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SA platinum sector is dead, long live the new platinum sector

Posted on 14 March 2014

What was clear from the presentations and conversations in Toronto during this year’s Prospectors and Developers Association of Canada conference is that the long-term future of South Africa’s platinum sector lies not in the deep-vein, shanty-town-lined mines of old but rather in the newer, shallower mines that afford more opportunities to local communities and for mechanisation.
From a cost point of view, this, at least on paper, was obvious in a slide shown by Mike Jones, CEO of Platinum Group Metals, during his presentation………………………………………..Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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