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...
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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...
South Africa's Sibanye-Stillwater has agreed to buy Lonmin, valuing the troubled platinum producer at about $382.47 million.
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,...
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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 detected gravitational waves from the collision of two neutron stars.
The world stockpile of platinum is shrinking as investors hold off on selling and the threat of a miners strike looms, experts have said.
Andrei Bugrov, senior vice president at Norilsk Nickel, talks about the health and future outlook of the nickel, palladium and platinum market.
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.
Following Lonmin’s latest earnings report, its CEO, Ben Magara breaks down the key factors behind the figures.
Small businesses are feeling the negative affects in the South African tourism industry after a 27 percent drop in the rand.
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.
David Wilson, director of metals research and strategy for Citi, says he expects demand for platinum from the autos industry to pick up.
