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The majority of economical platinum mining is done in South Africa, the Russian Federation, and Canada. Limited platinum/palladium mining is done in the USA. Russian stockpiles of palladium have been seen in the past as a drag on upside price. Reports in August 2009 (Mining Weekly) stated most of these reserves had been depleted. Palladium is also the metal of choice for gasoline engine catalytic converters vs. platinum for diesel engine converters. Palladium hardness is greater than gold, silver, and platinum. Palladium is not as dense as Platinum and has been estimated to be 3 times as abundant as platinum in the earths curst. While platinum is substantially higher then palladium (February 2010) there have been times in which palladium has be valued higher than platinum. Investing in Palladium Coins and Bullion US Geological Survey Platinum-Group Metals Statistics and Information Website
Bottom Line: Do your research, invest wisely, and be nimble to avoid being squashed by the big players. **Investors have several equity options in the US & Canada including: (Links below provide Yahoo Finance Quotes) ANGLO Platinum Unsponsored ADR (AGPPY.PK) (Also known as Amplats) IMPALA Platinum Sponsored ADR (IMPUY.PK) Anooraq Resources Corporation (ANO) AQUARIUS Platinum LT (AQPBF.PK) COLOSSUS MINERALS INC.(Toronto: CSI.TO) EASTERN Platinum LTD (ELRFF.PK) FRANCONIA MINERALS CORPORATION (Toronto: FRA.TO) GOLDBROOK VENTURES(Other OTC: GBKVF.PK) JSC MMC NORILSK ADR (NILSY.PK) (Worlds Largest Single Palladium Producer Located in Russian Federation) LONMIN PLC SP ADR (LNMIY.PK) North American Palladium Ltd. (PAL) (Largest open-pit bulk mineable palladium reserves in the world) NORTHAM Platinum PTY (NMPNF.PK) Platinum Group Metals Ltd. (PLG) PREMIUM EXPL INC(Other OTC: PMMEF.PK) Stillwater Mining Co. (SWC) JUBILEE Platinum PLC (JUBPF.PK) Solitario Exploration & Royalty Corp. (XPL) **Investment options also include bullion related equities: ETFS PHYSICAL Palladium (PALL) **Palladium Discussion Groups
Visit My Other Investing Sites: InvestingInRareEarthElements.com
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