Platinum dipped slightly on 9/12, while all other metals saw an increase in value.
Shandong Gold Group, a large Chinese mining company, is considering bids for EMR Capital’s Indonesian gold and silver mine. EMR Capital, a resources-focused private equity firm, is weighing options, one of which is the possible sale of the asset. The sale could rake in as much as $1.5 billion. Gold producers are now boosting their acquisitions amid a rally in the metal’s price, which hit its highest mark in over a year last week.