,30/6/2014.SEE OUR NEW PAGE 2 OUR CHOICES 
2.MY SPECIALIST WATCHLISTS A.B AND C HAVE UPDATED SEE ABOVE 9/6/2014
1.TRANSFER TO SMALL CAPS HAS BEEN UPDATED 4/6/2014

11/6/2014 ALERT       At long last after five months of the platinum strike, the prices of the platinum group metals are beginning to start to rise. The place to be might be to buy the Exchange Traded Funds as the mines are still proving to be unstable.
The mines are considering undisclosed , at this stage steps to return some of their holdings to production. The government s also proposing to build houses at their expense relieving the mines of this task. It must be added that the mines already pay quite generous amounts to all the miners to obtain better accommodation. These steps have not appeased the hard core union which is also tied to an extreme left political party. Ordinary starving miners are asking for protection from the extremists to return to work.

 NOW some traders would say a bubble is forming in certain sectors. This is really not true as the majority of shares are increasing on good management which in turn leads to increased profits. Of course shares also run ahead on expectations and this is where some dangers lie.
 Shares are likely to pull back  around 8% or slightly more in the months ahead ,then continue their progress, although they are fully priced now the world is generally still coming out of the recession. We in South Africa have  suffered a general set-back with the long miners strike, how ever there is now hope, since the ANC had a resounding victory in the election that they will act firmly, some thing they did not do in the past fearing a backlash in the voting. There is unfortunately a great deal of savagery taking place with workers returning to worked being chopped up literally into pieces. On a SMS campaign 60% have voted for return to work.

Sunday, September 1, 2013

NEW MINING METHODS, INNOVATION A GAME CHANGE.

  For over a centuary starting  in the eighteen eighties South Africa was the largest Gold producer in the world.Since platinum has been taken into general use we are still the largest  producers of this metal.We are amongst the leading produces of a whole raft of metals and minerals currently.How ever now costs and increasing difficulty of extracting these metals and minerals is beginning to weigh on our returns.
See rest of this article beneath Alerts and Notes.

20/9ALERT

DE BEERS which is owned  by Anglo American is doing very well this year.This is now mainly been driven by China which is expected to drive the market for the next five years as Chinese brides now prefer diamonds to gold.All other diamond mines should also benefit from this trend.

   11/9 ALERT  

   The world now seems a safer place ,if the Russian plan  to hand the Syrian weapons to the United Nations goes ahead.Anyway the pedal has been removed from the war stance and markets are recovering again.Chinese trade figures have also turned positive this week.Our local strikes all now seem to be going to be resolved in a more amicable manner with increases below 10%.Workers now understand the gravity of our local situation.Our weaker Rand will lead to an increase in the price received for our local products and minerals.

   3/9 ALERT  
OFFICIAL  STRIKE ACTION has started in earnest this morning at mostly gold related mines.As the mines are on a tight -rope alread running at near losses they can ill afford these actions.There can be no increases in wages with out increases in productivity levels.These levels have been declining for several years now.
Note 4 We have changed the format of the TOP 40 index to reflect more contemporary movements see above.
Note  3  The newest updates are always put at the bottom of the index list above.
Note 2 Use labels below articles  and in the side-bar to group articles on similar subjects.
Note 1.Do read in the side-bar  interestng items and ads., especially chosen to enhance your knowledge.

  Mechanisation was tried about ten years ago by LONMIN in it platinum mines.It was the first company to do so.It turned out to be a complete failure.Our Gold mines are very deep and by conventional methods the gold is nearly worked out.It has been partly political pressure that has kept the mines on a large manual footing,employing hundreds of thousands of workers.
All that is about to change and the realisation by all the parties that things have to change is slowly dawning on all.
  A completely new method of mining GOLD
is coming to the fore.Instead of bringing rock carrying the gold to the surface to crush etc.It has been found that with a new method just the GOLD REEF can be removed with chemical and other methods and the rest of the granite left in place.In the past sections of the mines had to be left in place ,if I remember correctly every 27 yards of a square of 27 yards were left to keep the roof up and in between pillars of wood would be put in place for further reinforcement.NOW A METHOD OF BACK FILL is to be used and all the Gold areas not yet mined can be utilised.
  GRAHAM ,Ceo of Harmony has pointed that as much gold as has been removed from the mines in the last hundred years remains to be removed.Most of it at reasonable shallower levels.
  THE MAIN GAME CHANGER WILL BE ROBOTICS NOT JUST MECHANISATION.THE ADVANTAGE OF THIS WILL BE LESS DANGEROUS WORKING CONDITIONS AVOIDING PRESSURE BURSTS THAT ARE LIFE THREATENING AS THE MINES BECOME DEEPER.ALL THIS WILL OF COURSE TAKE TIME,BUT WILL BE LESS LABOUR INTENSIVE AND ALLOW THE MINES TO SURVIVE,SO ATTRACTING CAPITAL TO EXTEND THE LIFE OF MINES.

Friday, February 1, 2013

Miners Dilemma !

PRECIOUS METAL MINERS have had to deal with unexpected circumstances of late in our country,South Africa and the rest of the world. See article below Notes and Alerts .
ALERT Day 20
SIBANYE mine has closed a shaft at the Beatrice Mine after a fire broke out there.The falling gold price has not helped matters .Now seperate from GFI it is mineral rich and consists of the older parts of the then GOLDFIELDS CONGLOMERATE.Sure its gold is expected to run out around 2030,but in the meantime it will produce good dividends.
ALERT Day 8.
25%OF SOUTH AFRICAS working population is either directly or indirectly dependent on mining,states Anglo American for their income.

NOTE 1.The newest update of the pages above is at the bottom of the index list above
NOTE 2.See above Naomi has updated her analysis


Both Platinum and Gold mines should be making a great recovery now as the share prices of other types of mines and industries recover as the world emerges from the long recession,but they are not.
The question should be asked why?
Well Gold has not as many industrial uses and is more a store of wealth to be held in times when the ecomonies are suffering.
Platinum group metals on the other hand are both in demand as precious metals and have a myriad of industrial uses.
So why is the Platinum price not increasing at a greater pace than it did after the last recession in the ninety nineties?In fact it is struggling to increase at a pace greater than the gold price.The platinum price is now around $1700 as is gold.The price after the last recession reached $2200 per ounce!
The answer is that then there was absolutely no platinum recovery process  in place.Now there is a recovery industry which collects scrap platinum metal from spent catylitic converters. The recovery rate is above 90%.This can then be sold to the users at a price well below the newly mined platinum price.
Palladium and rhodium can also be recovered but as they are not such a threat as the scap platinum recovery is to newly mined platinum.
Rising costs and inflation has rendered about half the platinum group mines unprofitable.Many of the gold producers are suffering a similar fate. See the latest update in the index above on 12 feb 2013.