Anglo American Platinum (AMSJ.J) (Amplats) expects its 2022 annual profit to be down as much as 52%, hit by a decline in sales of platinum group metals (PGM) after a delayed smelter rebuild, it said on Monday. The company, which is due to report annual results on Feb. 20, said that headline earnings per share (HEPS) – the main profit...
Based on Kitco analytics Precious metals had a mixed performance in 2022, with platinum being the top performer, up nearly 11% on the year. Silver came in second, with a gain of nearly 3%, while gold ended the year flat. Palladium was the biggest loser, down around 6% in 2022. These precious metals showed their best performance in the last...
The high cost of platinum, a valuable metal that is the main catalyst for the chemical reactions in next-generation hydrogen fuel cells, has been a barrier to the widespread adoption of this technology. However, scientists have engineered a platinum-cobalt alloy to act as a catalyst, greatly reducing the amount of platinum needed to achieve the same or even better performance....
Nickel Creek Platinum has announced the completion of a drilling and geophysics programme conducted in Yukon, Canada, as part of the Nickel Shaw Project. The project involved a total of 3,300 metres of drilling, 2,000 metres of which comprised a Prefeasibility Study (“PFS”) at the Wellgreen deposit. Eight holes were drilled to support the conversion of mineral resources from inferred...
A new palladium and platinum catalyst shows great promise in eliminating methane emissions from various human activities. The major advantage over other catalysts is its ability to work in the presence of water vapor, which is always present during natural gas combustion. Who Researchers at the Universitat Politècnica de Catalunya outlined their findings in a paper published in the Nature...
