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Metal Commodities Platinum

  • 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...

  • NEW YORK, Oct 24- Lawyers defending the former head of New York City's correction officers' union and a co-founder of defunct hedge fund Platinum Partners in a federal bribery trial told jurors on Tuesday that prosecutors' star witness was a liar. The witness, Jona Rechnitz, is expected to testify that he helped arrange bribes to Norman Seabrook, who once led the...

  • NEW YORK, Oct 24- A New York federal jury is scheduled to hear opening statements on Tuesday in a bribery trial of the former head of New York City's correction officers' union and a former executive at the now-defunct hedge fund firm Platinum Partners. Norman Seabrook, who once led the Correction Officers Benevolent Association, and former Platinum executive...

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

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

  • *Spot gold rose 0.3 percent to $1,284.36 per ounce at 0127 GMT after it revisited the previous session's low of $1,280.72 an ounce, the lowest since Aug. 25. *U.S. gold futures for December delivery fell 0.1 percent to $1,287.00 per ounce. *President Donald Trump on Wednesday proposed the biggest U.S. tax overhaul in three decades, offering to cut taxes for most...

  • *Spot gold rose 0.3 percent to $1,284.36 per ounce at 0127 GMT after it revisited the previous session's low of $1,280.72 an ounce, the lowest since Aug. 25. *U.S. gold futures for December delivery fell 0.1 percent to $1,287.00 per ounce. *President Donald Trump on Wednesday proposed the biggest U.S. tax overhaul in three decades, offering to cut taxes for most...

  • NEW YORK, Sept 11- A federal judge in Manhattan on Monday refused to dismiss fraud charges against a former Platinum Partners hedge fund executive and a former union leader for New York City prison guards, who claimed their indictment was based on illegal wiretaps. The defendants, Murray Huberfeld and Norman Seabrook, said the indictment was based improperly on...

  • NEW YORK, Aug 2- Beechwood, a group of reinsurance and asset management companies, has been sold after it lost clients and suffered a bruised reputation when hedge fund firm Platinum Partners collapsed amid federal investigations and fraud charges, a person familiar with the matter told Reuters. Beechwood, which managed $2.4 billion in assets in 2015, has said...

  • EXCLUSIVE-BEECHWOOD REINSURANCE COMPANIES SOLD AFTER LOSING CUSTOMERS BECAUSE OF TIES TO COLLAPSED HEDGE FUND PLATINUM PARTNERS- SOURCE.

  • 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.

Platinum Futures Chain