Eastplats Reports 30% Reduction in Platinum Sales for 2011
Mining Weekly reported Eastern Platinum (TSX:ELR,LSE:ELR) saw a 30% reduction in sales of platinum as production was negatively impacted by a strike in 2011.
Articles Tagged "platinum sales"
Platinum Sales Drop, SA Miners Hurt
Though platinum prices have near doubled to 1350/oz this week from a low of 732/oz last October, for the miners in South Africa, it is still an uphill task. The SA government's talks to takeover ownership of mines could potentially scare off investors. How will the platinum producers operate in a constrained environment?
