Semi-Purified Gold Bars May Find a Passage to India
The recent Reserve Bank of India (RBI) directive that banks can import gold on consignment basis for genuine exports has opened a door for the entry of gold dore bars, which have less than 95% gold content. Bullion traders say the refining of these impure gold bars will be a new line of business in India, and jewellers may also look at setting up refineries to ensure a steady supply of the metal. - Economic Times 05/21/13
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Johnson Matthey Scrt Technology
Johnson Matthey's SCRT® Technology, a combination Selective Catalytic Reduction (SCR) and continuously regenerating diesel particulate filter (DPF), has already shown its worth in vehicles and is now proving its value in stationary engines. - Platinum today 05/21/13 Click Here For Details!
Iron-Platinum Alloys Could Be New-Generation Hard Drives
Meeting the demand for more data storage in smaller volumes means using materials made up of ever-smaller magnets, or nanomagnets. One promising material for a potential new generation of recording media is an alloy of iron and platinum with an ordered crystal structure. - University of California, Davis 05/21/13 Click Here For Details!
Amplats to Mitigate Job Cuts After Talks With Government, Unions
Anglo American Platinum Ltd. (AMS), the biggest producer of the metal, labor unions and the government will resume negotiations with a state mediator over job cuts on May 24 after agreeing on steps to preserve employment, South Africa’s Department of Mineral Resources said. - Business Week 05/21/13 Click Here For Details!
Irregularities Suspected at Hong Kong Mercantile Exchange
The Hong Kong securities regulator announced on Tuesday that it had discovered possible financial irregularities at the Hong Kong Mercantile Exchange and said it referred the matter over to the police for investigation. Only two products ever traded in Hong Kong — a gold futures and a silver futures contract, both denominated in United States dollars. - New York Times 05/21/13 Click Here For Details!
World Gold Council: Q1 2013 Gold Demand Trends
The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand, and an appetite for owning gold jewellery that continues to grow. - World Gold Council 05/20/13 Click Here For Details!
