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Platinum and palladium see rising investment demand while production plummets

Posted on 15 August 2013

Platinum and palladium prices are likely to gain in the coming months as South African supply fall again due to widespread labor disputes and strike action, problems with the national electricity infrastructure and surging energy costs.
These significant challenges have created numerous disruptions to the mining industry in South Africa and greatly reduced domestic precious metal production in 2012 and this has continued in 2013. Geological constraints and declining ore grades may also be leading to reduced production………………………………………..Full Article: Source


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VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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