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Metal Commodities Platinum

  • NEW YORK, April 17- The judge overseeing the $1 billion fraud case of defunct New York hedge fund firm Platinum Partners has ordered a separate trial for a defendant planning to argue that Platinum Chief Investment Officer Mark Nordlicht and other defendants were guilty as charged. District Judge Brian Cogan in Brooklyn severed the trial of Jeffrey Shulse, the...

  • NEW YORK, April 17- The judge overseeing the $1 billion fraud case of defunct New York hedge fund firm Platinum Partners has ordered a separate trial for a defendant planning to argue that Platinum Chief Investment Officer Mark Nordlicht and other defendants were guilty as charged. District Judge Brian Cogan in Brooklyn severed the trial of Jeffrey Shulse, the...

  • This is the 'metal of love in China'

    Wedding rings and other symbols of love are increasingly made of platinum in China, says Huw Daniel of Platinum Guild International.

  • WASHINGTON, Dec 20- Wells Fargo& Co has asked its main regulator if it may buy platinum and lease it to a client in a test of a new rule meant to limit banks' exposure to volatile commodity markets, people familiar with the matter told Reuters. Wells Fargo would do the deal on behalf of an energy company and charge a fee for the service, said three people familiar with the...

  • A worker walks past the Marikana platinum mine, operated by Lonmin Plc, in Marikana, South Africa, on Monday, Nov. 9, 2015.

    South Africa's Sibanye-Stillwater has agreed to buy Lonmin, valuing the troubled platinum producer at about $382.47 million.

  • 2018 will be a strong year for platinum, Zimbabwe could benefit: Pro

    World Platinum Investment Council CEO Paul Wilson speaks about how political upheaval in Zimbabwe is impacting the platinum marketplace.

  • NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

  • NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

  • NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

  • NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

  • MURRAY HUBERFELD, CO-FOUNDER OF SHUTTERED NEW YORK HEDGE FUND FIRM PLATINUM PARTNERS, HAD BEEN ON TRIAL FOR THE SAME CHARGES.

  • NEW YORK, Nov 7- The federal corruption trial of Norman Seabrook, the former head of New York Citys correction officers union, and Murray Huberfeld, a co-founder of defunct hedge fund Platinum Partners, came to a close on Tuesday, with arguments focusing on the credibility of prosecutors' star witness. That witness, Jona Rechnitz, had told jurors in Manhattan...

  • Scientists discover neutron star collisions produce gold, platinum, and other elements

    Scientists detected gravitational waves from the collision of two neutron stars.

  • Platinum bars

    The world stockpile of platinum is shrinking as investors hold off on selling and the threat of a miners strike looms, experts have said.

  • We’re pretty strong in platinum production: Norilsk SVP

    Andrei Bugrov, senior vice president at Norilsk Nickel, talks about the health and future outlook of the nickel, palladium and platinum market.

  • China is competitor and good neighbor: Norilsk SVP

    Andrei Bugrov, senior vice president at Norilsk Nickel, says the firm doesn’t see China’s competition as bitter or lethal, but is instead “blessed” by having a “neighbor” like China.

  • Precious metal price trend encouraging: Lonmin CEO

    Following Lonmin’s latest earnings report, its CEO, Ben Magara breaks down the key factors behind the figures.

  • Rand, South Africa's currency

    Small businesses are feeling the negative affects in the South African tourism industry after a 27 percent drop in the rand.

  • Anglo American to sell Kumba Iron Ore

    Mark Cutifani, CEO of Anglo American, discusses the plans to sell its iron ore producer and says it will focus on diamonds, platinum and copper.

  • Is the platinum market struggling?

    David Wilson, director of metals research and strategy for Citi, says he expects demand for platinum from the autos industry to pick up.

Platinum Futures Chain