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Platinum, palladium sink as S. African strike nears end

Posted on 13 June 2014

Palladium posted its biggest daily losses in almost a year on Thursday after South African producers struck a deal with the union to end a crippling five-month strike, and violent conflict in Iraq burnished gold’s safe haven status.
Taking a step closer to resuming operations after the longest strike in the 130-year history of South Africa’s mines, Amplats, Implats and Lonmin reached an agreement in principle with the Association of Mineworkers and Construction Union (AMCU) about wages………………………………………..Full Article: Source


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