Two Rivers Best Cost Platinum Producer

Mining Weekly reported African Rainbow Minerals (LSE:ARM) said the Two Rivers platinum area is the best-cost producer on the eastern limb of the Bushveld Complex.

As quoted in the market news:

Figures for the period showed that unit costs rose 18% at ARM’s National Union of Mineworkers- (NUM-)dominant Modikwa platinum operation – where there was a five-week strike and two fatalities – while unit costs at the AMCU-dominant Two Rivers rose only 6%, with 5% of it the result of general inflation.

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