Browse tag

platinum price

Home / Posts Tagged "platinum price"

Latest Posts

Platinum: South Africa strike “officially over”

About 70,000 AMCU members downed tools in January at platinum mines run by Amplats, Implats and Lonmin to demand that their basic wages be more than doubled to 12,500 rand ($1,200) a month. Marred at times by violence, the strike

Platinum price still stable

Despite a recovery on the demand side and a major strike in South Africa, mining companies inventory is  preventing prices to rise. Platinum futures for April delivery gained 0.9 percent to $1,441.40 an ounce which is a 5% increase since January 1st.

Platinum group metals: birth of a global cartel

The two largest platinum group metals producers, South Africa and Russia who together control about 90% of the world’s supply, have finally decided to join forces to try to curb excess production bringing down platinum and palladium prices. At the summit of