Northam Platinum Ltd

Published : November 18th, 2014

Platinum industry launches the World Platinum Investment Council to stimulate platinum investment

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Lead | London | Market | Platinum | Transparency |

Platinum industry launches the World Platinum Investment Council to stimulate platinum investment

Published on 18 November 2014

Today, six of the world's leading platinum producers, announce the launch of a new industry entity, the World Platinum Investment Council (WPIC), which will work to develop the global market for platinum investment.

Anglo American Platinum, Aquarius Platinum, Impala Platinum Holdings, Lonmin, Northam Platinum and Royal Bafokeng Platinum will fund the WPIC to develop an active investment market for platinum, while making investment in platinum more accessible to a wide array of investors around the world.

WPIC will help institutional, high net worth and retail investors gain a better understanding of the platinum investment opportunity through the provision of independent data, information and insight. Over time, WPIC will also work with the financial services industry to support existing platinum products and create new investment products improving access to platinum's investment benefits.

Speaking on behalf of its six members, Chris Griffith, the CEO of Anglo American Platinum, commented: "The World Platinum Investment Council has been formed to help investors make better informed decisions when it comes to physical platinum. We believe greater transparency, objective information and a broader selection of investment products will ultimately lead to a more sustainable platinum investment market."

Paul Wilson is the WPIC's chief executive officer. Mr Wilson was formerly an Advisory Partner of Bain & Company, the management consulting firm, and was responsible for its UK Financial Services practice. Mr Wilson is also Non-Executive Chairman of XL London Market Ltd and Non- Executive Director of Brewin Dolphin Plc.

Commenting on the launch, Paul Wilson said: "To date, the investment potential of platinum has been largely overlooked. We believe that presenting the platinum investment proposition to a wider range of investors will result in it rightfully being considered favourably as an investment. Platinum's performance as an investment asset over the past 20 years supports this thesis.

"The World Platinum Investment Council's initial priority will be to shed more light on the key drivers behind the platinum market's fundamentals, as these are critical to the full appreciation of the platinum investment opportunity. We will do this by commissioning independent specialists to provide regular insightful data and analysis. We believe this increased insight will result in a broader base of investors considering platinum as a long-term investment."

WPIC's first quarterly analysis (Q3 2014) of global platinum supply and demand fundamentals, researched by SFA Oxford, a market specialist in metals and mining research, will be available shortly. Investors can subscribe to receive this data without charge on the organisation's website: www.platinuminvestment.com

For any media requests, please contact Capital MSL:

Claire Maloney

+44 (0) 20 3219 8803
[email protected]This email address is being protected from spambots. You need JavaScript enabled to view it.

Simon Evans

+44 (0) 20 3219 8809
[email protected]This email address is being protected from spambots. You need JavaScript enabled to view it.

Notes to Editors:

About World Platinum Investment Council

World Platinum Investment Council (WPIC) is a global market authority on physical platinum investment, formed to meet the growing investor demand for objective and reliable platinum market intelligence. WPIC's mission is to stimulate global investor demand for physical platinum through both actionable insights and targeted product development.

WPIC was created in 2014 by the six leading platinum producers: Anglo American Platinum, Aquarius Platinum, Impala Platinum Holdings, Lonmin, Northam Platinum and Royal Bafokeng Platinum.

Read the rest of the article at www.noodls.com

Northam Platinum Ltd

PRODUCER
CODE : NOC.BE
ISIN : ZAE000030912
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

Northam Platinum is a platinum producing company based in South africa.

Northam Platinum holds various exploration projects in South Africa.

Its main asset in production is NORTHAM MINE in South Africa and its main asset in development is BOOYSENTHAL in South Africa.

Northam Platinum is listed in Germany, in South Africa and in United States of America. Its market capitalisation is €UR 1.8 billions as of today (US$ 2.2 billions, € 1.8 billions).

Its stock quote reached its lowest recent point on December 18, 2015 at €UR 1.16, and its highest recent level on September 08, 2021 at €UR 10.50.

Northam Platinum has 174 810 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Northam Platinum Ltd
10/3/2018Northam Platinum and South Africa's NUM union sign 3-year wa...
Financials of Northam Platinum Ltd
8/26/2016Results for the year ended 30 June 2016
Project news of Northam Platinum Ltd
10/1/2015Section 11 consent obtained and Part B acquisition of Everes...
7/30/2015Wage settlement concluded at Northam’s Zondereinde mine
3/25/2015Notice of acquisition of beneficial interests in Northam ord...
3/25/2015Notice of acquisition of beneficial interests in Northam ord...
3/25/2015Secondary placement of a 13% interest in Northam and notific...
French Corporate News of Northam Platinum Ltd
5/9/2016Northam sells its stake in Trans Hex
Corporate news of Northam Platinum Ltd
10/23/2015Northam and Heraeus extend strategic co-operation agreement
10/20/2015Wage settlement concluded at Northam’s Booysendal Mine
9/30/2015Notice of annual general meeting
9/28/2015Change of registered office
9/11/2015Northam’s short term credit rating upgraded
8/28/2015Full capital redemption
7/23/2015Disruption to Booysendal operations - update
7/21/2015Disruption to Booysendal operations
4/17/2015Posting of the Northam offer circular and Zambezi Platinum p...
4/10/2015Declaration and finalisation announcement on behalf of Zambe...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Declaration and finalisation announcement in respect of the ...
4/10/2015Change to the board of directors
3/25/2015Northam’s R6.6 billion Black Economic Empowerment transactio...
12/12/2014Pro forma financial effects of Northam’s BEE Transaction and...
12/3/2014World Platinum Investment Council launches Platinum Quarterl...
11/18/2014Platinum industry launches the World Platinum Investment Cou...
11/6/2014Results of annual general meeting
10/22/2014Northam Platinum concludes fully-funded 10 year R6.6 billion...
2/2/2006unaudited interim report and dividend declaration
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
BERLIN (NOC.BE)OTHER OTC (NMPNF)
10.50-3.67%11.00+44.36%
BERLIN
€UR 10.50
09/08 18:20 -0.400
-3.67%
Prev close Open
10.90 10.90
Low High
10.50 11.00
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  10.50 -%
Volume 1 month var.
750 -%
24hGold TrendPower© : 34
Produces Platinum
Develops Platinum
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/28/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2021-6.25%16.6010.20
202042.95%9.9510.00
 
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$ 7.71-0.39%Trend Power :
Oceana Gold(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 :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.11+2.21%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 0.55-0.90%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.47+3.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.25-3.42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+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 ...
CA$ 1.79-3.76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.57+0.84%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$ 0.04+5.88%Trend Power :