PRECIOUS METALS HIGHLIGHTS : Top Stories of the Day
08/08/2012| 05:18pm US/Eastern
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TOP STORIES
UPDATE: Impala Platinum Sees Earnings Hit by Rustenburg Strike
JOHANNESBURG--Impala Platinum Holdings Ltd. (IMP.JO) Wednesday said its headline earnings for its financial year will be down by almost half, becoming the latest platinum producer to report a decline amid weak prices and demand.
STORIES OF INTEREST
Aquarius Platinum FY Revenue Falls 29%, No Dividend Paid
LONDON--Aquarius Platinum PLC (>> Aquarius Platinum Limited), which operates a platinum mine in South Africa, Wednesday reported a decline in revenue for the year ended June 30 and did not pay a dividend, adding that the platinum sector remains under pressure but that it expects to rebuild its production when the market recovers.
MARKETS
PRECIOUS METALS: Low Trading Volumes Boost Gold Prices
NEW YORK--Gold futures carved out a small gain Wednesday, helped by unusually low trading volumes as the number of open futures contracts neared a three-year low.
-By Tatyana Shumsky, Dow Jones Newswires; 212-416-3095; tatyana.shumsky@dowjones.com
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