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Platinum market shifts to deficit, first time in 7 years

Posted on 03 May 2013

Labour disruptions in South Africa pushed the platinum market into a narrow deficit in 2012, for the first time in seven years, Thomson Reuters GFMS said on Thursday.
Speaking at the launch of the group’s Platinum & Palladium Survey in Johannesburg, Thomson Reuters GFMS, Research Director for Mining, William Tankard, said the market swung to a marginal deficit of 83,000 ounces in 2012………………………………………..Full Article: Source


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