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Platinum holds ‘most upside potential in the next few months’ across complex: Barclays

Posted on 10 June 2013

London based Barclays believes that with supply concerns dominating the market sentiments in platinum, it could be that the commodity “has the most upside potential in the next few months across the precious metals complex.”
Last week on Monday, an employee of Lonmin working at the Marikana Mines in South Africa was killed and another one injured in a shooting episode. Treasurer at Association of Mineworkers and Construction Union (AMCU) has threatened a strike unless the union is approved as the ‘majority union’ by authorities. Tuesday had seen 3000 workers from Impala Platinum’s Rustenberg Mines go on a strike only to return to work overnight………………………………………..Full Article: Source


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VRS - who has written 37241 posts on Opalesque Commodities Briefing.


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