Precious play starts to catch on

Article Abstract:

Australia does not understand the platinum market, and investors are reluctant to invest in a small precious metal industry company such as Aquarius Platinum. Ed Nealon of Aquarius claims share prices should be at least $2.65 rather than $0.88. Aquarius is also about to begin a new project with its 45%-owned Kroondal Platinum Mines in South Africa, an area about which investors have misgivings. The platinum market price per ounce has jumped from $330 to $365. If investors are not serious about the platinum market, Nealon may shift Aqaurius' stock listing to London.

Primary nonferrous metals, not elsewhere classified, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), South Africa, Platinum, Management, Mining industry, Securities, Precious metals industry, Precious metal products, Aquarius Platinum Ltd., Kroondal Platinum Mines

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'Big oil' says it's squeezed, and puts out its hand

Article Abstract:

The Australian oil refining industry, which is threatening to close operations due to operating costs, may need a $1 billion investment from the Australian government to keep the industry running.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Business Aid & Regulation-Total Govt, Statistical Data Included, Petroleum industry, Industrial policy, Government regulations

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