Tag Archive | "wage increases"

Platinum Sales Drop, SA Miners Hurt

Friday, October 23, 2009

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?

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