Anglo View On Platinum Sector Problems
Reuters reported a case study on Anglo American (LSE:AAL) showing problems facing the platinum sector.
Reuters reported a case study on Anglo American (LSE:AAL) showing problems facing the platinum sector.
Reuters reported Johnson Matthey said South African platinum supplies are likely to decline in 2012.
CNBC reported an analysis of the world's platinum supply as it falls along Africa's political lines.
Mining Weekly reported the global glut of platinum will require a significant change in demand to see any impact in prices through 2012.
Mining Weekly reported platinum registered its seventh consecutive gross surplus in 2011 and was likely to experience a similar outcome in 2012.
Tuesday saw the reversal of a six-month trend where gold prices were higher than platinum prices.
Reuters reported Impala Platinum (JSE:IMP) said on Tuesday the costs of an illegal strike at its Rustenberg mine have reached 100,000 ounces and a loss of income of about $263.66 million.
Kitco reported platinum and palladium are in short supply and analysts expect prices to rise.
Mining Weekly reported safety stoppages at South Africa's platinum mines have hurt production for several miners.
Platinum is one of the elements considered at high risk of supply disruption according to the British Geological Survey. Want to know why?
Get our independent commentary on platinum trends and companies delivered to your inbox.