VanEck Vectors Global Alternative Energy ETF

Published : February 04th, 2008

Industry Bulletin

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

February 04, 2008

Hinterland Metals - Industry Bulletin

 


Industry Bulletin - Platinum Panic, Rhodium Rout as Supplies Threatened in The Short and Long Term

 

 

 

In our ongoing efforts to provide market information, we are pleased to provide you with the following Industry Sector Bulletin discussing current market opinions and/or conditions that will affect the price, supply, and demand of platinum.

The following article forecasts a shortage in the supply of platinum, at least until 2013. South Africa, the largest platinum producer in the world is currently having supply issues with some of its platinum mines. "All the major South African underground platinum mines closed" and many are "uncertain when the mines will reopen for production."

Resource exploration companies such as Hinterland Metals Inc., can help to alleviate the supply crunch. At present, Hinterland is currently drilling in its Plateau PGE project, where a previous drill program demonstrated 1.9g/t combined Platinum and Palladium values over 3.0m.

Click Here to See Latest Press Release on Plateau PGE Project

Regards,
AGORACOM


Platinum Panic, Rhodium Rout as Supplies Threatened in The Short and Long Term

With South Africa's platinum mines likely to be closed as far as new production is concerned until at least the end of this week, a major supply squeeze is causing the price to surge. Byproduct rhodium is hitting new records too.

Lawrence Williams
Monday , 28 Jan 2008


LONDON - With all the major South African underground platinum mines closed until the state-owned electricity supply corporation, Eskom, can guarantee to keep them supplied with sufficient power to maintain mineworker safety, the platinum group metals in shortest supply - platinum and rhodium - are seeing new price records broken daily as consumers panic over security of supplies.

Platinum is now in the $1720s having risen around $140 an ounce since last Thursday ahead of the announcement of the power-relates mine shutdowns in South Africa. Rhodium, which is a small, but very tight, market, is also at new record levels of around $7100 - a significant rise although not such a dramatic one as for platinum in percentage terms. (As a guide, platinum started the year at $1530 an ounce and rhodium $6850.)

With South Africa controlling about 70 percent of new mine supply for these metals, any supply interruption will be significant in price terms, but as Investec analyst Rebecca O'Dwyer said in a note today, subsequently reported by Reuters, "Before the power crisis, we were forecasting a platinum deficit of 150,000 ounces at the end of 2008. If all platinum mines were shut for one week, this could increase the deficit to in excess of 260,000 ounces."

"The platinum price rose US$81 an ounce on Friday after the news of the mine closures. If there is a prolonged shut-down of South African mines we believe the price could spike significantly higher," said O'Dwyer.

With rhodium there is again a very tight market and while the price increases here have not been as spectacular as for platinum (up around 25 percent in the past 12 months) there could be further substantial increases ahead should the mining interruptions be prolonged.

At the moment it is still uncertain when the mines will reopen for production. They now have enough power for necessary maintenance and safety work and there is talk of operations being back on stream by the end of the week. But, no-one really knows yet! There will be another round of meetings with Eskom on Wednesday and it is felt that if the power utility can supply 90 percent of a mine's normal needs, this should be enough to bring them back into production. But, it is not only the mines which are suffering from the power cuts and other South African industrial users are also hurting badly and their needs will also have to be taken into account.

Altogether it looks like taking two to four weeks before Eskom can bring enough power back on line for any semblance of normality, but any major breakdown at one of the major power plants will switch the lights out again!

Looking ahead, Eskom states that its programme to construct new facilities won't be completed until 2013. This is serious for the platinum sector in the medium to long term because virtually all the world's new platinum mining projects are in South Africa. If power needs to be rationed in any way - and it looks like this will be the case until at least early into the next decade - then new projects are likely to be at the bottom of the priority list. Given South Africa's huge supply dominance, this means that platinum - and rhodium - may well now be in continuing short supply until 2013 or later.

 

 

 

 

 

FEATURED LINKS

Hinterland Metals Web Site

Hinterland Metals IR HUB

 

 

 

 

 


VanEck Vectors Global Alternative Energy ETF

EXPLORATION STAGE
CODE : HMI.V
ISIN : CA4334732043
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Hinterland Metals is a gold and cobalt exploration company based in Canada.

Hinterland Metals holds various exploration projects in Canada.

Its main exploration properties are KIPAWA & LULA REE, BALLARAT, LOCKOUT, EBAY PGE and TECK in Canada.

Hinterland Metals is listed in Canada and in United States of America. Its market capitalisation is 7.1 millions as of today (US$ 5.3 millions, € 4.6 millions).

Its stock quote reached its highest recent level on June 20, 2008 at 1.20, and its lowest recent point on March 15, 2019 at 0.01.

Hinterland Metals has 47 442 200 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of VanEck Vectors Global Alternative Energy ETF
9/29/2009Closes Final Tranche of $622,430 Private Placement
9/3/2009Closes Second Tranche of Private Placement for $300,000
8/28/2009Closes First Tranche of Private Placement for $150,930
7/29/2009Arranging $720,000 Private Placement
11/26/2008Extends Expiry Date of Share Purchase Warrants
1/3/2006$ 220,000 private placement closed
12/30/2005$ 110,000 private placement closed
Option Grants of VanEck Vectors Global Alternative Energy ETF
9/15/2007Grants 825,000 Incentive Stock Options
Nominations of VanEck Vectors Global Alternative Energy ETF
5/24/2007Appoints Vaughn MacLellan as Director
Project news of VanEck Vectors Global Alternative Energy ETF
7/12/2016Hinterland to earn interest in Troilus Lithium Property surr...
9/14/2012(Teck)Options Teck-Kirkland Property in Ontario to Opawica
9/16/2009(Lockout)Drilling Lockout Gold Project, Quebec
4/29/2008(Ebay Pge)Drills Up to 1.46g/t PGE at Ebay Property, Quebec
4/15/2008Drilling Intersects 13.8g/t Au & 4.1g/t Ag Over 1..7m at Ran...
4/9/2008(Ebay Pge)Finds More Platinum & Palladium at Ebay Property, Quebec
2/21/2008(Ebay Pge)Continues to Hit Platinum & Palladium at Ebay Property, Queb...
2/14/2008(Ebay Pge)Hits Platinum & Palladium at Ebay Property, Quebec
12/11/2007(Plateau (dot-com))Starts Drilling at Plateau PGE Project, Quebec
Corporate news of VanEck Vectors Global Alternative Energy ETF
7/11/2016Hinterland adds claims to the Brexit Lithium Property in the...
6/23/2016Hinterland acquires lithium claims in Mountain Lake Belt, Qu...
5/17/2016Hinterland updates Tak Property in Dawson Mining District of...
5/16/2016Hinterland 2016 AGM Results and Extension of Warrants
3/30/2016Hinterland grants 2,400,000 options to officers and director...
12/8/2014Hinterland Completes Electromagnetic Survey on Guyberry Gold...
12/3/2014Hinterland Acquires 100% Interest in Mozart Gold-VMS Propert...
9/9/2014Hinterland Updates Quebec Exploration Activity
9/3/2014Hinterland Samples Up to 8.12 Grams Per Tonne Gold on McInty...
6/23/2014Hinterland Correction to Final Tranche of Private Placements
6/17/2014Hinterland Appoints Mr. John Langton to Board of Directors
6/13/2014Hinterland Closes Final Tranche of Private Placements
6/9/2014Hinterland Receives $40,000 Grant Under the New Brunswick Ju...
6/3/2014Hinterland Annual and Special Meeting Results
5/27/2014Hinterland Closes First Tranche of Private Placements
5/1/2014Hinterland Acquires Williams Brook Gold Property in New Brun...
4/24/2014Hinterland Acquires McIntyre Gold Property in New Brunswick
4/15/2014Hinterland Acquires Sakami Gold Claims in Quebec
4/9/2014Hinterland Acquires Lac Surprise Claims in Quebec
6/28/2013Annual and Special Meeting Results
2/21/2013Completes Airborne Geophysical Survey Over Mozart Gold Prope...
6/20/2011and Stakeholder Gold Corp. Complete Spin-out of Yukon Assets
6/8/2011Spin-Out Arrangement With Stakeholder Gold Corp. Approved by...
5/17/2011Begins Exploration Work at Kipawa Rare Earth Project in West...
4/4/2011Executes Arrangement Agreement with Stakeholder Gold Corp.
2/22/2011Stakes TM Property in White Gold Area of Yukon
3/15/2010Yahoo! Interview with Mr. Mark Fekete
3/16/2010Acquires Lac Fecteau in Windfall Lake Area, Quebec
2/18/2010Company update
7/15/2009Hinterland Mobilizes Exploration Crew to Ballarat Property
7/8/2009Vend Two White Gold District, Yukon Properties to Silver Que...
6/26/2009Stakes Additional Claims in White River Gold Play, Yukon
6/23/2009Options 1661ha Ballarat Property in White River Gold Play, Y...
6/10/2009closes $175,000 Financing
4/10/2008Discovers 1.8m of 1.12% Copper and 0.36% Nickel at Ebay Prop...
2/4/2008Industry Bulletin
12/12/2007starts drilling at Raney Gold Project, Ontario
12/5/2007closes $476,880 Financing
11/27/2007Stakes Entire Utik Lake Greenstone Belt, Manitoba
11/20/2007arranges $600,000 Financing
11/13/2007Sells Otish Basin Interest to Kakanda for 500,000 Shares
11/6/2007 to drill recently acquired Raney Gold Property,Ontario
10/22/2007Outlines 11.5km Uranium Anomaly at Hearne
10/11/2007Discovers 7.5g/t Gold at Hearne Project, Manitoba
9/4/2007Summer 2007 Exploration Update
8/1/2007 starts Hearne Uranium Exploration Program
6/11/2007Hires Downshire Capital Inc
5/8/2007closes $75,000 Financing
4/26/2007and Kakanda OtishU JV Airborne Survey
4/5/2007Doubles size of Hearne Uranium Project near Churchill, Manit...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (HMI.V)Other OTC (HNLMF)
0.150+0.00%1.45+0.00%
TSX-V
CA$ 0.150
06/28 17:00 -
0%
Prev close Open
0.150 0.150
Low High
0.150 0.150
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.150 -%
Volume 1 month var.
1,250 -%
24hGold TrendPower© : -18
Produces
Develops
Explores for Gold - Palladium - Platinum - Rare earth
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 4/9/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.78-0.59%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 9.51-6.49%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-0.34%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-20.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
 2.16+3.35%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 13.54-6.49%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.30+11.32%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
 0.20+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 2.54-4.51%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 38.68+0.86%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.08-11.49%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
AU$ 0.00+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.