Tag: Platinum
Drilling down into commodities success
SOUTH Africa is the number one exporter for platinum, ranks among world-leading export nations for iron, and is a major competitor selling coal on international markets.
The latest available country-specific data shows...
Platinum can move the needle on the economic growth SA so desperately needs
Platinum Group Metals (PGMs) are proving to be market darlings: In the last 12 months platinum prices have soared by 30%, palladium prices have doubled, and rhodium has quadrupled. Tim Acker,...
Platinum miner Lonmin to cut over 1,000 jobs in SA
Platinum miner Lonmin plans to cut over 1,000 jobs before Christmas, South Africa’s Solidarity union said on Monday, due to persistently low commodity prices and rising costs.
“Because of these...
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