Wednesday 21 May 2014

Platinum shines on SA's longest mine strike

Platinum group metals rose on Tuesday as South Africa's longest and costliest miners' strike ground on, while gold edged up as gains in the dollar held it near key chart support.
Platinum gained in intraday trade after refiner Johnson Matthey said it believed the deficit in the platinum market will expand to 1.218 million ounces this year, its largest shortfall in a data series going back to 1975.  read more

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